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Metropolitan areas in Texas saw the fastest economic growth as the recovery took hold in 2011, according to federal data released Friday.
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LONDON/ SINGAPORE, April 1- Brent crude eased below $110 a barrel on Monday after Chinese manufacturing data missed market expectations, signalling the potential for slower demand growth in the world's second-largest oil consumer.
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NEW YORK-- Schlumberger Ltd., the world's biggest oilfield service company, said it is working out a new payment agreement with PDVSA, Venezuela's state-owned oil and gas company. Kibsgaard made the remarks at a speech at the Howard Well Conference in New Orleans, a transcription of which was filed with the Securities and Exchange Commission on March 18.
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*Most European markets closed for Easter Monday. NEW YORK, April 1- U.S. equities traded lower and oil prices were mixed on Monday after surveys showed U.S. and Chinese manufacturing in March expanded less than economists had expected. Major European markets were closed for Easter Monday while several exchanges were shut in Asia, reducing trading activity.
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*U.S., China factory data; weaker supply-demand disappoints. *Cyprus bailout still a threat as Europe closed for Easter. NEW YORK, April 1- Grains and metals markets extended their tumble into the second quarter, with corn and copper hitting nine-month lows on Monday amid weaker supply-demand fundamentals and disappointing U.S. and Chinese manufacturing data.
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SINGAPORE, April 1- Brent crude eased under $110 a barrel on Monday after Chinese manufacturing data missed market expectations, signalling possibly slower demand growth in the world's second-largest oil consumer.
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NEW YORK, April 1- Brent crude rose in choppy trading on Monday as a weaker dollar provided support, while U.S. crude prices fell as a pipeline leak in Arkansas threatened to increase the glut of oil in the U.S.
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SINGAPORE, April 1- Brent crude eased under $110 a barrel on Monday after Chinese manufacturing data missed market expectations, signalling possibly slower oil demand growth in the world's second-largest consumer.
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HOUSTON, March 31- Exxon Mobil Corp said on Sunday that crews at the scene of its crude oil pipeline spill in Arkansas had yet to excavate the area of the breach to determine the cause. "I can't speculate on when that will happen," Exxon spokesman Alan Jeffers said. "
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Chesapeake Energy's search for a new chief executive to replace Aubrey McClendon may take longer than expected, a source told Reuters on Friday.
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HOUSTON-- Phillips 66 Partners LP, a subsidiary of Phillips 66, said Thursday that it filed for an initial public offering of common units that's expected to raise about $300 million.
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WASHINGTON, March 28- Employment improved and housing prices rose in most major U.S. metropolitan areas in the final quarter of 2012, but output sputtered, according to a report released on Thursday by the Brookings Institution. Six of those areas were in Texas: Austin, Dallas, El Paso, Houston, McAllen and San Antonio.
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BLOOMFIELD HILLS, Mich.-- Industrial parts maker TriMas Corp. said Wednesday that it has acquired Wulfrun, a maker of bolts, nuts and screws, for about $9.6 million to help grow its Lamons energy business in Europe. TriMas' Lamons unit, which is headquartered in Houston, supplies gaskets, fasteners and bolts to the petroleum industry.
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HOUSTON-- Halliburton has named José C. Grubisich as a board member, the oilfield services company said Wednesday. His appointment took effect last week and he will stand election at Halliburton Co.' s annual shareholders meeting in May. With the addition of Grubisich, Halliburton's board now has 12 members.
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NEW YORK-- An analyst raised his rating for Mattress Firm on Wednesday, pleased in part that the company is going to focus on absorbing recent acquisitions. Late Tuesday, Mattress Firm Holding Corp. reported that its fourth-quarter net income fell to 22 cents per share from 56 cents a year earlier, as it dealt with costs for a recent acquisition.
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NEW YORK-- Shares of Mattress companies rose Wednesday on investor optimism about Mattress Firm Holding Corp.' s prospects for the current year. Mattress Firm on Tuesday reported a steep drop in fourth-quarter net income, but forecast solid result for fiscal 2013, helped by newly acquired stores.
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HOUSTON-- Mattress Firm Holding Corp. reported Tuesday that its fourth-quarter net income fell sharply on costs for a recent acquisition, but it forecast a solid year ahead with help from the newly acquired stores. The company is in the process of rebranding the 27 former Mattress Source stores owned by the company as Mattress Firm stores.
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"The economy continues to expand in the first quarter, but we do have a drag from the sequester," Gus Faucher, senior economist at PNC Financial Services Group in Pittsburgh, said.
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*NASA hired two firms to fly cargo to space station. CAPE CANAVERAL, Fla. March 26- A Space Exploration Technologies' Dragon cargo capsule splashed down in the Pacific Ocean on Tuesday, bringing back science experiments and gear from the International Space Station.
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AUSTIN, Texas-- The Texas Senate has approved new rules to help small brewers expand. Current laws prohibit pubs like Freetail of San Antonio from packaging their beer for retail stores. Arnold's of Houston from selling beer to tour visitors.
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Ratra joins from Gulf Investment Corp, Kuwait, where he was the head of Global Market Group. The wealth management business of BNY Mellon on Monday appointed McBee Butcher Jr. as senior portfolio officer in the wealth manager's Philadelphia office.