Whiting Petroleum Corporation Announces Exchange Offer for Its 6.25% Convertible Perpetual Preferred Stock (PR Newswire)
Whiting Petroleum Corporation today commenced an offer to exchange up to 3,277,500 shares of its 6.25% Convertible Perpetual Preferred Stock for the following consideration per share of Preferred Stock: 2.3033 shares of the Company's common stock and a cash payment of $14.50, subject to the terms and conditions of the exchange offer. us.rd.yahoo.com |
Another Mariner platform catches fire
A second Mariner Energy Inc. platform caught fire in the Gulf of Mexico on Thursday, according to news reports. (ME) feeds.bizjournals.com |
Cato stock up; Wells Fargo falls
Charlotte-area stocks rose and fell evenly Wednesday, with Cato Corp.’s shares gaining 3.3 percent in value. (CATO) (WFC) (GR) (FDO) (NUE) (RDK) (PNY) (HRZ) (BAC) (DUK) (LOW) (LNCE) (SPW) (TRK) feeds.bizjournals.com |
New Concept Energy, Inc. Issues Statement
[Business Wire] - In view of the unusual market activity in the stock of New Concept Energy, Inc. , the NYSE has contacted the company in accordance with its usual practice; the company stated that its policy is not to comment on unusual market activity. us.rd.yahoo.com |
Hess profit up on higher oil, gas prices
[AP] - Hess Corp. said Wednesday that its profit more than tripled in the third quarter as oil and natural gas prices rose. For the three months ended Sept. 30, the company earned $1.15 billion, or $3.52 per share. us.rd.yahoo.com |