Unwinding

Senate Agriculture Chair Defends Provision Spinning Off Swap Desks

The Senate Wednesday passed by a wide margin a Democratic-Republican amendment that resolves a number of key financial reform issues, including the unwinding of systemically significant financial companies that are on the verge of collapse, but it did not address derivatives trading.

May 6, 2010

Williams’ Earnings Fall 96%, Full-Year Forecast Rises on E&P, Pipe, Midstream

Soaring fuel prices, which slashed the value of unwinding energy trading contracts collapsed Williams’ 3Q earnings by 96%, the company reported Thursday. However, the Tulsa-based company raised its profit forecast for the year on the continued strong performances of its other three major business units: exploration and production (E&P), natural gas pipelines and midstream processing.

November 7, 2005

Williams’ 3Q Earnings Fall 96%, but Full-Year Forecast Rises on E&P, Pipe, Midstream Performance

Soaring fuel prices, which slashed the value of unwinding energy trading contracts collapsed Williams’ 3Q earnings by 96%, the company reported Thursday. However, the Tulsa-based company raised its profit forecast for the year on the continued strong performances of its other three major business units: exploration and production (E&P), natural gas pipelines and midstream processing.

November 4, 2005