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Investors liked what they heard from Royal Dutch Shell (NYSE:RDS-B) concerning the need to contain costs while increasing profits, as Shell said they're increasing their new projects and looking to cut a number of jobs to contain costs. Investors and sharehol...
Energy (Mar 16th, 10)
If Royal Dutch Shell (NYSE:RDS-B) or PetroChina want to successfully acquire Arrow Energy of Australia, they will probably have to increase the offer as high as 55 cents a share to land the company. That would bring the overall valuation of the company to $3.4...
Australia (Mar 12th, 10)
Arrow Energy (ASX:AOE) received bids from state-managed PetroChina and Royal Dutch Shell to be taken over by the energy giants. Based in Queensland, Australia, Arrow Energy produces coal and natural gas. Australia in general has been resistant to doing deals...
Business (Mar 8th, 10)
Thinking their economy is strong enough to weather an interest rate increase, the central bank of Australia increased interest rates to four percent. Some concerns over the raising of interest rates at this time include the sovereign-debt risk from European c...
Australia (Mar 2nd, 10)