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Stock Market & Financial Investment News

News For LEAP;XOM;BP;NOV;WYNN;ENDP;CIEN;ETH;IPAR;NDAQ;EZPW;CME;CLWR;ADBE From The Last 14 Days
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February 22, 2015
15:59 EDTENDPValeant to buy Salix for $10.1B, FT says
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11:59 EDTBP, XOMUSW to expand ULP oil strike
The United Steelworkers, USW, announced that it will expand its unfair labor practice strike, ULP, by launching a work stoppage tonight at midnight at the Motiva Enterprises refinery in Port Arthur, Texas. This refinery, a 50-50 joint venture between Shell Oil Company and Saudi Refining, produces more than 600,000 barrels per day. In addition, 24 hour strike notices were delivered at Motiva’s two Louisiana refineries in Convent and Norco as well as at the Shell Chemical plant in Norco. Capacity at these facilities is 235,000 and 238,000. These refineries are also jointly operated by Royal Dutch Shell and Saudi Refining, Inc. of Saudi Arabia. “The industry’s refusal to meaningfully address safety issues through good faith bargaining gave us no other option but to expand our work stoppage,” said USW International President Leo W. Gerard. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
February 20, 2015
17:09 EDTXOMExxon Mobil awarded $1.01B government contract for aviation turbine fuel
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09:17 EDTENDPEndo price target raised to $101 from $86 at Goldman
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08:21 EDTENDPSummer Street still feels Endo could acquire BioDelivery Sciences
Summer Street reiterated its belief that Endo (ENDP) could acquire BioDelivery Sciences (BDSI), its partner on multiple products. The firm says scripts for BioDelivery's Bunavail continue to trend in the right direction. It reiterates a Buy rating on the stock with a $25 price target.
07:37 EDTBPU.S. judge rejects BP request for lower fine per barrel, Reuters says
U.S. District Judge Carl Barbier has rejected BP's request for a maximum fine of $3,000 per barrel, upholding the maximum penalty of $4,300 per barrel, reports Reuters. The decision means the total fine for BP could reach $13.7B, though it is still unclear when a final decision will be reached. BP spokesman Geoff Morrell stated the company is considering its legal options. Reference Link
February 19, 2015
16:34 EDTENDPAmerican Medical Systems enrolls 1,000th patient in PROPPER registry
American Medical Systems, or AMS, a subsidiary of Endo International, announced the enrollment of the 1,000th patient in the largest prospective, multi-year, global registry study of penile prosthetic outcomes in the world. The study, entitled PROPPER, or Prospective Registry of Outcomes with Penile Prosthesis for Erectile Restoration, is sponsored by AMS and is being conducted by a team of experienced urologists at 11 North American sites. It aims to better characterize real-world patient satisfaction and other outcomes among men who are receiving prosthetic implants to treat their erectile dysfunction. All patients enrolled in the registry will be implanted with penile implants manufactured by AMS, the majority of whom will receive the three piece inflatable penile prosthesis, the AMS 700.
06:58 EDTXOM, BPU.S. oil prices tumble after inventory data released, Reuters says
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06:13 EDTENDPEndo resumed with a Buy at Citigroup
Price target raised to $98 from $87.
February 18, 2015
13:02 EDTXOMExxon Mobil experiences 'incident' at California refinery, ABC News reports
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10:05 EDTNOVOn The Fly: Analyst Initiation Summary
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09:01 EDTCIENCiena names Marcus Starke as Chief Marketing Officer
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06:56 EDTNOVNational Oilwell initiated with an Underperform at BMO Capital
Target $52.
06:41 EDTXOMExxonMobil Australia 'well positioned' to pursue acquistions, Reuters reports
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06:32 EDTNDAQBATS Global Markets to replace CEO ahead of possible IPO, WSJ says
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February 17, 2015
17:29 EDTNOV, XOMBerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
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17:02 EDTENDPSoros Fund Management gives quarterly update on stakes
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08:39 EDTBPBP to hold a webcast on energy outlook
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06:58 EDTXOM, BPBrent oil reaches $62 per barrel, Reuters reports
Driven higher by Middle East turbulence, the price of brent crude oil reached $62 per barrel today, close to its 2015 high, according to Reuters. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
February 15, 2015
16:32 EDTXOMInvestors should avoid Exxon, Chevron, ConocoPhillips, Shell, Barron's says
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