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US Futures Pare Losses, but Trend Still Down

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  • *Doubts on China recovery pace weighing on sentiment. SINGAPORE, May 10- Brent oil edged down on Friday, trading in a tight range above $104 a barrel as stronger signs of a U.S. recovery and persistent doubts over the Chinese economy gave mixed signals about demand from the world's top two consumers.

  • Brent slips, but stays above $104 as US data supports Thursday, 9 May 2013 | 10:56 PM ET

    *Doubts on China recovery pace weighing on sentiment. SINGAPORE, May 10- Brent oil edged down on Friday, trading in a tight range above $104 a barrel as stronger signs of U.S. recovery against persistent doubts over the Chinese economy sent mixed signals about demand from the world's top two consumers.

  • Skilling restitution to go to Enron victims' fund Thursday, 9 May 2013 | 7:24 PM ET

    NEW YORK, May 9- The more than $40 million that will go to Enron victims under a sentencing agreement with Jeffrey Skilling this week will be used to revive a depleted victims' fund, a Justice Department official said.

  • AT&T launches new brand Aio for prepaid phone service Thursday, 9 May 2013 | 11:50 AM ET

    NEW YORK, May 8- AT&T Inc has set up a subsidiary to offer prepaid wireless services under the Aio Wireless brand, as the No. 2 U.S. mobile service provider looks to compete better with smaller rivals such as T-Mobile US Inc and Sprint Nextel Corp, the company said on Thursday.

  • May 8- Jeffrey Skilling, the former Enron Corp chief executive, could be freed from prison nearly a decade sooner than originally expected, under an agreement with federal prosecutors to end the last major legal battle over one of the biggest corporate frauds in U.S. history.

  • LONDON/ HOUSTON, May 8- Royal Dutch/Shell said on Wednesday it will go ahead with the world's deepest offshore oil and gas production project, pushing the boundaries of technology to produce from nearly 2 miles down in the Gulf of Mexico.

  • May 8- Jeffrey Skilling, the former chief executive of Enron Corp, has reached an agreement with federal prosecutors that could shorten his 24- year prison term in connection with the collapse of the energy company.

  • Former Enron CEO Skilling to have prison term shortened Wednesday, 8 May 2013 | 2:25 PM ET

    May 8- Jeffrey Skilling, the former Enron Corp chief executive, has reached an agreement with federal prosecutors that could result in his 24- year prison term over the energy company's spectacular collapse being shortened by roughly a decade.

  • May 8- A federal judge on Wednesday ruled in favor of Chesapeake Energy Corp in a dispute with Bank of New York Mellon Corp over the natural gas company's effort to buy back $1.3 billion of notes early.

  • HOUSTON, May 7- Exxon Mobil Corp said on Tuesday it is starting a $4 billion project to develop the Julia oilfield in the Gulf of Mexico. The field is estimated to hold an estimated 6 billion barrels of oil and comprises five leases in the ultra-deepwater Walker Ridge area of the Gulf of Mexico. BP Plc, Chevron Corp, Royal Dutch Shell Plc.

  • May 7- Marathon Oil Corp said on Tuesday its quarterly profit fell from a year earlier, as lower prices for crude oil weighed and the company wrote down the value of some oil and gas properties. Houston based Marathon reported a profit of $383 million, or 54 cents per share, compared with $417 million, or 59 cents per share in the same quarter a year earlier.

  • May 7- Marathon Oil Corp said on Tuesday its quarterly profit fell from a year earlier, as lower prices for crude oil weighed and the company wrote down the value of some oil and gas properties. Houston based Marathon reported a profit of $383 million, or 54 cents per share, compared with $417 million, or 59 cents per share in the same quarter a year earlier.

  • SYDNEY, May 7- BHP Billiton has halted work at some construction sites at its operations in the Eagle Ford shale in the United States as it investigates the death of a contractor at the site, it said on Tuesday. A contractor was fatally injured on Monday while working at a site in Karnes County, the company said. Karnes County is about 200 miles west of Houston.

  • SYDNEY, May 7- BHP Billiton has halted work at some construction sites at its operations in the Eagle Ford shale in the United States as it investigates the death of a contractor at the site, it said on Tuesday. A contractor was fatally injured on May 6 while working at the site in the state of Texas, BHP said in a statement.

  • HOUSTON, May 7- Plains All American Pipeline LP's. proposed Cactus pipeline would move both sweet and sour crude from the Permian Basin in West Texas to the Corpus Christi and Three Rivers markets in South Texas, Chief Executive Greg Armstrong told analysts on Tuesday.

  • HOUSTON, May 7- Plains All American Pipeline LP's. proposed Cactus pipeline would move both sweet and sour crude from the Permian Basin in West Texas to the Corpus Christi and Three Rivers markets in South Texas, Chief Executive Greg Armstrong told analysts on Tuesday.

  • HOUSTON, May 7- Plains All American Pipeline LP's. proposed Cactus pipeline would move both sweet and sour crude from the Permian Basin in West Texas to the Corpus Christi and Three Rivers markets in South Texas, Chief Executive Greg Armstrong told analysts on Tuesday.

  • MOVES-American Express, Castle Trust, Stifel Nicolaus Tuesday, 7 May 2013 | 10:22 AM ET

    Wyles joins Castle Trust from Nationwide Building Society, where he served as a main board director from 2007.. Two former Raymond James Financial Inc branch managers based in Austin, Texas have moved to rival firms Stifel, Nicolaus& Co and LPL Financial LLC.

  • DIARY-Federal Reserve Events Tuesday, 7 May 2013 | 9:21 AM ET

    TO HAVE EVENTS INCLUDED, PLEASE CONTACT THE WASHINGTON NEWSROOM AT 202-898-8370/ 202-898-8318, OR BY FAX AT 202-898-8383 OR 202-842-2527. THIS DIARY IS FILED DAILY. ***Denotes a new entry.-------------------------------------------------------- FOMC MEETING DATES: 2013.

  • Wyles joins Castle Trust from Nationwide Building Society, where he served as a main board director from 2007.. AMERICAN EXPRESS The credit card company said Chief Financial Officer Dan Henry has resigned. Roy Sparkman joined James E. Bashaw& Co, a Houston- based independent financial services firm registered with LPL Financial.