April natural gas futures tumbled as traders rushed to cash in on recent gains amid perceptions of market instability Friday. Futures prices at one point had the trajectory of a Saturday morning cartoon character falling off a cliff and traders noted that much of the selling took place late in the session as traders holding gains “bolted for the door.”
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Political, Economic Instability to Put Brakes on Energy M&As
Energy merger and acquisition (M&A) activity in the United States and abroad could face a slowdown in the near term due to the economic and political uncertainty following the Sept. 11 terrorist strikes, according to a report by the Global Energy and Utilities group at PricewaterhouseCoopers.
November 12, 2001
Political, Economic Instability to Put Brakes on Energy M&As
Energy merger and acquisition (M&A) activity in the United States and abroad could face a slowdown in the near term due to the economic and political uncertainty in the wake of the Sept. 11 terrorist strikes, according to a report by the Global Energy and Utilities group at PricewaterhouseCoopers.
November 6, 2001
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