Monday, 16 Nov 2009 | Source: The Associated Press
Moody's Investors Service on Monday raised its outlook on Murphy oil Corp. and affirmed its investment-grade rating, citing its recent production growth and lower reliance on near-term exploration.
Tuesday, 16 Jun 2009 | Source: The Associated Press
The leader of Canada's east coast province of Newfoundland has announced a tentative agreement to develop an offshore project estimated to contain 223 million barrels of oil.
Unemployment hit 8.9 percent in April and some predict that number could climb to over 10 percent in 2009 as major companies streamline operations to combat the recession. But how far can this streamlining really go? For many companies, revenues hinge on worker productivity, and for most operations, per-worker profits and revenues are many multiples of average employee salaries. The measure of revenue per employee also helps shed light on a firm's money-making efficiency and likelihood it will retain jobs. The best companies require the least number of workers to make the most money.
As the price of oil hovered above $64 a barrel Tuesday, Barclays made sweeping changes to its price targets and ratings for some of the biggest players in the crude industry... Read More
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession.... Read More