Tesoro Logistics LP said Sunday that it has agreed to acquire QEP Resources Inc.'s natural gas gathering and processing business, QEP Field Services LLC, for about $2.5 billion in cash. The deal values includes $230 million to refinance debt at QEP Midstream Partners. The transaction includes the acquisition of QEP Field Services' 58 percent ownership interest in QEP Midstream Partners LP.
Colorado based doctor Dilip Joseph, who was kidnapped by the Taliban discusses his ordeal in detail in a book published by Amazon on Tuesday.
Extending the rebound seen over the course of the previous session, stocks moved sharply higher during trading on Friday. The gains on the day partly offset the recent sell-off on Wall Street, although the major averages remain well off their mid-September highs.
U.S. crude oil ended slightly higher for a second straight session, supported by some positive economic data from the U.S. with housing starts and consumer sentiment rising more than expected, and as well on bargain hunting.
Nonetheless, the uptick in prices were checked as investors continued to...
While the Ebola outbreak in the U.S. has thus far been limited to just three people, the results of a new CBS News poll suggest that news of the disease has contributed to a sharp drop in public confidence in the Centers for Disease Control and Prevention.
Gold futures extended losses for a second straight session to end lower on Friday, tracking rising global equity markets after some upbeat economic data from the U.S.
However, gold futures gained 1.4 percent for the week.
Nevertheless, persisting worries over eurozone growth appear to be limiting...
After moving notably higher at the open, stocks have seen some further upside over the course of the trading day on Friday. The strong gains on the day are partly offsetting the sell-off seen over the past several sessions.
While the administration initially resisted calls to appoint an Ebola "czar," President Barack Obama now reportedly plans to tap former White House official Ron Klain for the role. Klain previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore and is said to be highly regarded at the White House.
Consumer sentiment in the U.S. has unexpectedly improved in the month of October, according to a report released by Thomson Reuters and the University of Michigan on Friday.
Stocks have moved sharply higher in early trading on Friday, extending the rebound seen over the course of the previous session. The major averages have all climbed firmly into positive territory after ending Thursday's trading roughly flat.
New residential construction in the U.S. increased by more than anticipated in the month of September, according to a report released by the Commerce Department on Friday, although the rebound did not completely offset the sharp drop seen in the previous month.
German telecommunications provider Telefónica Deutschland, a part of Spanish telecom group Telefónica S.A., Friday said it plans to reduce 1,600 full-time positions by 2018, following completion of the takeover of the E-Plus Group.
Investment bank Morgan Stanley reported Friday a profit for the third quarter that nearly doubled from last year, reflecting double-digit revenue growth amid strong performance in institutional securities and wealth management. Both earnings per share and quarterly revenues topped analysts' expectations.
Following the recovery seen over the course of the previous session, stocks seem likely to extend the upward move in early trading on Friday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 180 points.
Diversified technology company Honeywell International, Inc. reported Friday a profit for the third quarter that increased 18 percent from last year, reflecting improved margins and sales growth. Earnings per share and quarterly sales topped analyst expectations. The company also raised the low-end of its earnings and revenue guidance range for full-year 2014.