Comprehensive Real-Time News Feed for Irving, TX.
Results 1 - 7 of 7 for "u:canadianbusiness.com" in Irving, TX
US Foods Holding Corp. shares rose more than 8 per cent Thursday, a day after raising more than $1 billion by selling 44.4 million shares at $23 per share. It plans to use proceeds from the offering to pay down debt and for general corporate purposes. Comment?
The SEC says a gambler named William Walters received tips and business information about Dean Foods Co. from former Dean Foods director Thomas Davis between 2008 and 2012. Comment?
The Supreme Court will not hear Exxon Mobil's appeal of a $236 million judgment for its use of a gasoline additive that contaminated groundwater in New Hampshire. Exxon Mobil wanted the judgment thrown out because New Hampshire was not required to prove that individual water supplies were contaminated. Comment?
The companies will pursue technology that uses carbonate fuel cells to generate power while capturing carbon dioxide, which scientists say is the most prevalent greenhouse gas responsible for climate change. Exxon's vice-president for research and development, Vijay Swarup, says developing technology to clean up power plants is part of Exxon's strategy to help limit climate change. Comment?
Low oil prices have helped cost Exxon its pristine "AAA" credit rating from Standard & Poor's, a label it held for over six decades. The top "AAA" credit rating from S&P means a company's debt is the safest possible investment. Comment?
The Securities and Exchange Commission has rejected Exxon Mobil's bid to block a shareholder proposal that would require it to disclose how its business will be affected by a 2-degree target limit on global warming. The SEC Office of Chief Counsel said it disagrees with the Irving, Texas-based oil company that the proposal is "so inherently vague and indefinite" that neither shareholders nor Exxon Mobil could be certain what it requires. Comment?
Environmental groups and a senator have appealed a judge's ruling that they can't intervene in the state's $225 million settlement with Exxon Mobil over contaminated gas stations and other sites. The New Jersey Sierra Club, Clean Water Action, Environment New Jersey, the Delaware Riverkeeper Network and state Sen. Raymond Lesniak filed their appeals last week. Comment?
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