Sept 17- Oil and gas producer Samson Resources Corp filed for Chapter 11 bankruptcy protection on Wednesday to carry out a debt-cutting plan reached with key lenders, who will assume control of the company. The company, owned by private-equity firm KKR& Co, listed assets and liabilities of more than $1 billion in its bankruptcy filing. The plan must be approved by...
NEW YORK, Aug 2- Shareholders in the AdvisorShares Peritus High Yield ETF who sold in late 2014 are probably not the last to pay up for liquidity risk, a growing hazard for some fixed-income investors bracing for the first Federal Reserve interest rate hike in nearly a decade. Fixed-income high yield ETFs have grown to $37 billion in assets, up from about $10...
June 9- Boomerang Tube LLC, a maker of pipes and tubes for oil and natural gas companies, filed for Chapter 11 bankruptcy protection on Tuesday, becoming the latest victim of the slide in oil prices. St. Louis, Missouri- based Boomerang Tube, which was bought by Access Tubulars LLC in 2008, said it had total assets of about $299 million and total liabilities of about...
KUALA LUMPUR, May 18- Tokyo Gas Co Ltd, Japan's biggest gas utility, is looking to invest in more U.S. shale gas production as a hedge to liquefied natural gas imports from the United States to start next year, a company executive said on Monday. The company has inked contracts to buy 1.9 million tonnes per year of LNG from U.S. producers and aims to invest in an equal...
May 12- Patriot Coal Corp filed for bankruptcy protection on Tuesday, just 18 months after emerging from its previous Chapter 11, and said it was in negotiations with a potential buyer. The company listed assets and liabilities of more than $1 billion in its bankruptcy petition, which it filed in the U.S. Bankruptcy Court in the Eastern District of Virginia.
NEW YORK, May 11- The rebound in oil prices since mid-March is paying off for holders of corporate bonds of energy companies, and investors are confident that they will outperform Treasuries this year, despite lingering risks. "Treasuries are significantly overpriced in the current market while energy bonds are cheap," said Kevin Dachille, institutional...
WILMINGTON, Del, April 14- The number of bankruptcies among publicly traded U.S. companies has climbed to the highest first-quarter level for five years, according to a Reuters analysis of data from research firm bankruptcompanynews.com. The $34 billion in assets held by the 26 companies is the second highest for a first quarter in the past decade.
Quicksilver Resources and its U.S. units filed for Chapter 11 bankruptcy protection, adding to a list of oil and gas producers who have folded.
Check out the companies making headlines after the bell Tuesday: Oracle, Adobe, Quicksilver & more.
Chatter the Federal Reserve may stop its taper program is premature. It would have to believe the U.S. economy is undeniably slowing.
FORT WORTH, Texas-- Shares of Quicksilver Resources Inc. tumbled Tuesday after the natural gas producer posted a $651.8 million third-quarter loss, hurt by one-time charges and a drop in natural gas prices.
One analyst for TheStreet.com take a closer look at several stocks under $10 that were making large moves to the upside on Thursday.
NEW YORK, Oct 1- Small cap stocks rallied on Monday as a surprise expansion in the U.S. manufacturing sector quieted concerns about economic growth at a time when central banks are seen continuing to support markets. The ISM number suggests that things are not that bad, "said Adam Sarhan, chief executive officer at Sarhan Capital in New York."
Shares of the following companies are showing unusual moves in Wednesday's trading session.
With the recent run-up in oil prices, have some of the energy names gone too high?
Cramer makes the call on viewers' favorite stocks.
Here's why you should keep a close eye on these six stocks.
Stocks open slightly up despite a disappointing September industrial production report. Last month’s decline was the first decline in 15 months. The poor data sent the dollar to its lows of the sessions.
Stocks closed mixed as technology companies pulled the Nasdaq and Dow higher, although investors didn't have enough conviction in the future of the economy to break out of a tight trading range. HP and Cisco rose, while Alcoa fell.
Stocks remained mixed Thursday ahead of the close as technology stocks pulled the Nasdaq higher and lifted the Dow, although Wall Street largely remained locked in a tight trading range. HP and Cisco rose, while Alcoa fell.