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The sale of J.C. Penney Co. Inc. is getting closer to the finish line, the company announced this week.
JCPenney has filed a draft asset purchase agreement (APA), which tracks the terms of its previously announced letter of intent to sell the company …
Read MoreHouston-based Apache Corp. (NYSE: APA) has shed several hundred million dollars from its 2020 spending plan and cut its dividend by 90 percent.
Apache now plans capital investment to be between $1 billion and $1.2 billion, down from the previous expec…
Read MoreHouston-based Apache Corp. (NYSE: APA) has cut spending on its Alpine High play and claimed impairment on the value of the related assets.
Apache has run into challenges around the performance of its development tests in Alpine High, a much-touted oil…
Read MoreHouston-based Apache Corp. (NYSE: APA) plans to close a facility in San Antonio this year, a move that will affect 272 jobs.
The layoffs are expected to start on March 6, according to Worker Adjustment and Retraining Notification Act letter filed with…
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