Politicker.com -- Oklahoma News

[The Journal Record] Home prices may rise due to falling rate of new plats

Thu, 06 Aug 2009 00:00:00 -0400

Developers have fewer new subdivisions in the works, which could be good news for home sellers.

[The Journal Record] Matrix profits up 42.9 pct for year, down 24.7 pct for quarter

Thu, 06 Aug 2009 00:00:00 -0400

Matrix Service finished fiscal 2009 with a 42.9-percent rise in net income, overcoming a 24.7-percent drop in fourth-quarter profits.
While both results met Wall Street expectations, Matrix shares endured a roller-coaster ride Tuesday that ended with a 1.3-percent gain, only to give it back in after-hours trading.

[The Journal Record] Dollar Thrifty Automotive Group profits rise 14.8 percent

Thu, 06 Aug 2009 00:00:00 -0400

Shares of Dollar Thrifty Automotive Group jumped 8 percent in after-hours trading Tuesday following a 14.8-percent profit surge by the struggling vehicle rental company. “Obviously investors were hungry for Dollar Thrifty,” said Tulsa securities analyst M. “Jake” Dollarhide, noting these shares have risen more than 1,100 percent this year. “They wanted to know not only if Dollar Thrifty would survive but whether they would do well against competitors. Obviously they’re giving investors exactly what they want to hear.” After Wall Street’s regular session closed, Tulsa-based Dollar Thrifty posted second-quarter net income of $12.4 million, or 55 cents per diluted share, up from $10.8 million, or 49 cents, the prior year.

[The Journal Record] Oneok Partners earnings drop; Oneok Inc. tops expectations

Thu, 06 Aug 2009 00:00:00 -0400

Earnings for Oneok Partners dropped 36.8 percent in the second quarter, its revenues off 34.8 percent in the face of dramatically lower commodity prices.

[The Journal Record] GMX to sell Endeavor Pipeline assets

Thu, 06 Aug 2009 00:00:00 -0400

GMX Resources on Tuesday announced a letter of intent to sell an interest in its Endeavor Pipeline assets to Houston-based Kinder Morgan Tejas Pipeline for $40 million.

[The Journal Record] Partners around the clock

Thu, 06 Aug 2009 00:00:00 -0400

Jeff and Sharon Byers now happily share a law practice, but Jeff had some initial concerns about a married couple working together as lawyers.

[The Journal Record] Chesapeake CEO: Rig counts, gas prices to increase

Thu, 06 Aug 2009 00:00:00 -0400

Chesapeake Energy Corp. CEO Aubrey McClendon said Tuesday that he expects natural gas rig counts and prices to rebound significantly within the next year.

[The Journal Record] Creating the perfect ball

Thu, 06 Aug 2009 00:00:00 -0400

The thrill of drilling finger holes in a ball might be a little less intense than bowling a perfect 300 game or being inducted into an international sports hall of fame, but there are benefits, too, Anne Marie Duggan said.

[Tulsa World] 'Cash for Clunkers' rebates likely to continue

KEN THOMAS and LAURIE KELLMAN Associated Press — Wed, 05 Aug 2009 13:11:00 -0400

Pressing colleagues to replenish the 'cash-for-clunkers' car purchase program, the Democratic leader of the U.S. warned lawmakers they might miss their August vacation takeoff plans Friday if they do not ...

[Tulsa World] Biden: Recovery plan working

Associated Press — Wed, 05 Aug 2009 05:36:00 -0400

Vice President Joe Biden cited more positive economic data on Tuesday, using it to buttress the Obama administration's argument that its $787 billion stimulus program is doing its job and revving up the ...