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Stock Market & Financial Investment News

News Breaks
January 18, 2012
08:18 EDTOGZPY, EONGY, RWEOYGazprom lowers gas prices as position weakens, Bloomberg reports
Russia's OAO Gazprom's (OGZPY) decision to reduce prices for five customers indicates a weakening position for Russia in Europe’s gas market as energy demand slows, reports Bloomberg. The EU buys about 25% of its gas from Russia, usually on fixed-term contracts tied to the price of oil. Reference Link
News For OGZPY;EONGY;RWEOY From The Last 14 Days
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September 29, 2014
07:08 EDTRWEOYRWE AG says Dea unit sale being held up by U.K.
RWE said in a statement that "For the Closing of the sale of RWE Dea AG several consents from third parties are outstanding. The parties to the agreement have agreed, inter alia, that there should be a comfort letter by the Department of Energy and Climate Change of the United Kingdom. Currently, it is uncertain whether the Comfort Letter will be issued. The parties to the transaction continue to work towards a closing of the transaction."

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