Enbridge Says it Recovered Most of the Oil From Damaged Pipe

Enbridge Energy Partners (EEP) drained most of the oil from a damaged pipeline that had disrupted imports from Canada.

The 34-inch pipe in Romeoville, Illinois, 30 miles southwest of Chicago, is still shut, with no indication of when it will re-open, Bloomberg News reported. The company said it collected about 6,050 of the 6,100 barrels that leaked.

Sponsored Links

“Enbridge’s schedulers are working…

Continue reading Enbridge Says it Recovered Most of the Oil From Damaged Pipe

Enbridge Says it Recovered Most of the Oil From Damaged Pipe originally appeared on DailyFinance on Mon, 13 Sep 2010 08:53:00.

Filed Under: , , ,

BAE Systems Puts U.S. Component Unit Up for Sale

British defense company BAE Systems (BAESY) hired two banks to sell its U.S. component manufacturing businesses.

The company confirmed Monday that it had hired Wells Fargo (WFC) and JP Morgan (JPM) “to advise on strategic options” regarding its Platform Solutions unit, including a possible sale, Reuters reported.

Sponsored Links

BAE could raise as much as $2 billion by selling part of its North…

Continue reading BAE Systems Puts U.S. Component Unit Up for Sale

BAE Systems Puts U.S. Component Unit Up for Sale originally appeared on DailyFinance on Mon, 13 Sep 2010 08:32:00.

Filed Under: , , , , ,

BAE Systems Puts U.S. Component Unit Up for Sale

British defense company BAE Systems (BAESY) hired two banks to sell its U.S. component manufacturing businesses.

The company confirmed Monday that it had hired Wells Fargo (WFC) and JP Morgan (JPM) “to advise on strategic options” regarding its Platform Solutions unit, including a possible sale, Reuters reported.

Sponsored Links

BAE could raise as much as $2 billion by selling part of its North…

Continue reading BAE Systems Puts U.S. Component Unit Up for Sale

BAE Systems Puts U.S. Component Unit Up for Sale originally appeared on DailyFinance on Mon, 13 Sep 2010 08:32:00.

Filed Under: , , , , ,

HP to Buy Cyber Security Company ArcSight for $1.5 Billion

Hewlett-Packard (HPQ) will purchase cybersecurity software company ArcSight (ARST) for $1.5 billion, or $43.50 a share.

The deal will close by the end of this year, the companies said in a statement.

“The combination of HP and ArcSight will provide…

HP to Buy Cyber Security Company ArcSight for $1.5 Billion

Hewlett-Packard (HPQ) will purchase cybersecurity software company ArcSight (ARST) for $1.5 billion, or $43.50 a share.

The deal will close by the end of this year, the companies said in a statement.

“The combination of HP and ArcSight will provide…