Bankruptcy And Debts

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CALGARY _ The chief executive of Husky Energy Inc. (TSX:HSE) said he expects to see immediate returns once the company`s $5.5 billion joint venture with Britain`s British Petroleum starts up this quarter.Under the deal announced in December, Husky would acquire a 50 per cent stake in a BP refinery in Toledo, Ohio and BP would take the same share of Husky`s Sunrise oilsands property northeast of Fort McMurray, Alta."Husky will receive immediate revenue and cash flow from the Toledo facility,`` .. click here.

They said:

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The way that Governor Mitch Daniels talked during his State of the State address, you would have thought that the entire state of Indiana had somehow transplanted itself into economic development nirvana. As it turns out, the world beyond those rose-colored glasses isn't nearly as uplifting. And worse yet for legislators -- and more notably the Governor -- Sen. Luke Kenley signaled today that efforts to enact property tax restructuring may suffer.State revenue was $28.7 million less last month ..Read the rest of this post.

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