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North Dakota

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  • *Google up as CFO to move from Morgan Stanley. The Nasdaq outperformed other major indexes, boosted by a 2.6 percent gain in Google shares to $579.94. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • US STOCKS-Wall St little changed; Google boosts Nasdaq Tuesday, 24 Mar 2015 | 10:52 AM ET

    *Google up 2 pct as CFO to move in from Morgan Stanley. The Nasdaq outperformed other major indexes, boosted by a 2 percent gain in Google shares. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • *Google up 1 pct as CFO to move in from Morgan Stanley. *Whiting Petroleum shares tumble after share, note offering. Traders are "focusing on the effect on the dollar" after recent data, said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

  • US STOCKS-Futures tick up ahead of data Tuesday, 24 Mar 2015 | 7:34 AM ET

    *Whiting Petroleum shares tumble after share, note offering. Shortly after the opening bell on Wall Street, Markit's preliminary gauge of factory activity this month is due. *Whiting Petroleum Corp fell 13 percent in premarket trading after North Dakota's largest oil producer announced an offering of 35 million shares and a $1.75 billion mix of notes and...

  • WILLISTON, N.D., March 23- Whiting Petroleum Corp, the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help pare debt from its December buyout of rival Kodiak Oil& Gas. In offering stock, Whiting follows the path of fellow North Dakota producer Oasis Petroleum Inc, which last month said it would issue 25 million...

  • WILLISTON, N.D., March 23- Whiting Petroleum Corp, the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help cull its $5.63 billion debt load. JPMorgan is running the company's stock offering. Shares of Whiting fell 9 percent to $34.88 in after-hours trading after the offering was announced.

  • NEW YORK, March 23- Volunteers at the Galena, Illinois, fire department were hosing down the smoldering wreck of a derailed BNSF oil train on the east bank of the Mississippi River on March 5 when a fire suddenly flared beyond their control. "They dropped the hoses and got out" when the flames started rising, said Charles Pedersen, emergency manager for Jo Daviess...

  • LONDON, March 23- Hedge funds have turned super-bearish about U.S. oil prices as concerns about running out of storage trump the drop in the number of rigs drilling new wells. Money managers had amassed a record number of short positions in futures and options contracts linked to WTI by the end of March 17, equivalent to 209 million barrels of oil, according to the...

  • Canadian oil sands woes reach far-flung eastern shores Thursday, 19 Mar 2015 | 1:00 AM ET

    Cape Breton is another example how the 60 percent slide in oil prices since last June has rippled far and wide, affecting property markets in Alberta and North Dakota, helicopter sales in Houston, the Canadian dollar and national interest rates. Many young workers head to Fort McMurray in northern Alberta, lured by big paychecks awaiting at oil sands projects...

  • March 18- Target Corp next month will raise the minimum wage for all of its workers to $9 an hour, matching moves made by rivals including Wal-Mart Stores Inc and TJX Cos, a source familiar with the matter said. The clearest sign of the changing labor landscape came last month when Wal-Mart said it would move to the $9 minimum in April. A week after Wal-Mart's...

  • HOUSTON/ WILLISTON, N.D., March 18- With the prospect of another plunge in crude prices looming after two months of stability, U.S. shale oil producers may face another round of spending cuts to conserve cash and survive the downturn. "If I were an oil company today, I would talk about one thing: how far can you cut costs," said Fadel Gheit, an oil analyst at Oppenheimer in New...

  • This signals more oilfield mergers may be coming Monday, 16 Mar 2015 | 2:55 PM ET
    Pumpjacks operate at an oil well in Williston, North Dakota.

    Exploration and production firms have issued nearly $9 billion in stock this year, well above recent first-quarter totals.

  • WASHINGTON, March 13- Rail operators are going to great lengths to prevent oil train derailments but the energy sector must do more to prevent accidents from becoming fiery disasters, the leading U.S. rail regulator said on Friday. Several of those shipments originated from North Dakota's Bakken energy fields. Sarah Feinberg, acting head of the Federal...

  • WASHINGTON, March 13- Rail operators are going to great lengths to prevent oil train derailments but the energy sector must do more to prevent accidents from becoming fiery disasters, the leading U.S. rail regulator said on Friday. Those shipments all originated from North Dakota's Bakken energy fields. Sarah Feinberg, acting head of the Federal Railroad...

  • SEOUL, March 13- U.S. crude futures held above $47 a barrel on Friday, as a tentative deal was reached to end the largest U.S. refinery strike in 35 years, and a softer U.S. dollar made dollar-denominated crude cheaper for other currency holders. *U.S. crude gained 1 cent at $47.06 a barrel as of 0018 GMT after it settled down $1.12, or 2.3 percent, at $47.05 a barrel on the...

  • WILLISTON, N.D., March 12- Halliburton Co, Schlumberger NV and other large energy companies were conspicuously absent from a major North Dakota job fair this week, a telling sign as employers in the No. 2 U.S. oil-producing state grapple with sliding crude prices. "When a well is out, you still have to service it," said Cindy Sanford of Job Service North Dakota, which...

  • NEW YORK, March 11- Stung by customer backlash over last winter's patchy service, Berkshire Hathaway's BNSF Railways invested billions in shoring up its operations. "BNSF disappointed many of its customers," Berkshire Hathaway CEO Warren Buffett said in a letter to shareholders last month about last year's performance of one of North America's top railroads.

  • NEW YORK, March 10- The U.S. Energy Information Administration revised upward its 2015 domestic oil production outlook, but lowered its 2016 forecast because it expects the slump in global prices to weigh on the country's shale boom next year. An EIA spokesman said the revision is due to an increase in baseline expectations for the fourth quarter and to...

  • March 8- Firefighters on Sunday were still working to extinguish the last of a series of fires that erupted when a BNSF Railway train loaded with crude oil derailed two days ago in a rural area south of Galena, Illinois, a local official said. Nobody was injured in the fiery Thursday wreck, in which 21 cars of a 105- car BNSF train that originated in North Dakota...

  • March 7- Firefighters were still working on Saturday to extinguish several blazes that erupted when a BNSF Railway train loaded with crude oil derailed two days ago in a rural area of northwestern Illinois, a local official said. Nobody was injured in Thursday's fiery wreck, in which 21 cars of a 105- car train that originated in North Dakota derailed on the...