El Paso Sees $2.7 Bln Drop in Assets
624193
NEW YORK/HOUSTON  - El Paso Corp. EP.N on Monday  disclosed the full damage from its drastic cut in reserves  earlier this year, saying a long-awaited restatement will slash  the value of its oil and gas assets by $2.7 billion.
416628
Output peaked in 2006 and will fall 7% a year while a decline in gas, coal and uranium is also predicted.
641249
The state&#39;s Adult Protective Services agency will get an emergency infusion of $10 million to correct the kinds of problems that have arisen in El Paso.
508596
Real estate wealth is expected decline anywhere from $2 trillion to $4 trillion out of a previous valuation of roughly $21 trillion when the total costs of recent credit crunch are tallied, the New York Times reported on Thursday, citing economists.
45157
With the company's reserves running dry, investors might want to dip into a different well.
146417
Fidelity Investments&#39; flagship equity fund, Magellan, saw assets slip about $496 million in August, to $61.9 billion, primarily a result of investor withdrawals.
1456
Oil prices fell to seven-week lows near &#36;47 a barrel on Wednesday as traders braced for another increase in U.S. oil and gas inventories.
689945
Oil prices dip below $62 a barrel amid mixed signals over the possibility of further production cuts.
480545
Lone Star Funds will recoup almost a third of its original investment in a move that drew divided reaction.
296536
Gold prices plunged on Monday to below  $600 an ounce for the first time in more than two months and  silver lost 8 percent as falling energy prices and a weak  technical outlook sent sell signals to investors.
393431
Oil prices fell to seven-week lows below  $47 a barrel on Wednesday as traders braced for another  increase in U.S. oil and natural gas inventories.
418672
Investigators were expected to question the trader in connection with a $7.2 billion loss at SociÃ©tÃ© GÃ©nÃ©rale.
395993
Sales of new homes dropped to the slowest pace in over seven years, foreshadowing further economic trouble ahead.
199105
Brokerage announces weaker-than-expected results dragged lower by a writedown in the value of some of its assets.
422042
Crude futures fell by more $2 a barrel on Monday as traders anticipated warmer weather in the US Northeast later in the week and responded to weekend snowstorms in the US Midwest that kept motorists off the road.
167367
El Paso Corp. (EP.N: Quote, Profile, Research) on Monday disclosed the full damage from its drastic cut in reserves earlier this year, saying
700484
Drilling contractor Ensco International Inc. on Tuesday said its earnings fell 7 percent in the third quarter on charges from damage caused by Hurricane Ivan and from less use of its deepwater drilling rig during the period.