PanCanadian chief's pay package sank 51% in '98

Article Abstract:

PanCanadian Petroleum Ltd. has posted a profit of C$150 million in 1998, down 55% from 1998. The company eliminated 200 jobs, or 11% of its workforce, to control costs in 1998. PanCanadian' shares decline by 24% in 1998 as a result of weak crude oil prices. The company's president and CEO David Tuer reported a 51% reduction in his compensation from C$1.23 million in 1997 to C$605,269 in 1998. >PG B4

Sales, profits & dividends, Crude Petroleum and Natural Gas Extraction, Crude Petroleum & Natural Gas, Petroleum industry, Natural gas, Petroleum, Gas industry, PanCanadian Petroleum Ltd.

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Ranchers fearing economic disaster: Cattle prices expected to plunge further as industry reels from mad-cow fallout

Article Abstract:

Ranchers in Canada and many rural communities are stimulating for more economic disaster as cattle prices have dropped sharply. The country's beef industry is suffering this disaster due to the discovery of mad-cow disease in North America.

Forecasts, trends, outlooks, Commodity & service prices, Meat Products, Economic aspects, Prices and rates, Forecasts and trends, Market trend/market analysis, Cattle, Beef industry, Company pricing policy

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