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Chesapeake pledges almost entire company as debt collateral

2016-04-12 00:18:07| Oil & Gas - Topix.net

Chesapeake Energy Corp. pledged almost all of its natural gas fields, real estate and derivatives contracts to maintain access to a $4 billion line of credit as the shale gas producer grapples with falling energy prices. The stock was the top performer in the Standard & Poor's 500 Index.

Tags: company entire debt collateral

 

Rockefeller Family Fund Blasts Exxon Mobil, Pledges Divestment From Fossil Fuels

2016-03-25 12:05:44| Chemicals - Topix.net

The heirs of John D. Rockefeller attacked Exxon Mobil this week, a company that is also a descendant of the famed oil baron. The Rockefeller Family Fund has announced that it will divest its assets from fossil fuels.

Tags: family mobil fund fossil

 
 

International Paper pledges $500K grant for flood victims

2016-03-25 07:49:09| Paper - Topix.net

International Paper on Wednesday authorized a critical community need disaster relief grant to the American Red Cross in response to the recent flooding in Newton and Orange counties.

Tags: international paper grant victims

 

Osborne 'boxed-in' by policy pledges

2016-03-22 10:13:30| BBC News | Business | UK Edition

By laying down so many rules, George Osborne has given himself little room for manoeuvre.

Tags: policy osborne pledges

 

Valeant stock suffers worst-ever day as activist Bill Ackman pledges proactive role

2016-03-16 03:53:00| Biotech - Topix.net

Activist investor Bill Ackman said Tuesday his Pershing Square Holdings Ltd. hedge fund would take a "much more proactive role" in protecting its losing investment in Valeant Pharmaceuticals International Inc., after a grim outlook and fears of a possible default sent that stock sharply lower. closed down 51% at $33.51, marking their worst-ever one-day performance, after the company slashed earnings and sales guidance and said it may breach loan covenants if it fails to produce an already delayed annual report by April.

Tags: day stock role bill

 

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