Chesapeake Energy Corp
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Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
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Chesapeake Energy's search for a new chief executive to replace Aubrey McClendon may take longer than expected, a source told Reuters on Friday.
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*Cyprus reopens banks under tight restrictions. NEW YORK, March 28- The S&P 500 index hit resistance again on Thursday near its record closing high, unable to break through that milestone for the 14th session. Less and less money is being run on fundamentals, "said Jack DeGan, chief investment officer of Harbor Advisory.
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*Cyprus reopens banks under tight restrictions. NEW YORK, March 28- Wall Street was set for a flat open on Thursday after data showed initial jobless claims rose more than expected last week and the U.S. economy expanded at a sluggish pace in the fourth quarter. "We've been in a pause phase for past 10 sessions or so, mainly because of the Cyprus wild card.
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*Cyprus reopens banks under tight restrictions. NEW YORK, March 28- U.S. stock index futures edged up on Thursday and were set to close out a strong quarter, as investors shifted focus from Cyprus to data about the U.S. economy, which has been showing slow, steady improvement.
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NEW YORK, March 28- U.S. stock index futures edged up on Thursday and were set to close out a strong quarter, as investors shifted focus from developments in the euro zone and Cyprus to the U.S. economy, which is expected show continued improvements.
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NEW YORK, March 25- Hedge fund investors challenging Chesapeake Energy Corp's plan to redeem $1.3 billion of notes without paying a $400 million make-whole payment have asked to withdraw from a lawsuit over the matter, allowing a bond trustee to argue on their behalf, according to court papers filed on Monday.
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NEW YORK, March 25- Shares of Gulfport Energy were in free fall last spring, dropping 55 percent in four months, until the oil and gas producer announced it had drilled its first three wells in the Utica shale formation in Ohio.
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*Aurelius says unit's directors shortchanged creditors. Aurelius accused Energy Future Chief Executive John Young and the other directors of showing a "demonstrated indifference" to creditors stemming in part from conflicts of interest, and said these directors should pay the interest owed.
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*Aurelius says unit's directors shortchanged creditors. Aurelius accused Energy Future Chief Executive John Young and the other directors of showing a "demonstrated indifference" to creditors stemming in part from conflicts of interest, and said these directors should pay the interest owed.
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*Bondholders, trustee BNY Mellon oppose redemption. District Judge Paul Engelmayer in Manhattan to force bond trustee Bank of New York Mellon Corp to accept the plan. Bank of New York Mellon and investors holding $250 million of the notes oppose the proposed redemption, saying Chesapeake acted too late.
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*Bondholders, trustee BNY Mellon opposed redemption. NEW YORK, March 14- Chesapeake Energy Corp on Thursday failed to win a court order allowing it to redeem $1.3 billion of notes early at a favorable price, a setback for the second-largest U.S. natural gas company as it tries to close a potential $4 billion cash shortfall this year.
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*Bondholders, trustee BNY Mellon opposed redemption. NEW YORK, March 14- Chesapeake Energy Corp on Thursday failed to win a court order allowing it to redeem $1.3 billion of notes early at a favorable price, a setback for the second-largest U.S. natural gas company as it tries to close a potential $4 billion cash shortfall this year.
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One of China's largest private companies is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.
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Cramer likes this rally because it's led by companies representing real commerce instead of "nightmare" inflation stocks.
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*Board to review land deals by CEO Tom Ward. *Board to decide Ward's fate by June 30. March 13- SandRidge Energy Inc and activist hedge fund TPG-Axon Capital struck a deal on Wednesday that could lead to the removal of the oil and gas company's chief executive, Tom Ward, SandRidge said.
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LOS ANGELES, March 14- ENN Group Co Ltd, one of China's largest private companies, is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.
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*Trustee Bank of NY Mellon also opposes Chesapeake. March 12- A group of Chesapeake Energy Corp noteholders on Tuesday challenged the company's authority to redeem $1.3 billion of notes, saying the plan was improper and would shortchange them.
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March 12- A group of Chesapeake Energy Corp noteholders on Tuesday challenged the company's authority to redeem $1.3 billion of notes, saying the plan was improper and would shortchange them.
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An explosion of new regulations and "unprecedented" uncertainty in DC will keep the US from achieving its "full growth potential," GE CEO Jeff Immelt said.
