Knight Capital Trading Glitches Strike Wall Street
Wall Street was hit by a messy opening due to apparent trading problems at Knight Capital Group, causing confusion and shares of the market maker to plunge more than 20%
Refinery Status: ExxonMobil Torrance, Calif., Refinery At Normal Rate
The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires.
Rosneft Swings To 2Q Net Loss Of RUB8 Billion
Russian state-controlled oil producer OAO Rosneft (ROSN.RS) Wednesday announced an unexpected second-quarter net loss of 8 billion Russian rubles (248 million dollars) on the back of lower crude prices, the ending of tax breaks for its giant Vankor field, and foreign exchange losses because of
ADP 4th-Quarter Net Up 6.9% on Employer-Services Growth
Automatic Data Processing Inc.'s (ADP) fiscal fourth-quarter profit rose 6.9% as the payroll-service firm gained market share with small businesses and saw a double-digit increase in new business sales.
Exxon Mobil Confirms Completion of Maintenance at Calif Refinery
Exxon Mobil Corp. (XOM) on Wednesday said planned maintenance at its oil refinery in Torrance, Calif., has been completed and the plant is now operating at normal rates.
Peru to Decide on Telefonica's Contracts in August -Report
LIMA, Peru--Peru's government is expected to announce in August if it will renew Telefonica del Peru's (TELEFBC1.VL) operating licenses, a spokeswoman from the Transportation and Communications Ministry confirmed on Wednesday.
World's Worst Power Blackouts
Hundreds of millions of people across India were left without power in one of the world's worst blackouts, trapping miners, stranding train travelers and plunging hospitals into darkness when grids collapsed two days in a row. Here are some of the world's other major power cuts.
Greece's Eurobank Considers Buying Emporiki Bank
Greece's Eurobank (EUROB.AT) has joined the race to buy Emporiki Bank of Greece (TEMP.AT), the Greek unit of France's Credit Agricole SA (ACA.FR), it said Wednesday.
Volkswagen, Porsche Finalize Integration of Sportscar Brand
Volkswagen AG (VOW.XE) said Wednesday it finalized the acquisition of the remaining 50.1% stake in Porsche Automobil Holding SE's (PAH3.XE) sportscar business it doesn't already own as planned.