Monthly Archives: September 2010

Credit Markets: Corporate debt binge accelerates as yields dive

By | Published: September 30, 2010
Companies are accelerating their issuance of debt, driven by investor hunger for bonds and the lowest yields since at least the early 1990s. Read the original post by MarketWatch
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Six international freight forwarding companies guilty of price-fixing.

By | Published: September 30, 2010
Six international freight forwarders have agreed to plead guilty and to pay criminal fines totaling $50.27 million for their roles in several conspiracies to fix a variety of fees and charges in connection with the provision of freight forwarding services for international air cargo shipments, the Department of Justice announced today. Read the original post by [...]
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Interior Dept. Sets New Offshore Drilling Rules

By | Published: September 30, 2010
The Obama administration on Thursday imposed new rules to make offshore drilling safer, but said it was not yet ready to lift a temporary ban on deepwater drilling. Read the original post by Click2Houston
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Hawaii’s green energy efforts get funding

By | Published: September 30, 2010
Five green-technology companies have been awarded a total of $2.1 million from the U.S. Department of Energy to develop “game-changing” technologies designed to aid Hawaii’s transition to clean energy. Read the original post by Array
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Continental cuts labor deal with flight attendants

By | Published: September 30, 2010
Continental Airlines says it has a labor-contract deal with its flight attendants just ahead of combining with United Airlines to form the world’s biggest airline. Read the original post by Daily Herald
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IRS issues Chinese drywall guidance

By | Published: September 30, 2010
The Internal Revenue Service has issued guidance for homeowners who want to claim losses as a result of having defective Chinese drywall installed in their homes between 2001 and 2009. Read the original post by Array
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Avista to increase natural gas rates

By | Published: September 30, 2010
Avista Corp. on Thursday said it has filed a request with state regulators to increase natural gas rates for its Oregon customers by 5.6 percent. (AVA) Read the original post by Array
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Gas prices beginning to stabilize in San Antonio

By | Published: September 30, 2010
San Antonio drivers can expect to pay a little less for gas this weekend. (ENB) Read the original post by Array
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200,000 BMW, Rolls-Royce cars recalled

By | Published: September 30, 2010
BMW of North America announced Thursday that is preparing to recall 198,000 BMW and Rolls-Royce cars because a leak can develop in their power brake systems. Read the original post by Nicholas
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Horizon stock up, Goodrich down

By | Published: September 30, 2010
Charlotte-area stocks rose and fell about evenly Thursday, with Horizon Lines Inc.’s shares gaining 1.9 percent in value but Goodrich Corp.’s shares dropping 1.14 percent. (HRZ) (GR) (FDO) (LOW) (SPW) (TRK) (WFC) (BAC) (NUE) (RDK) (PNY) (DUK) (LNCE) (CATO) Read the original post by Array
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EV Energy completes Petrohawk buy

By | Published: September 30, 2010
EV Energy Partners has closed on its acquisition of several oil and gas properties from Petrohawk Energy Corp. in the mid-continent region. (HK) Read the original post by Array
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Pa. DEP chief announces Dimock gas migration fix

By | Published: September 30, 2010
Pennsylvania’s top environmental regulator says the state will sue a Houston-based drilling company unless it agrees to pay nearly $12 million to extend a public water line to at least 18 residents whose water wells have been contaminated with methane gas. Read the original post by WFMJ-TV Youngstown
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Pennsylvania threatens to sue Cabot

By | Published: September 30, 2010
The State of Pennsylvania plans to sue Cabot Oil & Gas Corp. unless it aided several residents of Dimrock, Penn., following allegations the company contaminated their drinking water, the Associated Press reported Thursday. (COG) Read the original post by Array
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Progress Energy warns of scam phone calls

By | Published: September 30, 2010
If someone claiming to be with Progress Energy (NYSE: PGN) is calling you about your account and asking for your credit card information, chances are good it’s a scam. (PGN) Read the original post by Array
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IdaTech loses $13.5 million

By | Published: September 30, 2010
IdaTech LLC lost $13.5 million in the first half of 2010, compared to a $13.1 million loss a year ago, according to its six-month financial update. Read the original post by Array
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