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Rotana: News Corp tie-up imminent (Middle East Online)

15 hours ago ago from I Film News

News Corp’s imminent acquisition of 10% of Saudi entertainment group could give latter more global reach. Go here to read the rest:  Rotana: News Corp tie-up imminent (Middle East Online)

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M&A after Exxon-XTO

3 hours ago ago from Corporate Dealmaker

Oil majors such as BP plc (NYSE:BP), Royal Dutch Shell plc (NYSE:RDS-B) or Chevron Corp. (NYSE:CVX) may make a natural gas play in the wake of Exxon Mobil Corp. (NYSE:XOM) agreeing to buy XTO Energy Inc. (NYSE:XTO) for $41 billion in stock and assumed debt to boost its exposure to unconventional resources. Read more about the acquisition on The Deal Pipeline (subscription required). Oppenheimer & Co. analyst Fadel Gheit agrees the following ...

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Dubai bailout, Exxon deal lift Wall St | Free Financial Today

1 day ago ago from Financial Freedom - How to Invest - Investing in Today's markets!

NEW YORK (Reuters) U.S. stocks rose on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns, and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions.

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Living Stories is Google’s Way of Telling Murdoch to ‘Buzz Off’

23 hours ago ago from Delucamedia's Blog

Image by Getty Images via DaylifeGoogle News now features a new feature: The Living Stories project. Launched while I was at SES Chicago earlier this week, it is an experiment in presenting news in the online environment that was developed by Google in collaboration with The New York Times and The Washington Post. Google Living Stories lets you read the same reporting and analysis that you expect from The New York Times and The ...

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U.S. markets advance early

7 hours ago ago from Private Equity Fund LLC

Dubai World, the investment organization of the Dubai government said in late November it was in danger of defaulting on $59 billion in debt. About $4.1 billion was required by Monday to meet a bond obligation, New York Times reported. Stocks also jumped as Exxon Mobil announced it had reached an agreement to buy XTO Energy for $31 billion in an all-stock acquisition. Advertisement: read more Social Bookmarking

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Exxon CEO Touts Unconventional Gas As New Resource - FOXBusiness.com

8 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Energy Monday, December 14, 2009 Exxon CEO Touts Unconventional Gas As New Resource   By Steve Gelsi MarketWatch Pulse   NEW YORK -- Exxon ...

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New detours in place around Greenville

49 minutes ago ago from Media General - WNCT.com

Search: Keyword Site Web | RSS + - Text Size Print Share This New detours in place around Greenville By Rachel Gallaher | Weekend Edition Producer Published: December 14, 2009 Driving around parts of Greenville proved to be a challenge today. That's because there are some new detours in place. ...

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Will oil majors draft Exxon into gas market?

1 hour, 19 minutes ago ago from U.S. News

Will oil majors draft Exxon into gas market? NEW YORK (AP) -- Shares of natural gas producers jumped Monday as Exxon Mobil Inc.'s $29 billion acquisition of XTO Energy Inc. set off a flurry of talk about more big buyouts. The acquisition caught many in the industry by surprise, even though the huge bankrolls of major oil producers have led to speculation over the past year that consolidation in the energy sector was imminent. But Exxon ...

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Citigroup to Repay $20 Billion in Bailout Money

11 hours ago ago from FOX News

Watch Live NASA WISE Launch Citigroup to Repay $20 Billion in Bailout Money Monday, December 14, 2009 Print NEW YORK Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence over the banking giant. The New York-based bank was among the hardest hit by the credit ...

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Hess raises 2010 capital budget to $3.9 billion

2 hours ago ago from U.S. News

Hess raises 2010 capital budget to $3.9 billion NEW YORK (AP) -- Hess Corp. said Monday it is raising its 2010 capital budget by 22 percent, with the majority of spending going toward exploration and production. The New York-based oil company hiked its capital and exploratory budget to $3.9 billion, above the $3.2 billion it spent in 2009 but still below the $4.4 billion it had targeted in 2008. It will spend $2.4 billion on production - ...

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