MORE U.S. FIRMS OUTLINE RESTRUCTURING MOVES

More U.S. companies are taking measures to restructure operations and cut costs in the wake of disappointing U.S. market conditions. Among the latest actions: Transco Energy Co., Houston, has approved restructuring plans that call for it to pull out of upstream oil and gas and coal operations, sell assets, and cut its workforce. Tenneco Inc. has cut capital spending and taken a charge against earnings spurred by cost cutting measures. Edisto Resources Corp., Dallas, has taken steps to focus

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