The accident quickly set off political alarms. Members of the House Committee on Energy and Commerce and two subcommittees told Mariner CEO Scott Josey that they want a briefing on the incident and possible causes by Sept. 10. "This explosion highlights the significant risks associated with offshore drilling, and that much is left to be done to keep America's workers and waters safe from those risks," said Rep. Edward Markey, D Mass., who chairs one of the subcommittees. A spokesman for Houston based Mariner did not return calls seeking comment. 
Share:  The accident quickly set off political alarms. <span class="sent">Members of the House Committee on Energy and Commerce and two subcommittees told <span class="company">Mariner</span> CEO <span class="analyst">Scott Josey</span> that they want a briefing on the incident and possible causes by Sept. 10.</span> "This explosion highlights the significant risks associated with offshore drilling, and that much is left to be done to keep America's workers and waters safe from those risks," said Rep. Edward Markey, D Mass., who chairs one of the subcommittees. A spokesman for Houston based <span class="company">Mariner</span> did not return calls seeking comment. Tweet this   read full story

Shanghai. September 3. INTERFAX CHINA Shandong Iron and Steel Group has signed a second agreement with Rizhao Iron and Steel Group to complete a reorganization of assets, Hong Kong Stock Exchange listed Kai Yuan Holdings Ltd., a 33 percent stakeholder in Rizhao Steel Group, announced Sept. 2. This article is only accessible to Interfax subscribers. To gain access to this article, as well similar in depth articles and industry specific content, please contact our sales staff by telephone (+852 2537 2262) . Start free trial NOW. 
Share:  <span class="sent">Shanghai. September 3. INTERFAX CHINA Shandong Iron and Steel Group has signed a second agreement with Rizhao Iron and Steel Group to complete a reorganization of assets, Hong Kong Stock Exchange listed Kai Yuan Holdings Ltd., a 33 percent stakeholder in <span class="company">Rizhao Steel</span> Group, announced Sept. 2. This article is only accessible to Interfax subscribers.</span> To gain access to this article, as well similar in depth articles and industry specific content, please contact our sales staff by telephone (+852 2537 2262) . Start free trial NOW. Tweet this   read full story

White Deer also has reserved an additional $30 million to invest in PostRock to fund future growth. "We are delighted with White Deer's pending investment and our debt restructuring," PostRock CEO David Lawler said. "The transaction represents the conclusion of a two year effort to restructure and recapitalize the company."During this challenging period, we reduced operating costs, kept our capital projects on budget and maintained a strong production base." 
Share:  White Deer also has reserved an additional $30 million to invest in <span class="company">PostRock</span> to fund future growth. <span class="sent">"We are delighted with White Deer's pending investment and our debt restructuring," <span class="company">PostRock</span> CEO <span class="analyst">David Lawler</span> said.</span> "The transaction represents the conclusion of a two year effort to restructure and recapitalize the company."During this challenging period, we reduced operating costs, kept our capital projects on budget and maintained a strong production base."....The company has retained a broker to sell those Appalachian assets. <span class="sent"><span class="analyst">Lawler</span> said White Deer's investment will give <span class="company">PostRock</span> more flexibility.</span> "With their support, we can now begin to aggressively pursue long term growth opportunities and the creation of meaningful shareholder value," he said. "Specifically, we will seek to become the most efficient producer in our focus area and then start to pursue acquisitions.". Tweet this   read full story

The chain's sales have slowed for two straight years as consumers ate out less during the U. S economic slump. Burger King, which trails only McDonald's Corp in the U. S., has seen a slower recovery than its larger rival as its clientele suffered more from the recession, said Tom Forte, an analyst at New York based Telsey Advisory Group. 
Share:  The chain's sales have slowed for two straight years as consumers ate out less during the U. S economic slump.<span class="sent"> <span class="company">Burger King</span>, which trails only McDonald's Corp in the U. S., has seen a slower recovery than its larger rival as its clientele suffered more from the recession, said <span class="analyst">Tom Forte</span>, an analyst at New York based Telsey Advisory Group.</span> Tweet this   read full story

Following the announcement, international rating agency Moody's announced that it might cut back Burger King's rating as the acquisition is set to substantially deepen its debts. 
Share:  <span class="sent">Following the announcement, international rating agency <span class="analyst">Moody's</span> announced that it might cut back Burger King's rating as the acquisition is set to substantially deepen its debts.</span> Tweet this   read full story

Analysts at Citi Group said the acquisition could offer some tailwind to the plan, but that it would still take Burger King 10 to 15 years before it reaches this mix. 
Share:  <span class="sent">Analysts at <span class="analyst">Citi Group</span> said the acquisition could offer some tailwind to the plan, but that it would still take <span class="company">Burger King</span> 10 to 15 years before it reaches this mix.</span> Tweet this   read full story