Exelon Corp. on Monday urged NRG Energy Inc. shareholders to elect nine new independent directors, in an attempt to bolster support for its effort to create the largest U.S. power generator by output.
Covanta Holding Corp., an operator of facilities that turn waste into electricity, said Monday it will buy most of Veolia Environmental Services North America Corp.'s facilities for $450 million in cash.
Nigeria's main militant group said on Monday it had sabotaged a Chevron oil facility and seized a chemical tanker and six crew members, the latest in a string of attacks in Africa's biggest energy producer.
Saturday, 4 Jul 2009 | Source: The Associated Press
When shareholders in seven companies recently rebuffed proposals to move their corporate homes to North Dakota, the state's own employee pension fund was among the stockholders that opposed making the switch.
Saturday, 4 Jul 2009 | Source: The Associated Press
The parent company of Indianapolis Power & Light Co. is planning a wind farm with 200 or more towers that could become the state's largest generator of the alternative energy.
OPEC is satisfied with the current crude oil price, the president of the Organization of Petroleum Exporting Countries, Angolan Oil Minister Jose Botelho de Vasconcelos said on Friday.
Thursday, 2 Jul 2009 | Source: The Associated Press
An attorney for General Motors urged a bankruptcy judge Thursday to approve the automaker's sale plan, saying that the only other alternative would be a liquidation of the company's assets.
The oil market is over-supplied, said Joe Petrowski, the CEO of Gulf Oil on Thursday. As oil stocks approach a 29-year high, the fundamental supply-side of the market has never been more bearish, he said.
Thursday, 2 Jul 2009 | Source: The Associated Press
A Baltimore judge is expected to rule Thursday on a motion by the state of Maryland to dismiss Constellation Energy's appeal in the battle over a proposed deal with France's EdF.
Thursday, 2 Jul 2009 | Source: The Associated Press
Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG's recent deal for Reliant Energy's Texas retail business.
Joe Battipaglia, private client market strategist of Stifel Nicolaus and Keith Wirtz, CIO of Fifth Third Asset Management discussed the recent market pullback and where the market is headed from here... Read More
Barry James, of the James Advantage Fund, and Andy Bischel, of SKBA Capital Management, discussed their market outlook and strategies with investors... Read More
The S&P is up 37 percent since the March low, but has the recent rally been overplayed? Michael Cuggino, portfolio manager at Permanent Portfolio Funds, and Randy Bateman, Huntington Funds CIO of the Huntington Funds shared their market outlook and the best places to invest... Read More
Ken Croft, CIO and portfolio manager of Croft Value Fund and Alan Valdes, vice president of Hillard Lyons told CNBC how investors can prepare their portfolios for the week ahead... Read More