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Stock Market & Financial Investment News

News Breaks
January 29, 2013
18:13 EDTALDWAlon USA Partners to conduct maintenance on Big Spring Refinery unit
Alon USA Partners announced that the partnership's Big Spring, Texas, refinery will undergo maintenance in February, primarily to make repairs to the facility's vacuum tower. While making these repairs, the partnership will also complete a reformer catalyst regeneration and a diesel hydro-treater catalyst replacement that were scheduled to be performed later in the year. Completing this work now will eliminate the planned crude reductions scheduled to occur later in the year and minimize the overall impact on annual throughput. This maintenance is expected to take approximately 10 days to complete. "Our focus is to ensure the work is performed safely and properly while also minimizing downtime," according to Paul Eisman, President and CEO of the general partner of Alon USA Partners, LP. As a result of these activities, total throughput at Big Spring Refinery during the first quarter of 2013 is expected to be reduced to 62,000 barrels per day. However, the impact on total throughput for 2013 is expected to be minimal.
News For ALDW From The Last 14 Days
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October 7, 2014
10:02 EDTALDWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Air France-KLM (AFLYY) upgraded to Overweight from Underweight at JPMorgan... Alcobra (ADHD) upgraded to Outperform at FBR Capital... Alon USA Partners (ALDW) upgraded to Buy from Neutral at Citigroup... Becton Dickinson (BDX) upgraded to Buy from Hold at Stifel... CNOOC (CEO) upgraded at Bernstein... CTC Media (CTCM) upgraded to Buy from Hold at Deutsche Bank... CVR Refining (CVRR) upgraded to Buy from Neutral at Citigroup... CalAmp (CAMP) upgraded to Outperform from Neutral at Macquarie... China Unicom (CHU) upgraded to Overweight from Equal Weight at Barclays... Crown Holdings (CCK) upgraded at Macquarie... Dick's Sporting (DKS) upgraded to Buy from Neutral at Goldman... Fortuna Silver Mines (FSM) upgraded to Outperformer from Sector Performer at CIBC... Franco-Nevada (FNV) upgraded to Buy from Hold at TD Securities... Horsehead Holding (ZINC) upgraded to Outperform from Market Perform at FBR Capital... Ingersoll-Rand (IR) upgraded to Buy from Neutral at Goldman... IntercontinentalExchange (ICE) upgraded to Buy from Neutral at Citigroup... International Paper (IP) upgraded at BofA/Merrill... Leidos (LDOS) upgraded to Neutral from Underperform at Credit Suisse... Lennox (LII) upgraded to Positive from Neutral at Susquehanna... MGM Resorts (MGM) upgraded to Buy from Hold at Deutsche Bank... Natus Medical (BABY) upgraded to Outperform at William Blair... Noodles & Company (NDLS) upgraded to Buy from Hold at Jefferies... Phillips 66 (PSX) upgraded to Buy from Neutral at Citigroup... RockTenn (RKT) upgraded to Buy from Neutral at BofA/Merrill... Smith & Nephew (SNN) upgraded to Hold from Sell at Societe Generale... Sotheby's (BID) upgraded to Buy from Hold at Craig-Hallum... Sun Life Financial (SLF) upgraded to Overweight from Equal Weight at Barclays... WellCare (WCG) upgraded at Sterne Agee... Yamana Gold (AUY) upgraded to Neutral from Underweight at HSBC.
09:12 EDTALDWAlon USA Partners upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Alon USA Partners and other names in the refining space on its belief crude differentials will widen amid growing North American production. Citi raised its price target for shares to $22 from $20.

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