The Associated Press May 30, 2008 - 6:14 p.m. HOUSTON - The tell of rigs actively exploring for oil and natural gas in the United States fell by 12 this week to 1,877. Of the rigs running U.S.-wide, 1,479 were exploring since natural aeriform fluid and 390 on the side of oil, Houston-based Baker Hughes Inc. reported Friday. Eight were listed as miscellaneous. A year ago, the rig count stood at 1,774. Of the major oil-and gas-producing states, Texas ...
Severstal says it has started $17 a share tender offer for Esmark
May 31 2008
May 30, 2008 - 5:55 p.m. WHEELING, W.Va. (AP) - Steelmaker and distributor Esmark Inc. is asking stockholders to wait to the time when mid-June before agreeing to sell shares to Russian metals and mining company OAO Severstal. Severstal officially started offering to buy shares of Esmark in the place of $17 apiece Friday. In response to the tender offer, Esmark says it's going to bestow an opinion to shareholders by June 13. Esmark agreed to ...
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Mastercard global accounts president McWilton exercises options for and sells 5,769 shares
May 31 2008
May 30, 2008 - 5:27 p.m. NEW YORK (AP) - The president of global accounts at credit card company Mastercard Inc. exercised options for and sold 5,769 shares of common stock under a prearranged trading lay out, according to Securities and Exchange Commission filings Thursday. In Form 4s filed with the SEC, Chris McWilton reported he exercised the options Tuesday for $39 apiece and then sold all the shares the same day for $273.12 to $278.61 ...
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Lionsgate reports loss of US$74 million in latest financial year
May 31 2008
The Canadian Press May 30, 2008 - 5:26 p.m. VANCOUVER - Lionsgate (NYSE:LGF) said Friday it lost US$74 million in its most recent pecuniary year compared with a profit a year ago as revenue increased nearly 40 per cent. The entertainment company, with headquarters in Santa Monica, Calif., and Vancouver, said the loss amounted to 62 cents per diluted share for the financial year ended March 31 compared with a return of $27.5 million or 25 cents per diluted distribute a ...
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T-Mobile spent nearly $700,000 in first quarter to lobby on spectrum and Internet issues
May 31 2008
May 30, 2008 - 5:26 p.m. WASHINGTON (AP) - Telecommunications carrier T-Mobile USA Inc. spent nearly $700,000 in the first quarter to lobby on image matters and other issues, according to a disclosure publish. T-Mobile, which is owned by German telecommunications company Deutsche Telekom AG, also lobbied the federal polity on legislation involving wireless taxes, seclusion and various consumer security issues. The company, the nation's fourth largest honey-combed carrier, also lobbied lawmakers on the issue of ...
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