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Odessa American in Odessa, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Apr 12, 2016

Page

3

Hastert may face prison time after banking case

Prosecutors say the Denny Hastert case centers on banking law violations for structuring large cash withdrawals to pay off Individual A to keep silent about abuse. They acknowledge sexual abuse as a core motive but emphasize the legal charge of evading reporting rules and argue for meaningful punishment. The sentencing judge has broad leeway, with a April 27 date in Chicago and a 0 to 6 month guideline range under the plea deal.

Chicago Dennis Hastert Hastert Ilinois High School Thomas M. Durkin Bankings Minnesota Yorkville High Steve Greenberg Greenberg Durkin Ilinois The Chicago Tribune Yorkville

Brown-Forman Unveils Coopers' Craft Bourbon Ahead of Summer Rollout

Brown-Forman Corp announces Coopers' Craft, its first new bourbon brand in 20 years, aging four to six years and bottled at 82.2 proof. The Louisville based maker of Jack Daniel's plans a summer rollout in eight southeastern states before wider distribution, with production at the Shively distillery.

Louisville Jack Daniel Tennessee Kentucky Brown-Forman Corp Coopers’ Craft Southeastern Brown-Forman Chris Morris South Carolina Alabama Louisiana Georgia Mississippi Florida Shively

Chesapeake Energy and National Oilwell Varco Roundup

Chesapeake Energy seeks more collateral and liquidity safeguards with a potential rise in required funds to 750 million if terms fail by year end. Its Oklahoma City shares rose 13 percent to 4.26 amid a 71 percent yearly drop. National Oilwell Varco cuts its quarterly dividend to five cents and forecasts a 20 percent revenue fall to about 2.16 billion as oil prices stay weak. shares fall to 27.51.

Chesapeake Chesapeake Energy Corp Oklahoma City Okla NEW York National Oilwell Varco Inc Clay Williams

Chesapeake Energy Amends Credit Terms. Keeps $4B Facility

Chesapeake Energy shares jumped after the company said it amended terms with lenders while maintaining a $4 billion revolving credit facility. Citi Research noted the move should help the firm ride out a low commodity price environment as it cuts spending and sells assets amid weak oil prices.

New York Chesapeake Energy Citi Research Marisa Moss Chesapeake

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