Companies--some of whom delayed offerings--need a good stock market at their back to have a strong IPO.» Read More
RIO DE JANEIRO, April 11- Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday.
RIO DE JANEIRO, April 11- Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation by securities industry watchdog CVM for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms.
RIO DE JANEIRO/ SAO PAULO, April 11- Brazil's security regulator believes that Eike Batista engaged in insider trading, newspaper Valor Economico reported on Friday, the latest blow to the tycoon, a one-time billionaire at the center of the country's largest corporate meltdown.
*Oil firms ask for more standardisation. OSLO, March 26- On a mission to crush costs, global oil firms are rewriting the rule book on how they deal with service companies. "Now is the time of integration, with one service company doing everything with the client from planning the well to building it," Torjer Halle, the chairman of Schlumberger's Norwegian unit said.
Companies selected this year by IHS CERA as "energy pioneers" have big ideas about how to avert energy nightmares and solve sustainability issues.
Analysts and investors who spoke with CNBC suggest investments in infrastructure firms, refiners and less conventional plays.
As political tensions rise, the cooperation between the U.S. and Russia in the energy industry is large and growing, experts at IHS CERAWeek say.
In his book "Get Rich Carefully," CNBC's "Mad Money" host explains how spotting long-term megatrends can help investors surf the wave of profitability.
Will you learn something? Will you make connections? Will they PAY you? See Glassdoor's advice on the best place to secure an internship.
In his new book, "Get Rich Carefully," CNBC's Mad Money host Jim Cramer tells how to find value stocks in hot industry, tech and service sectors.
SAO PAULO, Jan 24- Bankrupt oil producer Ôleo e Gás Participações SA has delayed detailing its restructuring plan to creditors by about a week as it tries to secure up to $200 million in new funding, said two sources familiar with the situation on Friday. Ôleo e Gás, controlled by Brazilian tycoon Eike Batista whose business empire collapsed last year, and its creditors were discussing terms of a potential $200 million debtor-in-possession loan, said the sources.
SAO PAULO, Jan 24- Bankrupt oil producer Ôleo e Gás Participações SA will delay presenting its restructuring plan to creditors, initially scheduled for Friday, two sources familiar with the situation told Reuters. Ôleo e Gás, formerly known as OGX Petróleo e Gas Participações SA, and creditors are discussing terms of a potential $200 million debtor-in-possession loan, said the sources, who declined to be identified because the talks are private.
The world's three largest publicly traded oil field servicing companies trumped analysts' earnings expectations in the final three months of 2013.
CNBC's Morgan Brennan explains how emerging markets helped Schlumberger, Baker Hughes and Halliburton beat fourth-quarter earnings expectations.
It's bad enough to have an earnings miss, but guiding lower before earnings even come out can be a real momentum killer.
Some of the names on the move ahead of the open.
Triple witching expiration, General Electric’s earnings and industrial production could all help shape Friday trading.
"I'm optimistic," said Diane Swonk, chief economist for Mesirow Financial in Chicago, who predicts three-percent GDP growth and the creation of up to three million jobs this year. "I haven't felt bullish in a long time," Swonk said at the annual economic outlook luncheon of the Executive Club of Chicago on Jan. 9.
What 10 stocks does trader Michael Farr think are going to deliver in 2014? Click ahead to find out.
The "Fast Money" traders share their final trades of the day.