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Top News & Analysis Texas

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  • NEW YORK, Nov 5- On the 19th floor of Consolidated Edison's Manhattan headquarters, the veteran lineman briefing a roomful of 100 out-of-town utility workers had a lot of advice, from the practical to the profane. It was familiar patter for Glenn Nicholas and his co-workers from New Orleans, who had been to New York before to train with Con Edison.

  • NEW YORK, Nov 5- On the 19th floor of Consolidated Edison's Manhattan headquarters, the veteran lineman briefing a roomful of 100 out-of-town utility workers had a lot of advice, from the practical to the profane. It was familiar patter for Glenn Nicholas and his co-workers from New Orleans, who had been to New York before to train with Con Edison.

  • *Romney has said will declare China currency manipulator on ``day one''. Presidential candidate Mitt Romney would lack the legal power to label China a currency manipulator on his first day in office should he win Tuesday's election, offering him a way out of what experts say is the weakest claim on the issue for years.

  • VANCOUVER, Nov 4- In this era of pipelines spanning thousands of miles, the idea of shipping crude across North America in railway cars might seem a quaint throwback to the oil pioneering days of the West.

  • Tree damage is plaguing many homeowners and businesses after Sandy blasted through the Northeast, inflicting much of her damage on New York, New Jersey and Connecticut. As of Friday morning, New York City, received more than 6,700 calls for downed trees, according to the Joint Information Center at the Office of Emergency Management.

  • Nov 2- Chesapeake Energy Corp's target to pare debt to $9.5 billion or less by the end of the year may be pushed into 2013, along with some deal closings, the company's chief financial officer told analysts on Friday.

  • Orthofix paying $30M to settle kickbacks case Friday, 2 Nov 2012 | 1:09 PM ET

    The Justice Department announced Friday that Orthofix International NV agreed to resolve claims that Blackstone Medical Inc., provided surgeons with travel and entertainment and sham consulting, royalty and research deals.

  • 7-Eleven completes purchase of Tetco assets Friday, 2 Nov 2012 | 11:57 AM ET

    DALLAS-- 7- Eleven Inc. said Friday it completed the acquisition of Tetco Inc., which runs 163 convenience stores in Texas and Utah.

  • New owners of 2 East Texas dailies sell weeklies Friday, 2 Nov 2012 | 11:04 AM ET

    LONGVIEW, Texas-- The new owner of two East Texas daily newspapers has sold 11 East Texas weeklies included in the purchase. Texas Community Media LLC announced that it has sold the weeklies acquired earlier this year as part of its purchase of the daily Longview News-Journal and Marshall News Messenger.

  • Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices caused the U.S. oil and gas company to write down the value of some assets.

  • Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices prompted the U.S. oil and gas company to write down the value of some assets.

  • WRAPUP 2-Oil companies struggle to increase output Thursday, 1 Nov 2012 | 7:09 PM ET

    Third-quarter results from Exxon Mobil, Royal Dutch Shell and other top international players released over the past few days mostly beat expectations thanks to a shortage of the fuels and other crude-oil based products they make.

  • U.S. drought shrinking, but not fast enough Thursday, 1 Nov 2012 | 5:05 PM ET

    Nov 1- Snow and rain and cooler temperatures helped ease suffering in drought-stricken areas of the United States over the last week, though some areas saw conditions grow worse, according to a climatology report issued Thursday.

  • Nov 1- Refiner Marathon Petroleum Corp expects U.S. distillate demand to rise by 3.7 percent in 2013-- including exports-- and the company aims to increase distillate yields at its Louisiana refinery to reap the benefits, Chief Executive Gary Heminger told analysts on Thursday.

  • Chesapeake arranging $2 billion loan Thursday, 1 Nov 2012 | 3:44 PM ET

    OKLAHOMA CITY-- Chesapeake Energy Corp. said Thursday that it arranged a new $2 billion loan to help repay some existing loan and credit facilities. Chesapeake said last month that it will sell off vast portions of its land and infrastructure in Texas in a series of deals worth roughly $7 billion.

  • Nov 1- Marathon Petroleum Corp reported a better-than-expected quarterly profit on Thursday due in part to asset sales, though earnings slipped in the company's core refining unit. For the third quarter, the company posted net income of $1.22 billion, or $3.59 per share, compared with $1.13 billion, or $3.16 per share, in the year-earlier period.

  • Bill Barrett to sell $335M worth of gas assets Thursday, 1 Nov 2012 | 3:04 PM ET

    DENVER-- Bill Barrett Corp. said Thursday that it plans to sell some of its natural gas properties to Vanguard Natural Resources LLC for $335 million, part of the oil and gas company's strategy to sell off "lower-growth" assets it doesn't consider central to its business. It posted a loss of $52.6 million, or $1.11 per share, for the quarter.

  • Nov 1- Exxon Mobil Corp, the world's largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered a 7.5 percent decline in oil and gas output. Earlier this month, Exxon agreed to buy Celtic Exploration Ltd for $2.64 billion.

  • UPDATE 3-Exxon quarterly profit falls, output tumbles Thursday, 1 Nov 2012 | 2:24 PM ET

    Nov 1- Exxon Mobil Corp, the world's largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered a 7.5 decline in oil and gas output. Earlier this month, Exxon agreed to buy Celtic Exploration Ltd for $2.64 billion.

  • Nov 1- Marathon Petroleum Corp reported a better-than-expected quarterly profit on Thursday, though results were helped by the sale of assets in Minnesota, but suffered in the company's core refining unit.