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Stock Market & Financial Investment News

News Breaks
February 13, 2014
05:42 EDTTROX, APCTronox creditors against lower Anadarko Kerr-McGee damages, Businessweek says
A trust for creditors of Tronox (TROX) told a bankruptcy judge that Anadarko Petroleum (APC) and its Kerr-McGee unit should face $20.8B in environmental cleanup claims and and not be allowed to reduce the amount to $850M, reports Bloomberg Businessweek. Reference Link
News For APC;TROX From The Last 14 Days
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November 28, 2014
08:38 EDTAPCAnadarko volatility elevated as crude oil trades lower
Anadarko overall option implied volatility of 36 compares to its 26-week average of 30 according to Track Data, suggesting large price movement.
November 25, 2014
18:13 EDTAPCBlack Hills receives approval for acquisition of certain assets of MGTC
Black Hills (BKH) announced that the Wyoming Public Service Commission approved the acquisition of certain gas transmission and distribution utility assets of MGTC, wholly owned subsidiary of Anadarko Petroleum (APC). The transaction is expected to close by Jan. 1, 2015. Black Hills Corp. is acquiring the MGTC assets in northeastern Wyoming for approximately $6M.

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