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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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March 26, 2015
06:36 EDTCVX, XOMOil 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 24, 2015
09:10 EDTADako announces collaboration agreement with Amgen
Dako, an Agilent Technologies (A) company, announced a new Master Collaboration Agreement with Amgen (AMGN). The expanded collaboration will allow both companies to benefit from knowledge-sharing within the field of drug-diagnostic research and development in general, and in relation to companion diagnostic products in particular. The financial details of the agreement were not disclosed.
07:36 EDTXOMWhiting tumbles as stock offering dampens takeover speculation
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07:28 EDTABXGold Fields may be bidder in potential $1B Barrick Gold auction, AFR says
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March 23, 2015
14:36 EDTABXBarrick Gold says Chile court rejects claims Pascua-Lama damaged glaciers
Barrick Gold announced Chile's Environmental Court has ruled that the Pascua-Lama project has not damaged glaciers within the project's area of influence. "The Pascua-Lama team is focused on resolving the project's outstanding legal and regulatory hurdles, completing a new execution plan to optimize remaining construction activities and minimizing ongoing project costs," the company said.
March 22, 2015
17:59 EDTCVX, XOMOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTXOM, CVXWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTCVX, XOMOil prices fall again, Reuters reports
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06:00 EDTABXAgnico Eagle names former Barrick Gold CFO Ammar Al-Joundi as president
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March 19, 2015
09:37 EDTCVXActive equity options trading on open
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08:38 EDTXOMN.J. State Assembly Judiciary Committee to hold a hearing
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07:19 EDTXOM, CVXKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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07:04 EDTXOMAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
09:56 EDTCVXRumor: BP strength attributed to takeover speculation
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08:31 EDTAAgilent names president and COO Mike McMullen as CEO
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06:16 EDTXOMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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March 16, 2015
11:11 EDTXOM, CVXOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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09:26 EDTCVXAtwood Oceanics Atwood Osprey to be out of service for 30 days due to cyclone
Atwood Oceanics (ATW) announced that its semisubmersible drilling unit, the Atwood Osprey, parted several mooring lines and drifted approximately three nautical miles from its original position during Cyclone Olwyn, which impacted the northwest coast of Australia on March 12. The rig is currently stable with a support vessel in position, and preliminary results indicate minimal damage with an estimated maximum of 30 days out of service time for repairs. No rig personnel were injured in the event. The Atwood Osprey is contracted to Chevron Australia (CVX) and was on location at the Iago 1B well. The well had been shut down and secured in accordance with Chevron's cyclone demobilization procedures and the rig had ballasted down and evacuated all its rig personnel in advance of the cyclone. Atwood Oceanics is coordinating its efforts with Chevron, the Australian offshore regulator and other affected parties.
08:06 EDTCVXCB&I awarded technology and FEED contracts for coker unit
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06:01 EDTABXBarrick Gold eyes sale of Chiliean Zaldívar mine, Financial Times reports
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