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Stock Market & Financial Investment News

News Breaks
December 13, 2012
07:36 EDTAPC, TROXJefferies says $2B-$3B verdict would be bullish for Anadarko
Jefferies notes closing arguments concluded yesterday in Tronox's (TROX) case against Anadarko (APC). The firm says one of court's questions implied $2B-$3B would be the minimum acceptable to the U.S. for clean-up. Jefferies believes a judgment against Anadarko in this price range would be a bullish outcome as it estimates at least $4B is priced into Anadarko shares.
News For APC;TROX From The Last 14 Days
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May 24, 2013
08:17 EDTTROXTronox and Mtunzini Conservancy reach settlement on Fairbreeze mine dispute
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May 23, 2013
07:31 EDTAPCSenate Energy & Natural Resources Committee to hold a forum
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May 22, 2013
07:30 EDTAPCUBS to host a conference
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May 20, 2013
07:41 EDTAPCMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:05 EDTAPCChesapeake names Anadarko's Lawler as CEO
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May 19, 2013
13:00 EDTAPCEnergy Departmant authorizes second proposed facility to export LNG
The Energy Department announced on Friday that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, Freeport, to export domestically produced liquefied natural gas, LNG, to countries that do not have a Free Trade Agreement, FTA, with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval to export LNG from this facility to FTA countries on February 10, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 1.4 billion cubic feet of natural gas a day, Bcf/d, for a period of 20 years. The Department granted the first authorization to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d. Reference Link
May 15, 2013
17:26 EDTAPCThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
17:18 EDTAPCBP Capital gives quarterly update on stakes
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16:16 EDTTROXGates Capital Management reports 7.7% passive stake in Tronox

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