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Stock Market & Financial Investment News

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August 30, 2013
08:49 EDTAPA, SNPApache 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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April 9, 2014
10:06 EDTAPAOn The Fly: Analyst Downgrade Summary
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06:55 EDTAPAApache downgraded to Hold from Buy at Deutsche Bank
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06:01 EDTAPAApache downgraded to Hold from Buy at Deutsche Bank

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