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Stock Market & Financial Investment News

News Breaks
June 12, 2014
06:59 EDTXOM, APCAnadarko takeover by Exxon Mobil unlikely, says JPMorgan
JPMorgan believes an Anadarko (APC) takeover by Exxon Mobil (XOM), as rumored during the trading day yesterday, is not likely. The firm notes that Anadarko listed its net asset value in March at above $140 per share. As such, the firm thinks management could require a premium to the NAV in a corporate takeover. JPMorgan believes a more likely scenario is Anadarko undertaking accretive transactions, including the monetization of assets. It has an Overweight rating on the stock.
News For APC;XOM From The Last 14 Days
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November 18, 2014
18:26 EDTXOMKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
07:12 EDTXOMBloomberg / Mayer Brown to co-host a conference
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November 13, 2014
15:19 EDTAPCOne Halliburton employee dead, two hurt after accident, Denver Post reports
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November 12, 2014
07:31 EDTAPCBofA/Merrill to hold a conference
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November 10, 2014
15:43 EDTAPCAmerican Petroleum Institute to hold a conference
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