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Stock Market & Financial Investment News

News Breaks
January 24, 2014
14:18 EDTAEGN, TSOAegion awarded maintenance contracts from Tesoro
Aegion (AEGN) announced that its subsidiary, Brinderson, L.P., has received a long term contract extension for work at the Los Angeles refinery operated by Tesoro Refining & Marketing Company (TSO). In addition, Tesoro renewed its contract with Brinderson for its Golden Eagle refinery in Martinez, California. The combined expected 2014 revenues, pending adherence to all performance and safety criteria per the contracts, are to be approximately $40M, with $20M of incremental revenue in 2014 to Brinderson.
News For AEGN;TSO From The Last 14 Days
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July 21, 2014
16:46 EDTTSOTesoro to launch new petrochemical feedstock project
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July 14, 2014
18:15 EDTTSOOn The Fly: After Hours Movers
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18:02 EDTTSORefiners weak after Valero Q2 guidance misses consensus estimates
Shares of select companies in the oil refinery space are weaker in after-hours trading after Valero, an independent petroleum refining and marketing company, gave second quarter guidance that was lower than consensus estimates. WHAT'S NOTABLE: Valero said it expects Q2 EPS of $1.10-$1.25 versus a consensus estimate of $1.39. PRICE ACTION: Valero shares are lower by $1.70, or 3.4%, to $48.22. OTHERS TO WATCH: Tesoro Corporation (TSO) is down by almost 1%, HollyFrontier Corporation (HFC) is down 0.6%, and Marathon Petroleum Corporation (MPC) is lower by 0.36%.
July 10, 2014
11:22 EDTAEGNKleinwort Benson Investors reports 5.1% passive stake in Aegion
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