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Stock Market & Financial Investment News

News Breaks
November 13, 2012
06:07 EDTABX, RDS.A, BX, CVX, BP, XOM, GSOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Blackstone Group (BX) agreed to a multibillion-dollar partnership with LLOG Exploration Company LLC, one of the largest closely held offshore oil producers in the U.S., in a deal that extends private equity's dive into the Gulf of Mexico, the Wall Street Journal reports...Goldman Sachs Group (GS) will name the smallest number of executives in more than a decade to join its partnership ranks. The firm is expected to promote about 70 employees to partner, sources say, about a third smaller than in 2010, the Wall Street Journal reports...REUTERS: Euro zone finance ministers suggested that Greece should be given until 2022 to lower its debt/GDP ratio to 120%, but IMF head Lagarde insisted the existing target of 2020 should remain, Reuters reports...Rapid expansion across the energy business over the past decade has seriously leveled the global playing field, leaving the oil "majors" exposed to competition from big oil service firms in areas where they once reigned supreme, Reuters reports...BLOOMBERG: German investor confidence unexpectedly fell in November as the euro area’s debt crisis affected the economic outlook. The ZEW Center for European Economic Research said its index of investor and analyst expectations declined to minus 15.7 from minus 11.5 in October, the first drop since August, Bloomberg reports...Gold discovery rates are decreasing even as exploration spending in the industry reached a record $8B in 2011, says Jamie Sokalsky, CEO of Barrick Gold Corp. (ABX), Bloomberg reports.
News For A;XOM;CVX;ABX From The Last 14 Days
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May 24, 2013
08:32 EDTXOMInterOil Corporation volatility low into talks with Exxon over PNG assets
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08:12 EDTXOMInterOil confirms exclusive talks with ExxonMobil Papua New Guinea
InterOil (IOC) and its joint venture partner, Pacific LNG Group, said they have entered into exclusive negotiations with ExxonMobil Papua New Guinea, a subsidiary of ExxonMobil (XOM), on the development of Petroleum Retention License 15, which comprises the Elk and Antelope fields in the Gulf Province of Papua New Guinea. The transaction has been discussed with the government of PNG and any future agreement will be subject to their final approval, the company added. Items under consideration include: InterOil and Pacific LNG selling ExxonMobil Papua New Guinea Ltd. an interest in PRL 15 that is sufficient to supply gas to develop an additional LNG train at ExxonMobil Papua New Guinea Ltd.'s Konebada site; InterOil and Pacific LNG will be funded to drill additional delineation wells in the Elk and Antelope fields, which will be followed by recertification of the resource; InterOil and Pacific LNG will have the optionality to either independently develop a second LNG project in the Gulf Province that may also use gas from PRL 15 and potentially other discoveries, such as Triceratops, or pursue further development with ExxonMobil Papua New Guinea Ltd.
06:59 EDTXOMExxon Mobil in exclusive talks with Interoil for natural gas assets, WSJ says
Exxon Mobil (XOM) is in exclusive talks with InterOil (IOC) to invest in Interoil's natural gas assets in Papau New Guinea, reports the Wall Street Journal. In a statement confirming the talks, Interoil said it is discussing whether gas from the Elk and Antelope fields would support an expansion of the PNG LNG project or a new gas-export facility. Reference Link
May 23, 2013
06:17 EDTXOMPapua New Guinea’s Oil Search a takeover target, Bloomberg reports
Papua New Guinea’s Oil Search (OISHY) has the fastest revenue growth in the oil industry and now may be attracting a number of suitors, from Exxon Mobil (XOM) to Total (TOT) to Woodside Petroleum (WOPEY), reports Bloomberg. Reference Link
May 21, 2013
09:42 EDTABXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:33 EDTABXBloomberg LINK to host a summit
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May 20, 2013
16:02 EDTABXOptions Update; May 20, 2013
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12:20 EDTAOptions with decreasing implied volatility: RFMD TTWO LO DDS A
08:08 EDTCVX, XOMEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
05:40 EDTCVX, XOMU.S. oil futures rally as many commodities decline, WSJ reports
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May 17, 2013
16:00 EDTABXOptions Update; May 17, 2013
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11:59 EDTAOptions with decreasing implied volatility: ILMN LO A HES INFY CSCO
May 16, 2013
11:33 EDTAOptions with decreasing implied volatility: PANL CSC FTK A NVDA
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10:03 EDTABXOn The Fly: Analyst Downgrade Summary
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08:50 EDTABXWorld Gold Council says gold jewelery demand up, total gold demand down in Q1
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08:44 EDTABXBarrick Gold downgraded to Underperform from Neutral at Macquarie
08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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06:03 EDTCVXYPF, Chevron agree to terms of Argentina shale investment, Reuters reports
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May 15, 2013
18:31 EDTCVXEcopetrol submits highest bids for three exploratory blocks in Brazil
Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins.
17:36 EDTABXPaulson gives quarterly update on stakes
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