Energy shares are higher in late trading as crude futures finish
above $100 a barrel. Light, sweet crude oil for April delivery
finished up 3.5%, or $3.44 to $101.42 a barrel. In metal ETFs, SPDR
Gold Trust (
) is up 0.04% to $136.33. Market Vectors Gold Miners (
) is down 1.86% to $55.43. iShares Silver Trust (
) is down 0.62% to $33.40. In late-session energy news, shares of
Quicksilver Energy (
) are slipping more than 4% after members of the Darden family
announced that they had determined not to further pursue a take
private transaction of Quicksilver resources at this time.
Meanwhile, Wabash National (
) announced today that it has entered into an exclusive, five-year
agreement to manufacture frac tanks for Indiana-based Sabre
Manufacturing. WNC will be investing about $2.5 million and adding
up to 200 jobs to support the new manufacturing initiative.
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