Daily Archives: January 8, 2013
Brief fire prompts shutdown of reactor at Bay City nuke plant
One of the South Texas Project’s nuclear reactors was shut down after a transformer fire Tuesday, but the reactor was not damaged, a plant spokesman said. More »
Ex-SAC analyst named 20 alleged insider traders
Prosecutors tell judge that Wang ‘contributed substantially’ to the criminal convictions of more than 10 individuals More »
Dish outbids Sprint in Clearwire race
Sprint hits back at its rival, saying it has ‘no intention’ of waiving any of its rights as Clearwire’s largest shareholder and biggest customer More »
US oil imports to fall to 25-year low
Energy Information Administration, a government agency, predicts that net imports of liquid fuels will fall to about 6m barrels per day in 2014 More »
White House weighs total Afghan pullout
As Barack Obama and Hamid Karzai prepare for talks in Washington this week, a security official says the US is considering a ‘zero option’ after 2014 More »
Chávez will miss inauguration, say officials
Vice-president Maduro acts to dispel impression of power vacuum with crackdown on hoarding but opposition will push for his rival to be interim leader More »
Alcoa forecasts boost in aluminium demand
Company reported underlying earnings in line with analysts’ expectations at 6 cents per share for the fourth quarter, on revenues of $5.9bn More »
Biden to open US gun control campaign
US vice-president joins Gabrielle Giffords, former congresswoman injured in a 2011 shooting in Tucson, in call for action but conservatives fight back More »
Deloitte report boosts natural gas exports
A study concludes that U.S. natural gas prices would rise about 15 cents per million British thermal units by 2030 if exports are allowed. More »
Galaxy lifts Samsung profit to record
Group estimates operating profit leapt 88% to Won8.8tn in the fourth quarter as mobile handset sales surged despite competition from Apple’s iPhone More »
The long wait for a Sears turnround
Share drop shows many investors share concerns of retail experts who say Lampert has failed to define a clear strategy for the struggling retailer More »
Equities slip as focus turns to earnings
Stock benchmarks are retreating from recent multimonth peaks as the post-cliff new year rally fades and attention starts to turn to corporate earnings More »
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