NEW YORK, Jan 3 (IFR) - Sempra Energy shares rose more than 2% on Wednesday after the natural gas utility revealed plans to raise up to US$4.6bn to fund its acquisition of Texas power distributor Oncor. [Source]
(Reuters) - Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters.
NEW YORK (Reuters) - As the federal government shutdown entered its second day on Sunday, New York Governor Andrew Cuomo vowed to use state money to reopen the Statue of Liberty before Washington restores funding to operate the popular tourist destination.
MUSCAT (Reuters) - Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.
NEW YORK/WASHINGTON (Reuters) - Tourists who came to Battery Park in lower Manhattan hoping to catch a ferry to the Statue of Liberty in New York Harbor got an unpleasant surprise on Saturday, learning the must-see destination was closed thanks to a U.S. government shutdown.
NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.
NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.
(Reuters) - Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a "disappointing" full-year profit forecast showed that the company would take more time to get back on a path of steady growth.
Jan 19 (Reuters) - Lincoln Financial Group said on Friday it would buy fellow insurer Liberty Life Assurance Co of Boston for about $3.3 billion from Liberty Mutual to boost its presence in the group benefits market.