Wall Street up on energy shares after Japan quake

Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered... 

Alcoa Among Thought Leaders Featured in a “Lessons Learned” Publication on Environmental Leadership

Alcoa’s was among a select group of thought leaders featured in the inaugural edition of Insider Knowledge Report, a compilation of lessons learned from corporate environmental, sustainability and energy decision-makers. The report was published by Environmental Leader, the on-line source for energy and environmental business news. Alcoa’s approach... 

S&P 500 eyes best week in nine

Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks. Signs of improvement in the economy and strong corporate earnings have propelled stock prices but tapering volume, meager gains and declining numbers of... 

Wall Street set to open higher on earnings, M&A

U.S. stocks were set for a higher open on Monday as merger activity and solid earnings, including Exxon Mobil, overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East. Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which would create the second largest... 

Market flat, pares losses from jobless claims

U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil. Contributing to the weakness was a sharp drop in shares of Merck on disappointing drug trial news. The drugmaker was the biggest percentage decliner on the S&P 500. Weekly initial claims for unemployment benefits... 

Market slips on bank worries, lackluster jobs data

Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report. Even with the decline, however, the S&P 500 and Dow recorded their sixth straight week of advances. The market has proved resilient despite expectations that stocks were due for a... 

LGG Challenges Businesses to Make Carbon Emissions a Thing of the Past

The creators of software that automatically purchases carbon credits to offset a computers emissions have extended a challenge to businesses to play a major part in cutting carbon emissions worldwide. The Zero Carbon Computing Challenge (ZCCC), launched by the creators of the Little Green Genie, are encouraging businesses to spread the word about zero... 

Overseas Shipholding Group Announces New $500 Million Credit Facility for FSO Project

Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, together with Euronav NV (EURONEXT BRUSSELS: EURN) announced today a $500 million senior secured term loan to finance the acquisition of TI Asia and TI Africa by joint venture companies owned equally by Euronav and OSG and the conversion of... 

SolarWorld to Showcase High-Capacity Technologies at Solar Power International

SolarWorld, a world leader in high quality solar power technology, today announced it will exhibit at this year’s Solar Power International event — the United States’ largest and most prestigious solar conference and exhibition. SolarWorld is located in booth #1613 and will be sharing information on its expansions in production, green... 

Exelon Recognized for Sustainability and Climate Change Leadership

In recognition of Exelon Corporation’s leadership in disclosing climate change risks and opportunities, the Carbon Disclosure Project (CDP) ranked it the top U.S. utility on the 2008 Carbon Disclosure Leadership Index (CDLI). This is Exelon’s fourth consecutive year on the CDLI. In addition, the company recently was included in the Dow Jones Sustainability...