Meger

Gold sets new record of $1,143 as dollar falls

kansascity.com (Free subscription) | 11/16/2009

... more buyers piled on as the price kept rising.

"The gains build upon themselves," said Dave Meger, vice president and director of metals trading at Vision Financial Markets.

The ICE Futures US dollar index, which measures the dollar against other currencies, dropped 0.9 percent in afternoon trading. The dollar has weakened consideraby this year as the Federal Reserve kept interest...

Northern Offshore CEO resigns

NewsWatch: Energy (Free subscription) | 11/19/2009

... for oil and natural gas. In 2007 Woolie joined the firm after leaving GlobalSantaFe. It was the meger of GlobalSantaFe and Transocean that let Northern buy two semisubmersible rigs on favorable terms as the merger meant the companies had to divest themselves of some assets, .Woolie recruited a number of former GlobalSantaFe colleagues to join him at Northern, including CFO Michael Dawson,...