An icy rain is pelting about 30 protesters who’ve converged at the gate of a natural gas drilling site near Manchester, England. On the other side of a fence topped with razor wire, a 10-story-high rig is boring into shale to determine if it’s suitable for hydraulic fracturing, or fracking. The demonstrators unfurl a banner: “Fracking will poison our children.”
Torotrak Plc, a U.K. maker of vehicle transmission systems, rose as much as 21 percent after Allison Transmission Holdings Inc., a former General Motors Co. unit, agreed to renew a license and increase its stake.
Jana Partners LLC, the activist shareholder that has agitated for changes in four energy companies since 2011, said “numerous partners” are interested in a “strategic transaction” that would result in the breakup of oil and natural gas producer QEP Resources Inc.