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Stock Market & Financial Investment News

News Breaks
April 8, 2014
07:52 EDTPBF, WNR, DK, VLO, ALJRefiners 2014 EPS estimates raised at Wells Fargo
Wells Fargo significantly raised its 2014 EPS estimates for Alon USA (ALJ), PBF Energy (PBF), Valero (VLO), and Western Refining (WNR) . The firm thinks that the sector is benefiting from better crack spreads and refining utilization so far in Q2, while U.S. exports of refined products jumped 21% year-over-year last quarter. Wells keeps Outperform ratings on PBF and Valero, and Market Perform ratings on Alon USA and Western Refining.
News For ALJ;DK;PBF;VLO;WNR From The Last 14 Days
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August 24, 2015
09:45 EDTVLOOn The Fly: Analyst Downgrade Summary
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07:24 EDTVLOValero downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merill downgraded Valero to Underperform and raised its price target to $68 from $64. The firm believes the Refining sector has reverted to a trading sector and downgrade shares ahead of a seasonal slow-down in demand and a deteriorating macro backdrop.
August 21, 2015
16:09 EDTPBFPBF Energy says Delaware City refinery has unplanned shutdown of FCC unit
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