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Stock Market & Financial Investment News

News Breaks
January 2, 2013
14:33 EDTDVN, CHK, ECANatural gas futures lower after warm weather forecast, WSJ says
Natural gas futures for February delivery traded down 3.8% to $3.224 a million British thermal units, after forecasts for warmer weather, says the Wall Street Journal. Reference Link
News For DVN;CHK;ECA From The Last 14 Days
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June 17, 2013
16:02 EDTCHKChesapeake names Chief Compliance Officer
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07:26 EDTECAHart Energy to host a conference
6th Annual Energy Capital Conference 2013 is being held in Houston on June 17-18.
June 14, 2013
12:12 EDTCHKChesapeake says shareholders reject board declassification proposal
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June 11, 2013
08:04 EDTECAEncana appoints Doug Suttles as CEO
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07:23 EDTECAEncana to hold a media roundtable
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07:20 EDTECAEncana to host conference call
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June 10, 2013
09:31 EDTDVNDevon Energy appoints David Hager to COO
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05:57 EDTCHKMcClendon wants large slice of his new energy company, WSJ reports
Former Chesapeake Energy CEO Aubrey McClendon is pitching Wall Street on his new energy company, American Energy Partners LP, and he wants to raise between $2B and $3B of "initial equity capital" for the exploration-and-production company. But this time It isn't clear he will get what he wants, reports the Wall Street Journal. Reference Link
June 6, 2013
12:20 EDTDVNDevon Energy board approves plan to form midstream MLP
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June 4, 2013
09:21 EDTDVNDevon Energy management to meet with Oppenheimer
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07:10 EDTCHKActivist shareholders take on energy companies, WSJ reports
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06:07 EDTCHKOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Strong demand for pickup trucks and sport-utility vehicles boosted U.S. sales in May for major automakers (F, GM, NSANY, TM), but the auto industry rebound that has helped buoy the U.S. economy since early last year is showing signs of leveling off, the Wall Street Journal reports...In the midst of North America's energy boom (CHK, HESS, RIG, OXY, MUR, APA), several long-serving CEOs and board chairmen have been booted in recent months, pushed out by activist shareholders demanding restraint and oversight. Others appear to be running scared, making shareholder-friendly gestures, including higher dividends and lower executive pay, the Wall Street Journal reports...REUTERS: Japan's government is set to urge the nation's public pension funds- a pool of over $2T -to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, sources say, Reuters reports...Two companies linked to Chinese state-backed groups- Chinalco Mining Corp. International or Hong Kong-listed MMG group -are weighing rival bids for Glencore Xstrata’s (GLNCY) roughly $5B worth of copper mines in Peru, sources say, Reuters reports...BLOOMBERG: Stocks gained in Europe and Asia after a Federal Reserve official said the bank is committed to record stimulus. The dollar strengthened, commodities fell and Turkish shares rebounded from the biggest drop in a decade, Bloomberg reports...Airline executives (DLAKY, are set to spend more on orders for the latest wide-body planes from Airbus SAS (EADSY) and Boeing (BA) as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year, Bloomberg reports.

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