Business Stories from November 10, 2011 (Change date)
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Exxon’s Kurdish exploration may scuttle other Iraq projectsNov 10, 2011 11:00 pm - Exxon Mobil Corp., the U.S. oil company that helped engineer a 48 percent production increase from Iraq’s West Qurna field in one year, risks a backlash from that nation...
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Caterpiilar plans new N. American facility; to create 1,000 new jobsNov 10, 2011 11:00 pm - PRNewswire Peoria-based Caterpillar Inc. said it plans to open a new manufacturing facility in North America for small track-type tractors and mini hydraulic excavators,...
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EMI sold to Universal, Sony/ATV for $4.1 billionNov 10, 2011 11:00 pm - LOS ANGELES — EMI Group Ltd., home of The Beatles and Coldplay, has been sold in two parts for $4.1 billion. Vivendi SA’s Universal Music Group said Friday that it has a...
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Novatek third-quarter profit declines 17%. Matching estimatesNov 10, 2011 11:00 pm - OAO Novatek, Russia’s second-largest natural gas producer, said third-quarter profit fell 17 percent as ruble depreciation led to a foreign exchange loss. Net income dec...
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AirTran to stop servicing Central Illinois Regional AirportNov 10, 2011 11:00 pm - Southwest Airlines Co.’s AirTran unit will cease flying to five airports including Miami International and Washington’s Dulles next year because of rising fuel costs and...
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Rare early US New Testament up for auctionNov 10, 2011 11:00 pm - LONDON — A rare copy of the first English-language edition of the New Testament to be published in the United States is being offered at auction in London. Bloomsbury Au...
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South Africa plans for 5.4% growth, rail expansion to boost jobsNov 10, 2011 11:00 pm - South Africa needs economic growth of 5.4 percent a year and expansion in railways and ports to reduce poverty and create jobs in a country where one in four are unemplo...
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Viacom to transfer stock exchange listing to NASDAQNov 10, 2011 11:00 pm - Viacom Inc has announced the transfer of its stock exchange listing to The NASDAQ Global Select Market The company said that the voluntary transfer to The NASDAQ Global ...
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Technical analysis: Euro may drop further after breaking averageNov 10, 2011 11:00 pm - Nov. 11 — The euro is poised to drop against the pound to a level last seen in September 2010 after trading below its 200-week moving average for the first time in more ...
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EU calls for probe of ‘serious’ S&P error regarding FranceNov 10, 2011 11:00 pm - The European Union said French and EU regulators should investigate Standard & Poor’s erroneous message on France, calling it a “very serious incident.” “We are not talk...
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