NEW YORK, February 01, 2013 – CARDIFF INTL INC (OTCQB: CDIF) shares declined 37.65% to $0.0106 in the morning hour. The 52 week trading range for the company is $0.01 - $0.15. The shares of the company fell 47% in the last one year.
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EnCana Corporation (USA) (NYSE: ECA) stock fell 0.88% to $19.19. The company, on Jan. 11, announced that Randall K. Eresman, President & Chief Executive Officer, has informed the Board of Directors that, effective immediately he is retiring from Encana after serving the Company for approximately 35 years. Mr. Eresman will also be retiring from the Board of Directors but he has agreed to stay on as an advisor until February 28, 2013 to assist with the transition.
Clayton H. Woitas, a director of Encana and President and Chief Executive Officer of Range Royalty Management Ltd., has been appointed Interim President & Chief Executive Officer. Mr. Woitas will serve in this role while the Board of Directors conducts a search for a new President & Chief Executive Officer.
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Superior Venture Corp (OTCQB: SVEN) stock gained 3.16% to $0.0098. On January 10, 2013, the Company was informed that their registered independent public accountant, Peter Messineo, CPA, of Palm Harbor Florida ("PM") declined to stand for re-appointment. PM has merged his firm into the registered firm of Drake and Klein CPAs PA.
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Quest Oil Corp (OTCPINK:QOIL) shares is trading at $0.0002 in the early hour. The company, last month, announces a new oil discovery at its Orinoco well in Venezuela. The well was drilled to 2,254 feet and encountered approximately 9 feet of oil pay. The Company is now working on completing the well. In addition, it is currently looking at a production facility where the oil will be produced.
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AMR Corporation (OTCQB: AAMRQ) shares is trading at $1.28 in the morning hour. The company, on Jan. 16, recorded a full year 2012 net loss of $1.9 billion, compared to 2011's full-year net loss of $2.0 billion. Adjusted net loss for 2012 was $130 million, a $932 million improvement over 2011.
Additionally, the company recently reported that they are in final stage of completion of merger with US Airways Group Inc. AMR stakeholders are working to finish all the requirements of this merger. It is expected that deal will complete in 2 weeks. In 2011, AMR Corporation filed for bankruptcy due to high labour cost. Now, as AMR is combining with US Airways, the company management is hopeful that it will make up one of world largest airline.
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