Hints and tips:
...Nearly half of the defaults have occurred in the two sectors, with companies such as Peabody Energy, Energy XXI and Midstates Petroleum all missing interest payments....
...Energy XXI is hardly the first oil producer to have mistimed a major expansion (output increased by half)....
...Standard & Poor’s, the rating agency, has downgraded 19 high-yield oil and gas companies since October, with eight, including Energy XXI, sent deeper into junk territory in January....
...Standard & Poor’s on Friday downgraded the ratings of eight smaller US exploration and production companies, including Swift Energy, Magnum Hunter Resources and Energy XXI....
...dismissal of a lawsuit from Sandoz Inc....
...Banorte and its partner in the deal, Afore XXI, agreed to each shell out $800m to complete the acquisition earlier this year....
...McMoRan Exploration and Energy XXI also gained after the oil and gas producers announced that they had made a large discovery of gas-bearing sands in the Gulf of Mexico....
...Energy XXI was among the first spacs to arrive on Aim late in 2005....
...US sales rose 14 per cent to $1.4bn, spurred by demand for new footwear styles such as the $160 Air Max 360 running shoe and the Air Jordan XXI and Kobe Bryant signature models....
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