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US oil and gas M&A jumps in 2011

a shared story    6 hours 59 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    6 hours 59 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    7 hours 59 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    7 hours 59 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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Summary Box: Nissan quarterly profit rises

a shared story    9 hours 59 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    9 hours 59 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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Gina Rinehart, Australian mining magnate and now media mogul

a shared story    9 hours 59 minutes ago
One of the world's richest women has bought into the Australian media. Will she use this to push her views on tax and mining?Outside her native Australia, Gina Rinehart's name is likely to be met with quizzical looks – but all that could be about to...(more) 



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Deutsche Bank to defer some bonuses - source

a shared story    10 hours 59 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    10 hours 59 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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Fear not the "Glenstrata" giant, say coal customers

a shared story    11 hours 59 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.  




US pledges to work with Europe on tax evaders

a shared story    12 hours 59 minutes ago
WASHINGTON (AP) -- The United States and five European nations are pledging to crack down on global tax evaders.... 




Time Warner quarterly profit beats forecasts

a shared story    13 hours 59 minutes ago
(Reuters) - Time Warner Inc posted better-than-expected quarterly profit helped by its cable networks and the last installment of its Harry Potter movie franchise.  



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