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Stock Market & Financial Investment News

News Breaks
March 19, 2014
13:46 EDTBPBP wins 24 lease blocks in Gulf of Mexico, Washington Post reports
The Interior Department announced that BP submitted winning bids for 24 lease blocks in the Gulf of Mexico for a total of $41.6M, Washington Post reports. This was the first sale since 2012 in which BP was able to participate, the paper adds. Reference Link
News For BP From The Last 14 Days
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March 27, 2015
06:37 EDTBPOil retreats after Goldman says attacks won't have much impact, Reuters reports
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06:21 EDTBPShell pulls back on Chinese operations after oil price slump, WSJ says
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March 26, 2015
06:36 EDTBPOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 22, 2015
17:59 EDTBPOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTBPWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTBPOil prices fall again, Reuters reports
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March 19, 2015
07:19 EDTBPKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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March 18, 2015
16:00 EDTBPOptions Update; March 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.20 to 26.10. Option volume leaders: AAPL RAD PBR TWTR FB TSLA CLF BP MGM according to Track Data.
10:03 EDTBPBP call activity attributed to renewed takeover speculation
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09:56 EDTBPRumor: BP strength attributed to takeover speculation
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07:02 EDTBPExterran nominates five new directors to board
Exterran Holdings (EXH) announced that its Board of Directors has nominated the following individuals for election to the Exterran Holdings Board at the Company’s 2015 Annual Meeting of Stockholders on April 28: Anne-Marie N. Ainsworth – former President and CEO of the general partner of Oiltanking Partners, L.P. (OILT); Frances Powell Hawes – independent financial consultant and former CFO of NCI Building Systems (NCS); James H. Lytal – independent energy consultant and former President of Gulfterra Energy Partners LP; Richard R. Stewart- former President and CEO of GE Aero Energy (GE); and Ieda Gomes Yell – Managing Director of Energix Strategy Ltd. and former President of BP Brazil (BP). “In November 2014, we announced a plan to separate Exterran’s international contract operations, international aftermarket services and global fabrication businesses into an independent, publicly traded company in the second half of 2015,” said Mark Sotir, Executive Chairman of the Board. “Our Board has nominated these additional well qualified director candidates in anticipation of certain of Exterran’s directors resigning from the Board at the time of the separation in order to join the board of directors of the new publicly traded company. We have not yet reached a final determination regarding which directors will remain on Exterran’s Board and which directors will join the board of directors of SpinCo at the time of the separation.”
March 17, 2015
09:11 EDTBPBP study criticized by Gulf oil spill trustees, Financial Times says
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08:27 EDTBPBP says environmental assessment shows most spill impact of short duration
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March 16, 2015
11:11 EDTBPOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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March 15, 2015
17:49 EDTBPBP and Egypt in $12B energy deal, Reuters says
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