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Gas privatisation: Philadelphia freedom
By selling its gas operations for $1.86bn, the utility has an excellent opportunity to shore up the finances of its municipal owner
UPDATE 1-Anadarko Petroleum raises 2014 capex budget by 8 pct
March 4 (Reuters) – Anadarko Petroleum Corp raised its 2014 capital budget by nearly 8 percent and said it would spend about 60 percent of the total on drilling more oil wells onshore in North America.
UPDATE 2-Investor Fairholme wants governance actions at Fannie, Freddie
March 3 (Reuters) – Fairholme Capital Management has sent letters to the boards of U.S. government-controlled Fannie Mae and Freddie Mac seeking corporate governance actions, in a push to let…