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Husky Energy falls after ‘tough and noisy’ Q4

Bloomberg Husky Energy Inc. fell the most in nearly five months after posting what its chief executive officer called “tough and noisy” fourth-quarter results, which were hurt by a plunge in Canadian crude prices and a spill in its offshore operations. Net earnings dropped 68 percent from a year earlier, to C$216 million ($164 million), as falling crude and fuel ...

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US grid CEO dismisses fears over coal, nuclear plants shutdown

Bloomberg About 18,000 megawatts of coal and nuclear plants — enough to power 13.5 million homes — are slated to permanently shut across the eastern US grid. And the region still has enough electricity to keep the lights on, according to the chief executive officer of the grid operator. In fact, “we could sustain essentially in the 30,000 megawatt range,” ...

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Nordea sinks as investors fear more laundering allegations

Bloomberg Nordea Bank Abp sank as much as 6.5 percent on Monday ahead of report due to be broadcast this afternoon that will focus on the biggest Nordic lender’s alleged involvement in money laundering. The news appeared to drag down a number of other Nordic bank shares with DNB ASA, Norway’s largest lender, falling as much as 4.6 percent. SEB ...

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