canada

The wildfires are affecting around 35,000 barrels of oil a day as well as production. Nunns stated that about half of the shut-down facilities are ready to restart, and all of them will be ready by the end of June.

Penn West Petroleum Ltd. (NYSE: PWE) expects a hit on its cash flow from wildfires that are still blazing through northern Alberta, Canada. The company's chief operating officer Murray Nunns stated at a conference Monday that they

This is what's in the news for Tuesday, May 31st. the Wall Street Journal reports that the Pentagon has concluded that computer sabotage coming from another country can constitute an act of war, a finding that for the first time o

"Less than two years ago, we made a commitment to repay the U.S. and Canadian taxpayers in full and today we made good on that promise," Chrysler and Fiat CEO Sergio Marchionne said in a statement today.

Mr.

Chrysler said today it has fully repaid the U.S. and Canadian governments, more than six years earlier than it was required to, making final payments of $5.9 billion to the U.S. Treasury and $1.7 billion to the governments of Cana

China's inflation held steady at 4.9% in February, above the government's target of 4% and the 4.8% increase expected in estimates compiled by FactSet Research, according to Marketwatch.com. Weaker-than-expected Canadian jobs data

Chairman, President and CEO Matt Emmens said, "Vertex enters 2011 in a strong financial position as we prepare for the planned launch of telaprevir.

Vertex Pharmaceuticals (NASDAQ:VRTX) reported a Q4 loss of 90 cents per share, narrower than the consensus estimate of 93-cent per share loss. Revenue totaled $65.5 million and bested the Street estimate of $36.6 million.