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Stock Market & Financial Investment News

News Breaks
February 11, 2013
11:38 EDTBP, DOWFreeport LNG signs 20-year liquefaction tolling agreement with BP
Freeport LNG announced that it had entered into a binding 20-year Liquefaction Tolling Agreement with BP (BP) for 4.4 million tons per annum, equivalent to the production capacity of the second train of Freeport LNG's proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas. The LTA with BP will commence upon completion of construction of the second liquefaction train, Freeport said. Freeport LNG Expansion is a wholly owned subsidiary of Freeport LNG Development, which has four limited partners, including a wholly owned subsidiary of The Dow Chemical Company (DOW).
News For BP;DOW From The Last 14 Days
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August 22, 2014
06:39 EDTBPBP drops $9.3B on fuel stations, exploration in Australia, Bloomberg says
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August 14, 2014
16:27 EDTDOWBerkshire Hathaway reports 6.0% passive stake in Dow Chemical
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12:01 EDTDOWThird Point gives quarterly update on stakes
NEW STAKES: Rackspace (RAX), Finisar (FNSR), Amgen (AMGN), Ally Financial (ALLY), and AstraZeneca (AZN). INCREASED STAKES: Dollar General (DG) and Dow Chemical (DOW). DECREASED STAKES: FedEx (FDX), Hertz (HTZ), T-Mobile (TMUS) and Intrexon (XON). LIQUIDATED STAKES: Google Class A (GOOGL), Verizon (VZ) and Mondelez (MDLZ).
August 11, 2014
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.
August 8, 2014
13:53 EDTDOWDow Chemical sodium division could sell for $200M, Reuters reports
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