Daily Archives: January 9, 2013
BATS reveals multiyear pricing problem
US stock exchange operator says its systems executed hundreds of thousands of trades beginning in 2008 that may have violated securities rules More »
Coast Guard: Tanker that hit Bay Bridge was warned
An empty oil tanker that crashed into the San Francisco-Oakland Bay Bridge was warned prior to striking the bridge tower, the Coast Guard said.
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Conoco moving West Texas management to Houston
ConocoPhillips is splitting its vast mid-continent business in two and moving managers from Midland to Houston, as part of an internal reorganization, according to a spokesman. More »
Ex-SAC analyst gets two years probation
Judge Jed Rakoff praised the quality and extent of Mr Wang’s assistance in the insider trading investigation More »
Bredero Shaw introduces offshore pipe and joint coating package
Bredero Shaw has introduced a packaged combination of products, expertise, infrastructure, and services to cover each stage of an offshore pipeline coating project, from concept to commissioning. More »
Google sinks $200 million into Texas wind farm
Google has invested $200 million in a West Texas wind farm, which will become a part of the company’s $1 billion renewable energy portfolio, the Internet search giant said Wednesday. More »
Stocks rise on earnings hopes
Stocks are resuming their new year rally while prices of US sovereign bonds are falling, nudging yields up 1 basis point to 1.86% More »
Transocean advised of rights at hearing on Gulf spill criminal charge
Swiss drilling contractor Transocean made a brief appearance Wednesday in New Orleans federal court, where a lawyer for the company was advised of the misdemeanor criminal charge the company faces in connection with the 2010 Gulf oil spill. More »
Arctic standards urged for oil drilling in forbidding region
Engineers, oil industry representatives and environmentalists on Wednesday urged federal regulators to adopt a suite of baseline standards that would govern a new era of oil drilling and possibly production in Arctic waters. More »
Obama to weigh up executive order on guns
That the president might use the power of his office to take action is a sign of how politically difficult it will be to advance legislation More »
SEC enforcement chief steps down
Robert Khuzami, the controversial regulator, led insider trading and major bank investigations, some of which were criticised for being too lenient More »
Morgan Stanley cuts target senior staff
Cuts, which amount to about 6 per cent of the institutional securities group, will target the senior tiers of banking staff, with about half to be made in the US More »
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