Top News & Analysis Texas


  • *NYSE, Nasdaq OMX testing trading systems on Tuesday. Oct 30- U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, sources said, and the New York Stock Exchange is testing a new plan to help resume trading. Plans to resume trading will be complicated by the lingering effect of the storm on New York.

  • NEW YORK, Oct 30- The biggest U.S. East Coast refinery in Philadelphia began restoring production after Hurricane Sandy on Tuesday and a smaller nearby plant operated without trouble as energy firms began assessing the storm's damage.

  • *Philadelphia 330,000 bpd refinery, biggest on coast, undamaged-source. NEW YORK, Oct 30- The biggest U.S. East Coast refinery in Philadelphia appears to have emerged undamaged from Hurricane Sandy and a smaller nearby plant operated without trouble, sources said on Tuesday as energy firms began assessing the storm's damage.

  • SAN FRANCISCO, Oct 29- Advanced Micro Devices Inc plans to use technology from Britain's ARM Holdings Plc to make energy-efficient processors for servers, a growing business that the troubled chipmaker hopes will help offset weakness in the struggling PC industry.

  • *Illinois' importing' corn by rail from N.Dakota, Minnesota. CHICAGO, Oct 29- The devastating U.S. drought and ensuing crop disease are upending traditional grain movement patterns, with dozens of trains and barges shipping North Dakota or Mississippi corn into the Corn Belt rather than out to the coasts.

  • Close race makes up for waning zeal in US expat vote Sunday, 28 Oct 2012 | 9:00 AM ET

    BERLIN, Oct 28- With the U.S. presidential election too close to call, hundreds of thousands of Americans living in Europe have been posting their absentee ballots with a sense that they could truly make a difference on Nov. 6.

  • *BP, Justice Department seek to settle civil, criminal charges.

  • FACTBOX-The wealthy behind U.S. presidential race Friday, 26 Oct 2012 | 9:48 PM ET

    Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.

  • Shares of Dean Foods Co spin-off closed at $16.75 after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.

  • Robbins still expects to close sale this year Friday, 26 Oct 2012 | 6:18 PM ET

    HOUSTON-- Robbins& Myers Inc. still intends to close a $2.5 billion sale of the company to National Oilwell Varco Inc. by the end of the year, despite additional regulatory review of the deal.

  • Shares of the Dallas, Texas- based Dean Foods Co spin-off changed hands at $16.87, after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.

  • Celanese increases acrylic emulsion prices Friday, 26 Oct 2012 | 6:00 PM ET

    DALLAS-- Specialty chemicals company Celanese Corp. said Friday that it will increase the price of acrylic-based emulsions sold in the Americas.

  • Ark. approves Entergy plan to join grid manager Friday, 26 Oct 2012 | 5:41 PM ET

    JACKSON, Miss.-- Arkansas regulators are giving cautious approval to Entergy Corp.' s plans to let an outside group manage power transmission. Entergy wants its utilities to join the Midwest Independent Transmission System Operator, or MISO. Entergy still needs blessings from Mississippi and New Orleans city officials.

  • Global Geophysical names White president, CEO Friday, 26 Oct 2012 | 5:33 PM ET

    HOUSTON-- Global Geophysical Services Inc. on Friday named Richard White its new president and chief executive officer. He replaces Richard Degner as president and CEO; Degner will continue as non-executive chairman of Global Geophysical and as president of Autoseis Inc., a subsidiary. Global Geophysical shares fell 15 cents, or 3 percent, to close at $4.88.

  • Texas regulators OK NRG Energy's takeover of GenOn Friday, 26 Oct 2012 | 5:29 PM ET

    HOUSTON-- The Public Utility Commission of Texas has approved NRG Energy Inc.' s proposed all-stock acquisition of GenOn Energy Inc., the companies said Friday. The deal must still receive the approval of state regulators in New York, the Federal Energy Regulatory Commission and the two companies' shareholders before it can go forward.

  • Buyouts reduce layoffs at American Airlines Friday, 26 Oct 2012 | 5:23 PM ET

    FORT WORTH, Texas-- So many mechanics at American Airlines are taking buyouts that the company expects it will need to lay off only a small fraction of the number it had originally planned.

  • Airlines ask fliers to reschedule due to hurricane Friday, 26 Oct 2012 | 5:09 PM ET

    The offers cover passengers flying in or out of just about any airport from Latin America to New Hampshire. The airlines have only canceled a handful of flights so far, nearly all of them in and out of Florida and the Caribbean. Hurricane Sandy killed at least 20 people in the Caribbean, and left Bahamas this afternoon.

  • Endeavour gets new exploration areas Friday, 26 Oct 2012 | 5:08 PM ET

    HOUSTON-- Oil and gas company Endeavour International Corp. said Friday it was given 7 new licenses to explore areas in the U.K. North Sea. The licenses were awarded by the Department of Energy and Climate Change. Houston- based Endeavour focuses on acquiring, exploring and developing energy reserves in the North Sea and U.S.

  • BP spill trial delayed until February 2013 Friday, 26 Oct 2012 | 4:57 PM ET

    HOUSTON, Oct 26- A federal judge on Friday delayed until February 2013 the start of a massive trial to determine liability from the 2010 Deepwater Horizon oil spill, citing tourist events that will keep New Orleans' hotels booked.

  • NM oil refinery to pay $400K fine over explosion Friday, 26 Oct 2012 | 4:16 PM ET

    SANTA FE, N.M.-- An oil refinery in New Mexico will pay a $400,000 fine in a settlement over safety violations stemming from an explosion that killed two employees and injured two others.