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Wednesday, November 26, 2008 ( change date )
Florida financial institutions losses grow
Florida’s financial industry struggled with problem loans and mounting losses in the third quarter.
bizjournals.com Wednesday, November 26, 2008Hanna Andersson sold again
Hanna Andersson LLC has been sold to Sun Capital Partners Inc. (KWD)
bizjournals.com Wednesday, November 26, 2008D.R. Horton reports Q4, year-end losses
Homebuilder D.R. Horton is reporting losses for the fourth quarter of 2008, and for the year ending Sept. 30, 2008, as the company grapples with a marketplace where foreclosures and lagging consumer confidence are slowing new home sales. (DHI)
bizjournals.com Wednesday, November 26, 2008FDIC: 171 banks on 'problem' list
The Federal Deposit Insurance Corp. reports that the number of “problem” banks rose sharply in the third quarter.
bizjournals.com Wednesday, November 26, 2008FDIC banks 3Q income down 94 percent
Savings institutions and commercial banks insured by the Federal Deposit Insurance Corp. generated a total of $1.7 billion in income in the third quarter of 2008, a 94 percent drop from $28.7 billion in the same period last year, the FDIC reported on Tuesday.
bizjournals.com Wednesday, November 26, 2008Total to Decide on China Sulige Gas Investment in Mid-2009
Total expects to make a final investment decision on a major natural gas block in northern China in mid-2009 after submitting a development plan to CNPC.
rigzone.com Wednesday, November 26, 2008Chevron Fires Up Production at Indonesia's North Duri Field
Chevron has started producing crude oil from the North Duri Area in Indonesia and has tripled oil production with steamflooding that enables the recovery of more than 2 billion barrels of crude oil.
rigzone.com Wednesday, November 26, 2008Naftogaz Claims to Owe $2B, Gazprom Says More
Ukraine's state energy firm Naftogaz said it has gas payment arrears of $2 billion to intermediary RosUkrEnergo, raising its previous debt estimate, though Gazprom puts it higher.
rigzone.com Wednesday, November 26, 2008KRG PM, Iraqi Oil Minister Shake Hands to Further Develop Iraq Oilfields
Prime Minister Nechiravan Barzani and Iraqi Oil Minister Hussain al-Shahristani announced that both sides would prepare for the future joining of two oilfields, Tawke and Taqtaq in the Kurdistan Region, to the main northern export pipeline to Ceyhan.
rigzone.com Wednesday, November 26, 2008Jordan Oil Shale Deal with Shell Imminent
The Kingdom is close to finalizing a mega-deal with the Royal Dutch shell oil Company to tap the Kingdom's vast amounts of oil shale resources, an energy official said.
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