Chevron: One Crude Unit Down Temporarily After Calif. Blaze
Chevron Corp. (CVX) spokesman Brent Tippen said one crude distillation unit at its Richmond, Calif., refinery is down "temporarily" following a fire Monday night, but other parts of the refinery are still operating.
Express Scripts Earnings Down on Costs, But Outlook Up
Express Scripts Holding Co.'s (ESRX) second-quarter earnings fell 49% as the pharmacy-benefit manager absorbed acquisition costs, but results topped Wall Street expectations and helped fuel a stronger forecast for the full year.
Computershare Fiscal Year Profit Drops 41% Amid Subdued Deal Activity
Computershare Ltd. (CPU.AU), the world's biggest share registry company, on Wednesday booked a 41% decline in annual net profit amid continued weak merger and acquisition activity.
Brazil Government Ready to Ban Mobile Phone Sales Again If Necessary
Brazil's government would support the telecommunications regulator if it chose to impose again a sales ban on mobile phone companies that don't improve network quality and customer service, Communications Minister Paulo Bernardo said in an interview on Tuesday.
Subprime Auto ABS Demand Rolls on in Santander Deal
Santander Consumer USA on Tuesday priced $1 billion in subprime auto asset-backed securities, jacking up the size of the deal by 25% just six weeks after the Banco Santander unit sold the largest deal of its kind since 2007.
Sharp, Hon Hai Reportedly To Confirm Alliance
Japanese tech major Sharp Corp. and Taiwanese firm Hon Hai Precision Industry Co. plan to confirm publicly that their investment deal remains in place, in an effort to calm the market anxiety, the Nikkei said in an unsourced report Wednesday.
Sesac Selling $300 Million Bond Backed By Money Derived from Rights to Bob Dylan, Neil Diamond Songs
Bob Dylan's music was the soundtrack for the counterculture of 1960s America.
Priceline Shares Tumble on Slowing Growth, Wary Outlook
Priceline.com Inc.'s (PCLN) growth slowed markedly in the second quarter, with a surprisingly downbeat outlook underscoring how its robust gains in the European hotel market are falling prey to economic uncertainty.
BP-Husky Toledo Refinery Work to Start Sept. 13
Husky will begin previously announced maintenance at its jointly owned Toledo-area refinery in Ohio on Sept. 13, a person familiar with the plant's operations said on Tuesday.
Obama Pushes Farm Bill as Drought Ravages Midwest
With the U.S. election three months away, Obama said Congress needed to complete work on a new five-year farm bill. Republican leaders in the U.S. House of Representatives, unable to pass a bill in the lower chamber, proposed a $383 million disaster package for livestock producers before adjourning