GO
Loading...

Houston

More

  • NEW YORK, July 18- After more than a year of scaling back in commodities, Morgan Stanley is ready to expand. For example, Morgan Stanley is looking at making more loans to energy producers and sell more commodity-linked products to retail investors, the sources told Reuters. Commodities trading was big for Morgan Stanley before the financial crisis.

  • North Texas storms blamed for rain, travel delays Friday, 18 Jul 2014 | 7:18 AM ET

    The National Weather Service issued a flash flood watch through Friday afternoon for the Dallas-Fort Worth area and points north, including Denton, Gainesville, Sherman and Denison.

  • Schlumberger 2Q profit drops 24 percent Thursday, 17 Jul 2014 | 4:59 PM ET

    HOUSTON— Schlumberger NV on Thursday reported profit that declined by 24 percent in its second quarter, and beat analysts' expectations. The Houston- based company said earnings decreased to $1.6 billion, or $1.21 per share, from $2.1 billion, or $1.57 per share, in the same quarter a year ago.

  • SAN FRANCISCO, July 17- U.S. crude oil jumped by as much as $2 Thursday after a Malaysian airliner crashed over eastern Ukraine on the heels of fresh U.S. sanctions on Russia that had raised geopolitical concerns.

  • *U.S. sanctions on Russia add risk premium to crude. SAN FRANCISCO, July 17 (Reuters)- U.S. crude oil jumped by more than $1 on Thursday after tougher U.S. sanctions on Russia raised geopolitical concerns and the prospect of increased European demand for refined products from the United States.

  • United defends bird kill at Houston airport Wednesday, 16 Jul 2014 | 6:55 PM ET

    DALLAS— United Airlines is defending the poisoning of birds at Houston's biggest airport, saying it was done for health and safety reasons. The bait manufacturer, Avitrol Corp., says a lethal dosage causes birds to show distress— including alarm cries and trembling— that frightens away other birds.

  • Ex-prosecutor asks for pardon in fatal GM crash Wednesday, 16 Jul 2014 | 5:55 PM ET

    HOUSTON— A former Texas prosecutor has asked the state to pardon a woman who pleaded guilty in a 2004 car crash that killed her fiance, saying she now believes the accident was caused by a faulty General Motors ignition switch.

  • HOUSTON, July 16- Plains All American may build new pipelines dedicated solely to a very light form of crude oil known as condensate in parts of the Permian Basin in West Texas as output increases, an executive of the U.S. company said this week.

  • UPDATE 1-U.S. court revives BP retirement-plan lawsuit Tuesday, 15 Jul 2014 | 8:07 PM ET

    July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • Carbo Ceramics Inc, a Houston- based oil services company that is the world's largest producer of tiny ceramic balls that can boost the production of fractured wells, may hold the answer.

  • NEW YORK, July 11- United Continental Holdings Inc said on Friday it would drop its daily flight to Caracas, Venezuela, from Houston, starting in September, joining other U.S. carriers who have cut service over the country's foreign exchange controls.

  • NEW YORK, July 11- United Continental Holdings Inc said on Friday it would drop its daily flight to Caracas, Venezuela, from Houston, starting in September, joining other major U.S. carriers who have reduced service because of problems repatriating their revenue through the country's foreign exchange controls.

  • July 10- Shopping center owner and operator Regency Centers Corp offered to buy AmREIT Inc for about $433 million to expand in Texas and Georgia. AmREIT's shares jumped as much as 14.6 percent to the offer price of $22 before giving up some of the gains, while Regency's stock rose marginally.

  • MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.

  • One week after U.S. authorities confirmed a ruling easing a 40- year ban on shipping lightly processed oil abroad, Enterprise Product Partners has sold its first cargo to a Japanese trading house and was seeking more buyers in Latin America, according to trading sources.

  • June 30- U.S. office vacancy rate remained stagnant at 16.8 percent in the second quarter due to lower demand for new or additional space, real estate research firm Reis Inc said in a report released on Monday. Markets in Houston, San Jose, San Francisco, Dallas, New York, San Diego and Orange County had the strongest rent growth in the quarter, Reis said.

  • *Gold up for second quarter in a row. *Copper notches second monthly gain.

  • NEW YORK, June 30- Brent crude fell toward $112 a barrel on Monday, hitting an 18- day low as did U.S. crude near $105, as investors grew less worried about potential supply disruptions from Iraq.

  • NEW YORK, June 30- Brent crude fell more than $1 on Monday, nearing $112 a barrel while U.S. crude slipped below $105 as investors grew less worried about potential supply disruptions from Iraq. Heavy fighting in the north of Iraq has had little impact on the southern refineries that produce around 90 percent of the OPEC member's oil shipments.