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  • Dec 9- Spirit AeroSystems Holdings Inc, an aircraft parts maker, said it will pay rival supplier Triumph Group Inc $160 million to take over its wings contract for two Gulfstream business jets. Triumph, based in Berwyn, Pennsylvania, said the deal would immediately add to its earnings and boost annual revenue by $250 million. Gulfstream, a unit of General Dynamics...

  • Dec 9- Aircraft fuselage maker Spirit AeroSystems Holdings Inc said it would pay aero parts supplier Triumph Group Inc $160 million to take its business that makes wings for two Gulfstream jets. Spirit will incur a loss of $1.45- $1.65 per share on the transaction, which is expected to close this year, the company said. Spirit put its Tulsa, Oklahoma operations,...

  • Religious nonprofits challenge health law Monday, 8 Dec 2014 | 6:17 AM ET

    Plaintiffs including a group of Colorado nuns and four Christian colleges in Oklahoma argued in the 10th U.S. Circuit Court of Appeals in Denver that a federal exemption for groups that oppose contraceptives, including the morning-after pill, violates their beliefs. "It is morally problematic" to sign the forms, argued Greg Baylor, lawyer for Southern Nazarene...

  • ALBANY, N.Y.— The developer of a $750 million natural gas pipeline from Pennsylvania into New York has threatened to seize land from reluctant landowners through eminent domain. Lawyer Daniel Estrin of the White Plains- based Pace Environmental Litigation Clinic said the letter is meant to "bully landowners... into waiving their property rights."

  • *Saudi Arabia sees price floor of around $60- WSJ. LONDON, Dec 4- Brent crude oil steadied around $70 a barrel on Thursday as investors searched for a stable price range after a near 40 percent fall since June. "If you look at what has happened in the last few days, we seem to be sitting around $70 a barrel," said Olivier Jakob, oil analyst at Petromatrix in Zug, Switzerland.

  • SINGAPORE, Dec 4- Brent crude rose above $70 a barrel on Thursday, gaining nearly a percent along with U.S. futures as a fall in crude stockpiles in the United States supported prices. The contract settled below $70 on Wednesday after a report suggested Saudi Arabia expected still lower prices for oil. Many analysts expect prices to head still lower after recent...

  • Brent nudges up above $70 ahead of U.S. data Wednesday, 3 Dec 2014 | 9:42 PM ET

    SINGAPORE, Dec 4- Brent crude rose above $70 a barrel on Thursday, making small gains along with U.S. futures, as a fall in crude stockpiles in the United States supported prices. Analysts expect prices to head lower despite recent steep falls as U.S. shale oil production growth stays strong while OPEC has decided not to cut supply, preferring to protect market share.

  • SINGAPORE, Dec 4- U.S. crude futures extended gains towards $68 a barrel on Thursday, buoyed by positive inventory data. *U.S. crude futures had risen 31 cents to $67.69 a barrel by 0010 GMT, after a 50- cent gain in the previous session. *The euro staggered at two-year lows early on Thursday, finding few friends in a market that is wagering the European Central Bank will...

  • *OPEC oil supply falls 340,000 bpd in Nov due to Libya- survey. "There has been a technical bounce back from the very strong declines that we have seen in the lead-up to and after the OPEC meeting," said Harry Tchilinguirian, an oil analyst at BNP Paribas in London. Brent for delivery in January was up 46 cents at $71 a barrel by 1450 GMT after falling by $2 on Tuesday on a...

  • *OPEC oil supply falls 340,000 bpd in Nov due to Libya- survey. Brent hit a five-year low below $68 a barrel on Monday after averaging around $110 a barrel in 2011 to 2013. "There has been a technical bounce back from the very strong declines that we have seen in the lead-up to and after the OPEC meeting," said Harry Tchilinguirian, an oil analyst at BNP Paribas in London.

  • *OPEC oil supply falls 340,000 bpd in Nov due to Libya- survey. Brent for delivery in January rose 62 cents to $71.16 a barrel by 0839 GMT after falling $2 on Tuesday. U.S. crude for January delivery was at $67.54 a barrel, off the day's high of $67.97, but up 66 cents from the previous session when prices dropped more than $2.

  • Cramer Remix: The best stocks to own now Tuesday, 2 Dec 2014 | 7:07 PM ET

    It’s this stock, and its partner in crime, that "Mad Money" host Jim Cramer believes are heading higher.

  • SINGAPORE, Dec 3- U.S. crude futures gained more than one percent on Wednesday, rising close to $68 a barrel, after industry data showed a larger than expected drop in crude oil inventories in the United States. *OPEC's oil supply in November fell by 340,000 barrels per day as a recovery in Libya faltered, a Reuters survey found, although a lack of deliberate cutbacks...

  • T Boone Pickens tells Cramer: $100 oil will return Tuesday, 2 Dec 2014 | 6:24 PM ET
    T. Boone Pickens, chief executive officer of BP Capital Management

    As oil prices fall fast, Jim Cramer turned to T Boone Pickens for his expert opinion on where energy could be headed.

  • *OPEC should "monitor the market carefully"- Iran. LONDON, Nov 26- Brent crude oil dropped towards $77 per barrel on Wednesday after comments by Iran's oil minister added weight to the view OPEC was unlikely to push for a major change in output. Oil ministers from the Organization of the Petroleum Exporting Countries meet on Thursday in Vienna.

  • NEW YORK, Nov 25- A divided federal appeals court said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early at a favorable price, saying the second-largest U.S. natural gas company waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals in New York reversed a May 2013 ruling by U.S.

  • UPDATE 1-Chesapeake Energy loses in bond dispute appeal Tuesday, 25 Nov 2014 | 12:05 PM ET

    NEW YORK, Nov 25- A divided federal appeals court said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early at a favorable price, saying the second-largest U.S. natural gas company waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals in New York reversed a May 2013 ruling by U.S.

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE, Nov 14- Brent crude held near a four-year low just above $77 a barrel on Friday amid concerns over excess supply and uncertainty over whether OPEC would cut output at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the Nov. 27 OPEC meeting," said Mark...

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE Nov 14- Brent crude held near a four-year low below $78 a barrel on Friday amid concerns over excess supply and uncertainty over whether OPEC would cut output at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the Nov. 27 OPEC meeting," said Mark Keenan,...

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE Nov 14- Brent crude edged above $78 a barrel on Friday but remained close to a four-year low because of concern over excess supply and uncertainty over whether oil cartel OPEC would cut production at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the...