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Stock impact report

Deadly US Oil Blast Exposes Risks of Pushing Profits Over Safety [BNN Bloomberg (Canada)]

Mistras Group Inc (MG) 
Last mistras group inc earnings: 11/4 05:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.mistrasgroup.com
Company Research Source: BNN Bloomberg
Stranded on a metal platform, he and a colleague crouched low as black smoke engulfed them. “I couldn't see my coworker,” Guillen said. “I couldn't even see the sun.” When the men were finally able to scramble down three flights of cage ladders — the soles of their boots liquefying on the hot metal — they emerged with burns on their wrists, hands, faces and ears. “I saw my coworker's nose basically melt off,” said Guillen. They were relatively lucky. Scott Higgins, a 55-year-old machinist, burned to death. It was the Texas refinery's worst tragedy since 2005, when an explosion killed 15 and injured scores more. The source of the blast was a leaking pump that the company had identified as needing maintenance, according to an internal Marathon investigation shown to refinery workers and described to Bloomberg. But the work, along with other vital upkeep, got pushed back amid the company's drive to maximize production. Marathon, the largest fuel producer in the US, had for two ye Show less Read more
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