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Selasa, 25 Desember 2012

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TPG-Axon Accuses SandRidge CEO Ward and Son of Impropriety
Bloomberg
TPG-Axon Capital Management LP, owner of 6.7 percent of SandRidge Energy Inc. (SD)'s outstanding shares, requested the company's board investigate whether Chief Executive Officer Tom Ward and his son acted improperly with regard to acquiring ...
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New Jersey pension fund sues NYSE Euronext over ICE deal
Fox Business
NEW YORK – A pension fund that holds shares in NYSE Euronext has sued the exchange operator over its proposed $8.2 billion sale to IntercontinentalExchange Inc , saying the deal undervalues the company's stock. The New Jersey Carpenters Pension ...
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China Stocks Erase Year's Losses; Yen's Drop Drives Japan Shares
Businessweek
Chinese equities rose, with a benchmark gauge wiping out losses this year, amid expectations for a recovery in the world's second-largest economy. Japanese shares and rubber gained after the yen touched a 20-month low. The MSCI Asia Pacific Index ...
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LSE trims LCH.Clearnet offer amid capital changes
The Associated Press
LONDON (AP) — London Stock Exchange PLC has reduced the value of its bid to buy up to 60 percent of European clearing house LCH.Clearnet to take into account new capital requirements being imposed by regulators. The Exchange said Monday that its ...
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Dockworkers at Northwest ports reject pact offer
Reuters
By Laura L. Myers. SEATTLE | Mon Dec 24, 2012 10:51pm EST. SEATTLE (Reuters) - Dockworkers at four U.S. Pacific Northwest ports moved closer to a possible labor clash with grain shippers on Monday, as parties in a larger, separate dispute at 15 East ...
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Analysts are split: Did JC Penney have a merry Christmas?
Dallas Morning News
Analysts are divided over whether Plano-based J.C. Penney Co.'s holiday season has lifted the company out of the year's deteriorating sales trend. Oppenheimer & Co. analysts are among the most positive, issuing a note Monday saying Penney's recent ...
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Military-style rifles selling fast in Northland
Duluth News Tribune
Gun dealers in northern Minnesota and Wisconsin are reporting a spike in sales of semi-automatic rifles amid renewed talk in Washington of a federal ban on assault weapons. "I despise the term `panic buying,' but I don't have any other word for it. We're out ...
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Marketing assumes importance as oil market moves into surplus
Economic Times
Marketing production is more associated with technology and entertainment than grubby industrial raw materials like oil. Marketing production is more associated with technology and entertainment than grubby industrial raw materials like oil. But marketing is ...
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Economic Times
Jury acquits contractor on Kerik home of perjury
Houston Chronicle
NEW YORK (AP) — A Bronx jury has acquitted a man whose construction company worked on renovations at the home of disgraced former New York police commissioner Bernard Kerik of perjury. The New York Times reported (http://nyti.ms/UYXWUH ) the ...
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Inspections in the works for tunnels
Boston Herald
Transportation workers removed more than 100 loose panels from the Callahan Tunnel on Sunday night, and state officials announced similar inspections in Boston's highway tunnels — including the Sumner Tunnel — after a 100-pound metal panel fell ...
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Lawmakers see 'fiscal cliff' deal as elusive
Salon
"We're going to spend New Year's Eve here, I believe," said Sen. Joe Lieberman. By Associated Press. more. All Share Services. Topics: Barack Obama, John Boehner, Republican Party, Fiscal cliff, Budget Showdown, Politics News · Lawmakers see 'fiscal ...
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Salon
I-40 reopens after rock slide
Greensboro News & Record
WAYNESVILLE (AP) — All lanes are open on Interstate 40 in the mountains after a rock slide over the weekend got cleaned up. A state Department of Transportation spokeswoman confirmed today the two westbound lanes of I-40 in Haywood County are ...
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Hey, big (online) spender! Final-week holiday spending jumps colossal 53 ...
Digital Trends
Final week holiday season shopping in the US has seen consumers jumping online to make purchases like never before. As far as Christmas Day-related online shopping goes, time's well and truly up. There will of course be those who waited until the very ...
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Appeals delay Port Townsend biomass expansion
The Republic
PORT TOWNSEND, Washington — Work on a $55 million biomass expansion project in Port Townsend, Washington, has been delayed because of court appeals. Port Townsend Paper Corp. said work on its biomass cogeneration plant has been delayed ...
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Natural Gas Supplies Down by 82 Bcf - Analyst Blog
NASDAQ
The U.S. Energy Department's weekly inventory release showed a larger-than-expected decrease in natural gas supplies. However, the storage withdrawal - the fourth for the winter heating season - was lower than both last year and the five-year average, ...
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Holiday shopping robust but with deep discounts
Winston-Salem Journal
NEW YORK — Shoppers who waited until the final days before Christmas were rewarded with big bargains and lighter crowds. But their last-minute deal hunting may hurt stores. Although fresh data on the holiday shopping season won't be available until ...
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Unemployment costs drop again for Neb. businesses
San Antonio Express
LINCOLN, Neb. (AP) — Nebraska employers will pay less in unemployment insurance next year as the state economy has improved and fewer people are out of work, the state labor department said. Nebraska has paid out less in unemployment benefits this ...
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Eni, Anadarko to develop offshore gas reservoirs; set up LNG project in ...
Energy Business Review
Italy-based multinational oil and gas company Eni has signed an agreement with Anadarko Petroleum to develop the common natural gas reservoirs in offshore Mozambique. As per the agreement, the companies will work out a program to carry out separate ...
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The 2012 Economy Brought Glad Tidings To Many
WBUR
Construction workers build a home in Palo Alto, Calif. A real turnaround seemed to take hold in the housing sector in 2012 after years of fits and starts. (AP). After years of recession and slow recovery, maybe you didn't notice. But it turns out, 2012 was a fairly ...
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PATH Will Run 24/7 on New Year's Eve, Day
Patch.com
The PATH is running 24/7 on Dec. 31 and Jan. 1, the Port Authority of New York and New Jersey announced on Monday. This will be the first time the PATH is running round the clock since Hurricane Sandy. Until then, service runs between 5 a.m. and 10 p.m. ...
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Fire reported at Gaston Post Office
McMinnville News-Register
Fire reported at Gaston Post Office. Photo courtesy Gaston Fire District<br> <b>A fire that damaged a. Photo courtesy Gaston Fire District A fire that damaged a mailbox and its contents this morning at the Gaston Post Office is considered arson in nature.
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Pimco's Gross Savors Free Lunch as Peso Bonds Beat Stocks
Bloomberg
Mexican bonds are giving investors led by Pacific Investment Management Co.'s Bill Gross the best chance to profit from the nation's economic growth and its bid to open the energy industry to private investment. Government peso notes gained 2.8 percent ...
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Wis. DNR to move mussels for St. Croix project
KTTC
TOWN OF ST. JOSEPH, Wis. (AP) - Crews will have to move thousands of mussels in the St. Croix (kroy) River as part of the bridge project connecting Minnesota and Wisconsin. The Milwaukee Journal Sentinel reports (http://bit.ly/TPMlYv ) the more than ...
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Fed Flummoxed by Mortgage Yield Gap Refusing to Shrink: Economy
Bloomberg
Record-low mortgage rates aren't cheap enough for Federal Reserve Chairman Ben S. Bernanke as he tries to spur economic growth and create jobs. Policy makers are disappointed that lower yields on mortgage-backed securities haven't led to more ...
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Providence prepares to recruit more police officers, using grant money
The Providence Journal
PROVIDENCE, RI -- The city is preparing for a police recruitment drive and municipal police academy that will allow the hiring of 18 new officers. Mayor Angel Taveras is poised to spend nearly $4.9 million in federal aid to hire the officers for the diminished ...
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Trash Collection Schedule for Christmas 2012
Patch.com
Mineola village offices will be closed a half-day on Monday, Dec. 24, 2012 and closed all day on Tuesday, Dec. 25, 2012 in observance of Christmas Eve and Christmas Day. The holiday collection schedule for this week is as follows: If your normal collection ...
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VimpelCom Rallies on Altimo Share Conversion: Russia Overnight
Bloomberg
VimpelCom Ltd. (VIP) gained the most in three weeks in New York on prospects Russia's third-biggest mobile provider will use the $1.4 billion received from its largest shareholder to reduce debt and pay dividends. American depositary receipts of VimpelCom ...
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Bill Ackman Takes on Herbalife
Forbes
Pershing Square's Bill Ackman might well have given a few desperate Americans an early Christmas gift last week when he took on nutritional supplement company Herbalife in a three-hour presentation at a special session of the Sohn Conference in New ...
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UPS driver caught stealing iPad
CW39 NewsFix
The Alverson's from Houston say a UPS driver swiped an iPad mini right off their front porch. Like all great stories, this one was caught on tape. Check it out. First you see delivery driver numero uno drop off the iPad. Fast forward, and you see a second driver ...
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Stanford develops thin film solar panels that stick to phones and windows
TechHive (blog)
Kevin is a small-time tech hound, amateur photographer, and a general know-at-least-something of all things geeky hailing from New York. More by Kevin Lee. Stanford University. Researchers at Stanford University have developed the first ever ...
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TechHive (blog)
Buying Back Greek Debt Rewarded Hedge Funds
CNBC.com
Last month, the European Commission's top economic official in Brussels, Olli Rehn, received an intriguing e-mail. Greece, under pressure from its European creditors, wanted to retire some of its debt by buying back its bonds at a deep discount to their face ...
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CNBC.com
DTEs Thumb Wind Park Comes Online
Zacks.com
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339. DTE Energy Company (DTE - Analyst Report) ...
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Rosneft Clinches Oil Deal, $16.8 Billion Loans for TNK-BP
Bloomberg
OAO Rosneft agreed on a prepaid oil supply deal with traders Glencore International Plc (GLEN) and Vitol Group and raised loans from global banks as the Russian crude producer seeks funds for its $55 billion acquisition of TNK-BP. Rosneft signed two loan ...
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Fortress Says Co-Founder Robert Kauffman to Retire
Bloomberg
Robert Kauffman, one of three co- founders of Fortress Investment Group LLC (FIG), retired after 15 years at the New York-based investment firm, a decision made in part to avoid higher tax rates next year. "It was a confluence of events with Fortress, myself ...
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Chevron Buys Encana, EOG Stake in Kitimat LNG Terminal
Bloomberg
Chevron Corp. (CVX), the second-largest U.S. oil company, agreed to buy a 50 percent stake in the proposed Kitimat liquefied natural gas terminal from Encana Corp. (ECA) and EOG Resources Inc. (EOG), joining the competition to ship the fuel from North ...
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The Grinch visits Governor Heineman
KHAS-TV
Opponents of the Keystone XL Pipeline recruited two fictional characters to deliver presents to Governor Dave Heineman Monday afternoon. The Grinch and Cindy Lou Who, two Doctor Seuss characters, brought gifts that symbolize landowners rights.
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TEXT-Fitch assigns FADE's series 4 tap 'BBB' rating
Reuters
Mon Dec 24, 2012 5:54am EST. (The following statement was released by the rating agency). Dec 24 - Fitch Ratings has assigned Fondo de Titulizacion del Deficit del Sistema Electrico F.T.A.'s (FADE or the issuer) Series 4 tap issuances a 'BBB' rating with ...
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Oil Holds Steady in New York on US Budget Deadlock
Bloomberg
Oil was little changed in New York amid concern that U.S. lawmakers will miss a year-end budget deadline, threatening to weaken the American economy. Futures traded in a 66-cent-a-barrel range as Democrats and Republicans discussed how to avoid ...
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Comex Gold Weakness Continues in Thin Holiday Trade
Wall Street Journal
NEW YORK--Gold futures ended nearly flat Monday, starting the holiday-shortened week with slight losses as traders stuck to the sidelines on stalled U.S. budget talks. The most actively traded contract, for February delivery, slipped 60 cents to settle at ...
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Paper mill company NewPage emerges from bankruptcy
Businessweek
RUMFORD, Maine (AP) — NewPage Corp., the parent company of a large paper mill in western Maine, has emerged from bankruptcy protection. NewPage has announced that it has completed its financial restructuring after receiving financial backing and a ...
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FDA Approves Genetically Modified Salmon
Alaska Public Radio Network
The Food and Drug Administration has approved genetically modified salmon, deciding the fish would not pose an environmental threat. This triggered outrage from Alaska's congressional delegation. The draft environmental assessment means no ...
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Prices for dairy products may soar
Minneapolis Star Tribune
WASHINGTON - Among the twisted consequences of Congress' frayed fiscal cliff negotiations is the possibility of dramatically higher prices for dairy products. Without an update to the nation's milk program, the country would revert to a 1949 pricing system ...
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Minneapolis Star Tribune
Dollar little changed in light trading
Boston.com
NEW YORK (AP) — The dollar is little changed against other major currencies ahead of the Christmas holiday Tuesday. The stock market closed at 1 p.m. Monday, and many currency traders have taken the day off. The stock market will reopen Wednesday.
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Will the Chicago River Change Course and Flow Back Into the Great Lakes?
Huffington Post (blog)
Visit NRDCs Switchboard Blog Low water levels are visible almost everywhere you look in the normally water-rich upper Midwest right now. The Mississippi River is so low that it needs emergency blasting to clear rocks impeding barge travel. And the Great ...
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Biz Brain: After-tax IRAs can not be converted into Roth IRA
The Star-Ledger - NJ.com
Q. I took a voluntary retirement from my employer in 2003. At that time I was participating in two retirement savings plans: one pre-tax and one after-tax. In 2005, I transferred the two accounts to separate accounts at a brokerage. When the accounts were ...
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The Star-Ledger - NJ.com
Extra Extra: Chicago Skyway Fare To Increase To $4
Chicagoist
The fare for the Chicago Skyway will jump from $3.50 to $4 on Jan. 1. The 8-mile road is operated by Skyway Concessions Company, a joint-venture between an Australian company and a Spanish company, which started a 99-year lease with the city in 2005.
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Settlement in BP Oil Spill Approved by Judge
JDJournal.com
On Friday, the United States judge issued final approval to BP Plc's settlement with businesses and individuals who suffered money losses and property losses in the 2010 Gulf of Mexico oil spill, according to Reuters. The order issued by the judge covers just ...
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SPEAK OUT: Georgia Schools Chief Backs NRA Proposal
Patch.com
The suggestion Friday (Dec. 20) of having armed officers at schools as a deterrent to mass shootings found approval from Georgia School Superintendent John Barge. According to the Atlanta Journal-Constitution, "Having a school resource officer would ...
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Hostess narrows suitors for Twinkies, other brands
Columbus Business First
Hostess is negotiating with potential acquirers, likely putting Twinkies and its other iconic brands back on shelves in the coming months. Evan Weese: Web coordinator- Business First: Email | Google+ | Twitter | LinkedIn · Hostess Brands Inc. in bankruptcy ...
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Will there be mail delivery today, Christmas Eve 2012, (Video)
Examiner.com
Related topics. mail on Christmas Eve · Christmas Eve mail. Advertisement. It's Christmas Eve in the Bay Area and you may be wondering whether it is a USPS holiday or whether the Post Office will be open today or whether there will be Christmas Eve mail ...
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