Because milling gold ore is an energy-intensive process, lower energy prices help to reduce operating costs.
Analysts expect banks will reduce operating costs by as much as 20% over the next three years.
By consolidating GOM operations, ChevronTexaco will be able to reduce operating costs while leveraging Unocal's proprietary geologic data.
The new owners plan to upgrade the tenants, add kiosks and reduce operating costs on the 90%-occupied mall.
The company said it expects the manufacturing cuts to help reduce operating costs 20% in 2012 compared to the previous year.
The thrill-ride expert says that during the recent recession, theme parks around the world went into maintenance-only modes in order to reduce operating costs.
American Superconductor this morning said it has cut its workforce by about 25% and is consolidating office space to reduce operating costs and improve liquidity.
FORBES: American Superconductor Cuts Staff 25%; Warns On Dec Qtr
PowerSecure pioneered the Interactive Distributed Generation IDG power systems platform, which uses sophisticated electricity forecasting software to reduce operating costs through peak shaving, enhances demand response resources and provides a suite of standby power solutions.
These numbers are made up for demonstration purposes, but whenever an airline cancels a flight that they are not obligated to incur costs for in terms of stranded passengers, and flies them later on existing flights, they reduce their operating costs while still capturing the revenue.
FORBES: Making Bad Travel Worse: Did Airlines Cancel Early For Hurricane Sandy?
Also, RIM gave little new information on its ongoing strategic review process, saying only that it has had discussions with a number of parties about potential licensing deals. (But it named no names.) RIM is about half way through its plan to cut 5, 000 people from the payroll, a move which will reduce ongoing operating costs but pressure on near-term cash.
FORBES: RIM: While Q2 Beat Estimates, Analysts Still Skeptical
Also looking for ways to reduce costs and improve operating costs.
The Cabinet Office said taxpayers expected "nothing less" of government than to reduce its own operating costs.
We expect that the HC1 will provide us with measurable gains in productivity and efficiencies that will reduce radiation dose and operating costs.
The airline aims to keep its fleet young with more fuel-efficient planes to reduce costs, as fuel accounts for nearly 40% of its operating costs.
The ioDrive product line, available through the Supermicro solution in capacities up to 5.12 TB in the ioDrive Octal, offers Fusion-io's revolutionary new solid-state ioMemory tier to dramatically increase bandwidth and application performance, reduce latency, and simplify IT infrastructure, while slashing capital and operating costs.
ENGADGET: Supermicro and Fusion-io team up to deliver new SuperServers
Finally, overcapacity pressured operating margins, impacting players that lack scale or management expertise to reduce costs.
In turn, that would reduce both power and cooling costs, not to mention simplify management and cut operating costs.
FORBES: For IT Managers, Going Green Can Save You Some Long Green
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