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UPDATE 1-U.S. bankruptcy court weighs 'white-hot' energy pipeline dispute

2016-03-05 00:42:54| Energy - Topix.net

Small U.S. oil-and-gas producer Quicksilver Resources Inc began making its case in court on Friday for using its bankruptcy to reject a pipeline contract, a move that trade groups warned could undermine the $500 billion midstream industry. Quicksilver's push to end its agreement with Crestwood Equity Partners has become a closely watched test for midstream operators, which process and transport the producers' oil and gas.

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UPDATE 1-Valeant reiterates key executive resigned for personal reasons

2016-03-03 23:36:00| Biotech - Topix.net

Valeant Pharmaceuticals International Inc said Executive Vice President Deb Jorn had not been asked to leave, in response to investor queries, a day after the company said she had resigned for personal reasons. Jorn oversaw the Canadian drugmaker's U.S. dermatology business, which had ties with Philidor Rx Services, a specialty pharmacy that used aggressive tactics to increase insurer reimbursement, mostly for dermatology drugs.

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UPDATE 1-FedEx Freight raises concerns over CP bid for Norfolk Southern

2016-03-03 21:27:52| Trucking - Topix.net

A unit of FedEx Corp has raised concerns over Canadian Pacific's bid for Norfolk Southern saying it could hurt rail service and lead to higher shipping costs, according to a letter posted by a U.S. federal rail regulator on Thursday. In the letter to the Surface Transportation Board dated Feb. 25, a FedEx Freight executive wrote the company believes "a merger would lead to diminished service as well as higher shipping costs."

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UPDATE 1-FedEx Freight raises concerns over CP bid for Norfolk Southern

2016-03-03 20:41:34| Air Courier - Topix.net

A unit of FedEx Corp has raised concerns over Canadian Pacific's bid for Norfolk Southern saying it could hurt rail service and lead to higher shipping costs, according to a letter posted by a U.S. federal rail regulator on Thursday. In the letter to the Surface Transportation Board dated Feb. 25, a FedEx Freight executive wrote the company believes "a merger would lead to diminished service as well as higher shipping costs."

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Update - US apparel retailers' February 2016 sales roundup

2016-03-03 17:39:00| Daily apparel & textile news and comment - from just-style.com

February proved to be a mixed month for US apparel retailers as market volatility spooked investors and consumers, while low gas prices, positive housing data and upbeat labour market indicators suggested consumers had the means to spend.

Tags: february sales update apparel

 

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