Among the stock activity stories for Tuesday, May 14, from AP Business News:. _ Shares of Velti PLC fell after the mobile marketing company posted a smaller-than-expected quarterly loss, but issued a weak revenue prediction for the current period.
NEW YORK-- WPX Energy Inc. shares continued to rise Tuesday, hitting their highest price in more than a year, after regulators ruled that the natural gas driller wasn't responsible for water contamination in Pennsylvania.
May 13- Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
WASHINGTON, May 7- The Obama administration's second attempt at writing regulations for hydraulic fracturing on public lands is not intended to appease either environmentalists or oil and gas drillers, Interior Secretary Sally Jewell said on Tuesday.
Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.