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US oil and gas M&A jumps in 2011

a shared story    8 minutes ago
NEW YORK (AP) -- Interest in U.S. energy companies spiked in 2011 as buyers clamored for more access to oil-rich layers of North American shale, a consulting and accounting firm says.... 

tags: oil gas m&a jumps 2011


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Groupon reports quarterly net loss

a shared story    8 minutes ago
(Reuters) - Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.  



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Summary Box: CVS Caremark 4Q profit rises

a shared story    1 hour 8 minutes ago
THE RESULTS: CVS Caremark Corp.'s fourth-quarter net income climbed nearly 4 percent. The company earned $1.06 billion, or 81 cents per share. Adjusted earnings were 89 cents per share, in line with the average analyst forecast.... 




Chinese-born American acquitted of espionage

a shared story    1 hour 8 minutes ago
CHICAGO (AP) -- A federal judge has convicted a Chinese-born American of stealing trade secrets but acquitted her of corporate espionage at a trial in Chicago that highlighted fears about China pilfering U.S. company secrets.... 



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FBI Puts Cloud Providers On Notice Over Security Rules

a shared story    2 hours 8 minutes ago
The FBI is taking a tough line on cloud vendors looking to do business with U.S. law enforcement agencies, saying Tuesday that there would be no compromise in its new rule that all such services comply with the agency's Criminal Justice Information Systems (CJIS) security requirements....(more) 



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China firm indicted for DuPont conspiracy: filing

a shared story    2 hours 8 minutes ago
(Reuters) - U.S. prosecutors secured an indictment manufacturer in Sichuan province, worked with a U.S. businessman and others against a Chinese company for conspiracy to commit economic espionage and other charges in a widening case over the alleged theft of industrial secrets from chemical company DuPont...(more) 



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Summary Box: Nissan quarterly profit rises

a shared story    3 hours 8 minutes ago
RISING ABOVE: Nissan's quarterly profit rose 3.2 percent on healthier sales that offset production damage from flooding in Thailand and a battering from the strong yen.... 



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Las Vegas home sales rise, but prices fall

a shared story    3 hours 8 minutes ago
The latest Las Vegas-area home price statistics show again that year-to-year sales are up while prices are down. 



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Deutsche Bank to defer some bonuses - source

a shared story    4 hours 8 minutes ago
LONDON (Reuters) - Germany's Deutsche Bank will defer any part of an employee's bonus above 200,000 euros ($264,800) this year, a source close to the bank said, making it the latest industry player to limit pay in the face of fierce criticism of the industry.  



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Greek debt not sustainable with 70 percent haircut: S&P

a shared story    4 hours 8 minutes ago
NEW YORK (Reuters) - Greece will likely not achieve sustainable debt levels with a 70 percent reduction in the value of bonds held by its private creditors, Standard & Poor's warned on Wednesday, putting pressure on the official sector also to take losses.  



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Builders ordered to pay up on tax

a shared story    5 hours 8 minutes ago
Construction workers who are dodging tax have been told to pay up ahead of a planned crackdown by the UK tax authority. 



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Fear not the "Glenstrata" giant, say coal customers

a shared story    5 hours 8 minutes ago
LONDON (Reuters) - Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers who already rely on the two for supplies of coking coal for steel and thermal for power generation.  



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