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Stock Market & Financial Investment News

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February 12, 2013
17:30 EDTALJAlon USA Energy requests withdrawal of registration statement
Alon USA Energy requests that its Registration Statement on Form S-3 (File No. 333-183446), originally filed with the SEC on August 21, 2012, be withdrawn, with such withdrawal to be effective as of the date hereof or as promptly as practicable pursuant to Rule 477 under the Securities Act of 1933, as amended. The company is requesting withdrawal of the Registration Statement because the selling stockholder named in the Registration Statement has informed the company that it will not proceed with the sale of securities covered. The company confirms that the Registration Statement was not declared effective and no securities were sold pursuant to it.
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April 8, 2014
07:52 EDTALJRefiners 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.

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