|NASDAQ Composite +0.21%|
|Russell 2000 +0.17%|
|S&P 500 +0.11%|
|Dow Jones Industrial Average +0.04%|
|Widows and Orphans +0.24%|
|Pretty Girls and Railroads +0.23%|
|Climbers and Dogs +0.14%|
KKR co-founder defends fracking
Feb 28 2013 16:13 GMT
KKR co-founder Henry Kravis on Thursday downplayed the environmental risks of fracking, the drilling technology that has fuelled the shale gas boom in the US. In the past few years, private equity groups such as KKR, Apollo and First Reserve have accelerated investments in companies using so-called hydraulic fracturing, or...
Repsol: on the rebound
Feb 28 2013 15:18 GMT
Anyone whose house has been burgled tends to cling more tightly to familiar things. Repsol is a case in point. After Argentina ran off with its prized YPF assets nearly a year ago, the Spanish oil and gas group has gone all upstream. The highlight of its 2012 results on...
RBS seeks more time for branch disposals
Feb 28 2013 12:20 GMT
Royal Bank of Scotland has told the European Commission it is likely to miss a deadline for selling more than 300 UK branches, further undermining hopes of a rapid shake-up of Britain's retail banking industry. The state-controlled bank disclosed the move on Thursday as it announced that a succession of...
Repsol suffers limited damage from YPF seizure
Feb 28 2013 09:31 GMT
Repsol managed to limited the damage from the most traumatic year in its history to a slight fall in net profits last year, despite the expropriation its Argentinian YPF unit forced painful restructuring at the Spanish oil company. Net profit for 2012 fell by 6.1 per cent year-on-year to €2bn,...
Telefónica net profits tumble by 27.3 per cent
Feb 28 2013 09:20 GMT
Net profits at Telefónica, the eurozone's most valuable telecoms group, fell by over a quarter last year as it was buffeted by a sharp recession at home and several large writedowns but said it expected to grow revenues in 2013 as its restructuring efforts took hold. Telefónica said that net...
|Gainers||Today's Market Change|
Xinyuan Real Estate Co Ltd
AllianceBernstein Holding LP
|Losers||Today's Market Change|
American Capital Agency Corp
Altria Group Inc
Reynolds American Inc