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December 13, 2012
07:36 EDTTROX, APCJefferies 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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July 28, 2014
07:37 EDTAPCAnadarko price target raised to $134 from $122 at Credit Suisse
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July 21, 2014
08:16 EDTAPCFMC Technologies signs agreement to develop susbsea equipment and systems
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July 18, 2014
12:36 EDTAPCPlug Power said to be on list of companies probed by SEC, Probes Reporter says
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10:03 EDTAPCOn The Fly: Analyst Downgrade Summary
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06:01 EDTAPCAnadarko downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Anadarko to Market Perform citing valuation and expectations for lower crude prices throughout the year. The firm keeps a $107 price target for shares.
July 16, 2014
08:03 EDTTROXTronox announces labor agreement with South African unions
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July 15, 2014
11:29 EDTAPCAnadarko rallies after financial transactions, mineral-interest ownership
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