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Stock Market & Financial Investment News

News Breaks
August 30, 2013
08:49 EDTSNP, APAApache sale of Egypt stake positive, says Wells Fargo
After Apache (APA) announced that it had sold a 33% stake in its Egypt business to Sinopec (SNP) for $3.1B, Wells Fargo thinks the deal will be positive for Apache's stock, as most on the Street had doubted whether the company could monetize its Egyptian assets, according to Wells. The firm thinks the deal will cause investors to focus more attention on Apache's U.S. assets. It keeps an Outperform rating on the stock.
News For APA;SNP From The Last 14 Days
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March 23, 2015
10:00 EDTAPAOn The Fly: Analyst Downgrade Summary
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08:15 EDTAPAApache downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Apache to Neutral after resuming coverage of the stock and cut its price target for shares to $60 from $74.
March 22, 2015
13:06 EDTSNPSinopec sees global crude oil price to remain weak for foreseeable future
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13:03 EDTSNPSinopec reports FY14 net profit RMB46.5B vs.RMB66.13B in FY13
Reports FY14 revenue RMB2.83T vs. RMB2.9T in FY13.
March 13, 2015
17:33 EDTAPAS&P announces changes to S&P 100 Index
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