"This shows that Coke is definitely serious about Fruitopia, " said Andrew Conway, a beverage analyst for Salomon Bros . " The $ 150 million investment is half of Coca-Cola's domestic capital expenditure budget ."
22.
Del Fonso said PLDT cut its capital expenditure budget for this year to 24 . 6 billion pesos, from the original target of 29 . 2 billion pesos, because of delays in expanding its network.
23.
And to fix up stores badly in need of sprucing up, the company will be forced to increase its capital expenditure budget, which last year was $ 75 million, less than half the budget in 1994.
24.
"We've already said that this transaction envisions, and it indeed is based on, keeping the capital expenditure budget that Chrysler has established, and that is central to the concerns of the dealers, " a Tracinda spokesman said Wednesday.
25.
Bruce Ranck, BFI's chief executive and president, said in an interview that a year-long plunge in prices for recyclable materials such as newsprint, glass and aluminum was a " major catalyst " for the cut in the capital expenditure budget.
26.
He declined to say exactly how much this will cost, but analysts estimate that the company's capital expenditure budget in the current fiscal year will run in the neighborhood of $ 650 million, well over the $ 586 million the company spent last year ..
