West Virginia


  • US rig count down 12 to 1,918 Friday, 17 Oct 2014 | 2:27 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 12 this week to 1,918.. Oklahoma decreased by seven rigs, New Mexico was down four, Alaska was off two and Arkansas, California and North Dakota each dropped one. Colorado, Kansas, Louisiana, Ohio, Pennsylvania and Utah were unchanged.

  • *Southwestern to buy assets in Marcellus and Utica shale fields. Oct 16- Southwestern Energy Co said it would buy some oil and gas assets in the Marcellus and Utica shale fields in West Virginia and Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The deal is positive for Chesapeake and other Utica and Marcellus shale players as it marks the...

  • *Netflix tumbles after quarterly results. NEW YORK, Oct 16- The S&P 500 and Nasdaq eked out slight gains after another choppy session on Thursday as economic data eased fears about the potential effect of a weakening global economy on the United States. Providing some support to the market, St. Louis Federal Reserve Bank President James Bullard told Bloomberg...

  • Netflix and Baker Hughes are big market movers Thursday, 16 Oct 2014 | 4:26 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Chesapeake Energy Corp., up $3.02 to $20.79. The energy company is selling drilling assets in West Virginia and Pennsylvania to Southwestern Energy Co. for $5.4 billion.

  • Senate task force to aid southern W.Va. coalfields Thursday, 16 Oct 2014 | 11:19 AM ET

    CHARLESTON, W.Va.— Senate President Jeff Kessler is setting up a task force as part of a push to help West Virginia's struggling southern coalfields. The SCORE program is based off the Shaping our Appalachian Region program, which has similar goals for eastern Kentucky's hurting coalfields. Kessler's 13- member Senate task force will look at a variety of ways to...

  • Oct 16- Chesapeake Energy Corp said it would sell some oil and gas assets in Marcellus and Utica shale fields in West Virginia and Pennsylvania to Southwestern Energy Co for about $5.37 billion, sending its shares up 5.8 percent premarket. Southwestern, which already has assets in Fayetteville shale and northeastern Pennsylvania Marcellus, is adding acreage...

  • SW Energy snaps up assets in Marcellus, Utica Thursday, 16 Oct 2014 | 7:43 AM ET

    HOUSTON— Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy. Southwestern said Thursday that by 2017' s end it estimates the reserve mix to be approximately one third each for the Fayetteville, northeast Marcellus and the newly acquired West Virginia and...

  • Oct 16- Oil and gas producer Southwestern Energy Co said it would acquire certain oil and gas assets in Marcellus and Utica shale fields in West Virginia and southwest Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The acquired assets include 256 operated and producing wells and 179 non-operated wells. Average net daily production from...

  • W.Va. unemployment rate holds steady in September Thursday, 16 Oct 2014 | 2:02 AM ET

    CHARLESTON, W.Va.— West Virginia's seasonally adjusted unemployment rate held steady at 6.6 percent in September. WorkForce West Virginia says that rate translates to 52,800 unemployed in the state, up 2,200 from a year ago. Since September 2013, total nonfarm payroll employment has risen by 16,500..

  • Bladex posts 3Q profit Wednesday, 15 Oct 2014 | 8:54 AM ET

    N COSTA DEL ESTE, Panama _ Banco Latinoamericano de Comercio Exterior SA on Wednesday reported net income after dividends on preferred stock of $26.6 million, or 68 cents per share, in its third quarter. n Costa Del Este, Panama, posted revenue of $40.5 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Democratic ads off the air in Kentucky Senate race Wednesday, 15 Oct 2014 | 3:11 AM ET

    FLORENCE, Ky.— The Democratic Senatorial Campaign Committee has stopped running TV ads in Kentucky's U.S. Senate race, a severe blow to Alison Lundergan Grimes in her challenge to Republican leader Mitch McConnell. The committee's decision in Kentucky was in strong contrast to its activities in other states with pivotal Senate races. Democrats continued to...

  • US rig count up 8 to 1,930 Friday, 10 Oct 2014 | 1:56 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 1,930.. Of the major oil- and gas-producing states, New Mexico gained three rigs, Ohio, West Virginia and Wyoming each increased by two and Kansas, Texas and Utah each gained one. North Dakota lost seven rigs,...

  • CHARLESTON, W.Va.— West Virginia attorney general says state will no longer fight challenge to gay marriage ban.

  • Oct 3- A jury award of $73.4 million to a woman who said she was injured by a Boston Scientific Corp transvaginal mesh device has been cut to $34.6 million, thanks to a Texas law that caps how much companies must pay in punitive damages. Last month, jurors in Dallas found Boston Scientific liable for selling a defective Obtryx sling that was implanted in plaintiff...

  • Macy's to hire 86,000 workers for holiday season Monday, 29 Sep 2014 | 8:42 AM ET

    Sept 29- Department store operator Macy's Inc said it planned to hire about 86,000 workers for the holiday shopping season, up from about 83,000 last year.

  • The letter was sent to the heads of the Department of Transportation, the Department of Homeland Security, the Department of Justice and the FCC, and urged a comprehensive review of policy across jurisdictional lines.

  • Manufacturing in Ohio seeing slow, steady growth Saturday, 20 Sep 2014 | 5:42 PM ET

    While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.

  • Aug 20- Departures and primary losses for 28 Republicans in the U.S. House of Representatives have created opportunities for a new wave of conservative and Tea Party- backed candidates. The Republican nominee to replace him is Gary Palmer, a fund raiser for a conservative think tank in Alabama who is backed by the anti-tax group Club for Growth.

  • Aug 7- Cliffs Natural Resources Inc, an iron ore and coal producer, said on Thursday that Lourenco Goncalves, a former steel company executive, was named to run the company after activist investor Casablanca Capital triumphed in a proxy battle.

  • Aug 6- Alpha Natural Resources Inc reported a smaller-than-expected second-quarter loss as the cost of selling coal in eastern United States declined 6 percent from the first quarter.