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Stock Market & Financial Investment News

News Breaks
January 10, 2013
07:39 EDTMPC, WNR, ALJDeutsche Bank to host a conference
U.S. Refining 1:1 Conference is being held in Boston on January 10.
News For ALJ;WNR;MPC From The Last 14 Days
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January 22, 2015
16:36 EDTWNRD. E. Shaw & Co reports 5.0% passive stake in Western Refining
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January 21, 2015
07:14 EDTMPCCitgo scraps auction process, to raise debt instead, WSJ reports
The auction for Venezuela’s Citgo Petroleum, which drew interest from Marathon Petroleum (MPC), HollyFrontier (HFC), Valero Energy (VLO) and private equity firms, has been called off, said The Wall Street Journal, citing people familiar with the matter. Citgo will still seek to raise $2.5B in debt at this point and could restart its sales process later, the report added. Reference Link
January 16, 2015
07:40 EDTALJ, MPC, WNRWolfe Research to hold a conference
1st Annual Oil & Gas 1:1 Refining Conference is being held in Boston on January 16.
January 15, 2015
16:47 EDTWNRWestern Refining adds 31 retail locations in Arizona
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January 13, 2015
10:00 EDTMPCOn The Fly: Analyst Downgrade Summary
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07:24 EDTMPCMarathon Petroleum downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Marathon Petroleum to Neutral citing the recent outperformance of shares and its belief retail fuel margins are likely to "come back to earth" once crude prices bottom. The firm lowered its price target for shares to $97 from $104.

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