Feb 26 Oil and natural gas producer Whiting Petroleum Corp posted a quarterly loss on Wednesday as exploration and interest costs jumped.
For the fourth quarter, the company posted a net loss of $59.3 million, or 50 cents per share, compared with a net profit $81.4 million, or 69 cents per share, in the year-ago period.
Revenue rose 25 percent to $720.5 million.
Production rose 17 percent to 100,960 barrels of oil equivalent per day.
GM says ISS advises against Greenlight share plan, board nominees
May 27 General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.
Fairfax Financial to sell 12.2 pct of Indian insurer ICICI Lombard
MUMBAI, May 27 Canada's Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees ($3.15 billion), the Indian company said on Saturday.