Friday, May 11, 2012

Chesapeake May Delay Asset Sales

(CHK) (CHK) jumped to the highest since September 2009 as the driller, which reported an unexpected first-quarter loss, said it may run out of money next year. Credit-default swaps (CHK) on the company jumped 3.3 percentage points to 7.4 percentSaw a note from Bloomberg about a delay in asset sales being the

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