Chavez death fuels uncertainty in Venezuela oil sector
Following Hugo Chavez's death Venezuela faces political uncertainty that could disrupt oil exports, which fell from 3 million to 1.7 million barrels per day between 2000 and 2011. The future PDVSA direction remains unclear as industry decays and foreign investment debate grows. Citgo operates U.S. refineries and discounted heating oil programs amid global price shifts.
MENTIONED IN THIS ARTICLE
Houston
Hugo Chavez
Venezuela
Chavez
OPEC
Petroleos de Venezuela, S.A
PDVSA
Daniel Yergin
Yergin
Exxon Mobil
Exxon
Citgo
U.S
Texas
Louisiana
Illinois
Washington
Vornado sells over 40 percent of JC Penney stake
Vornado Realty Trust confirms it sold 10 million JC Penney shares at 16.03 each, reducing its stake to 6.1 percent while Penney suffers a two thirds value drop in 12 months. Steven Roth remains on Penney's board as chairman and incoming CEO.
MENTIONED IN THIS ARTICLE
Vornado
JC Penney
NEW York
J.C. Penney
Vornado Realty Trust
Securities and Exchange Commission
Deutsche Bank
Penney
Penney’s
Steven Roth
Plano
Ron Johnson
York Mercantile Exchange
St's
NY Harbor
N.Y
Chicago Board of Trade
NYSE
BkofAm
CheniereEn
Delline
NwGoldg
Microsoft
Rentech
Cisco
Osiris
Homeownc
TanzRyg
CTC Media
McEwenm
Mastchh S
Vic
At&t Inc
Merck
Aetna
EkotAmosah
OneokPirs
PNM Res
Boeing
Chevron
Coca Colas
Phillips
VerizonCm
WalMart
WashFed
Fed Beige Book says U.S. economy grows in Jan February
Fed survey shows auto sales and housing gains boost growth across most districts with Boston and Chicago slower. Spending cooled in parts as taxes rise and gas costs pinch. manufacturing and jobs markets improve and payroll firm ADP reports 198000 February hires. The report informs March policy talks.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Fed
Boston
Chicago
Jennifer Lee
BMO Capital Markets
Dow Jones
Conference Board
University of Michigan
Institute For Supply Management
ADP
Also Mentioned on This Page
Iran
Mahmoud Ahmadinejad
San Tome
Meus
Yorkap Aluminum
Ace Andes
Mae
Woro Exch
London
Any & Haman
Handy Harman
Merc
Dow Jones Industrials
Dow Jones Transportation
Dow Jones Utilities
S&p
Wilshire
Russell
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