Jessica Seaman

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Acxiom reports 3Q loss of $1.4M

Outcome misses analysts’ forecast

Subscriber onlyAcxiom Corp. recorded a loss of $1.4 million for its fiscal 2016 third quarter, missing analysts' estimates. Continue reading...

Murphy USA set to sell pipeline

Buyer unnamed; 4Q profit $66.7M

Subscriber onlyMurphy USA Inc. said Wednesday that the company will sell a pipeline system for about $85 million to an undisclosed buyer. Continue reading...

Murphy USA's Plan B emerges after Wal-Mart ends agreement

Murphy USA Inc. anticipated for some time that Wal-Mart Stores Inc. would end its agreement to build future fuel stations, the company's CEO said Wednesday. Continue reading...

Murphy Oil cuts capital budget 62%

Subscriber onlyMurphy Oil Corp. on Wednesday became the latest U.S. energy company to cut its capital budget for 2016 as the prolonged slump in oil prices continues to curtail investment in the industry. Continue reading...

Breakup of Murphy USA, Wal-Mart seen fueling gas rivalry

Subscriber onlyThe future break between Murphy USA Inc. and Wal-Mart Stores Inc. on new fuel stations increases the odds that the two will become competitors as they expand to new markets, an analyst said Tuesday. Continue reading...

Shale-gas firm to lay off 600 in Arkansas

Southwestern Energy to let 40% go in U.S. as prices fall

Subscriber onlySouthwestern Energy Co., in announcing extensive workforce reductions nationwide, said Thursday that it will lay off 600 employees in Arkansas -- about 50 percent of its workers in the state -- as the company grapples with plunging natural-gas prices. Continue reading...

Glut lasts into '16; cheap oil lingering

Inventories push barrel under $30

Subscriber onlyThe global oil glut -- more than a year old -- is showing no signs of abating as the world remains overflowing with crude. Continue reading...

Oil prices fall again, closer to $30 a barrel

China worries lead to oil price drop

Subscriber onlyFrances Wage of Lowell said the lower gas prices give her more freedom on when to fill up. She was putting gas in her Ford pickup Thursday at the Kum & Go at 816 W. Monroe Ave. in Lowell. Continue reading...

CS&L acquiring fiber-network builder

Subscriber onlyCommunications Sales & Leasing, Inc. is buying a company that provides infrastructure for telecommunications carriers in a $409 million deal, the company announced Thursday. Continue reading...

Lower oil prices likely, experts say

Crude spikes, then retreats over two nations’ tensions

Subscriber onlyEscalating tension between Saudi Arabia and Iran means the quarreling governments are likely to use economic tactics that will lead to even lower oil prices, experts said Monday. Continue reading...

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