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Stock Market & Financial Investment News

News For CBI;RDS.A;WOPEY From The Last 14 Days
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September 2, 2015
13:18 EDTRDS.ACourt says Shell, Exxon must pay Groningen earthquake compensation, WSJ says
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08:00 EDTCBICB&I awarded contract for LACC ethane cracker project
CB&I announced it has been awarded an early works contract by LACC, LLC, a joint venture between Axiall Corporation and Lotte Chemical Corporation, to provide additional detailed engineering and early procurement services associated with the proposed LACC Ethane Cracker Project in Lake Charles, Louisiana. This new scope of work follows CB&I's previous supply of its proprietary ethylene technology and front-end engineering design services to LACC.
September 1, 2015
10:04 EDTRDS.AOn The Fly: Analyst Upgrade Summary
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08:02 EDTCBICB&I awarded storage sphere contracts in excess of $70M
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06:52 EDTRDS.ARoyal Dutch Shell upgraded to Buy from Hold at HSBC
HSBC upgraded Royal Dutch Shell to Buy citing valuation and a 7.4% yield, low dividend risk, and favorable guidance on costs and capex.
August 31, 2015
08:03 EDTCBICB&I announces expansion award for Sunoco's Mariner East 2 project
CB&I announced it has been awarded a contract valued at approximately $300M by Sunoco Partners Marketing & Terminals, LP for the expansion of the Marcus Hook Industrial Complex in Marcus Hook, Pennsylvania. The award is part of Sunoco's Mariner East 2 project. The scope of work includes the engineering, procurement, fabrication and construction of four large low-temperature tanks that will be used for the storage of refrigerated ethane, butane and propane. CB&I previously announced it is providing an ethane and propane tank for the complex as part of the Mariner East 1 project.
August 26, 2015
12:47 EDTRDS.AOn The Fly: Top stock stories at midday
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10:57 EDTRDS.AEuropean oilfield service names boosted by M&A speculation, says JPMorgan
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August 24, 2015
09:45 EDTRDS.AOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
08:13 EDTRDS.ARoyal Dutch Shell upgraded to Buy from Hold at Jefferies
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August 23, 2015
17:49 EDTRDS.AIran to increase oil production as BP, Shell express interest, Bloomberg says
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August 21, 2015
12:23 EDTRDS.AJim Chaos says he doesn't like Chevron, Royal Dutch Shell
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August 20, 2015
06:10 EDTRDS.AAuction for drilling leases attracts little interest, NY Times reports
A federal auction for drilling leases in the Gulf of Mexico Wednesday attracted only $22.7M in sales from five companies, the lowest since 1986, reports the New York Times. Most companies have insisted they would not sacrifice production in future years, but executives have recently expressed concern that the oil price collapse could last through 2016 and possibly even 2017. 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
August 19, 2015
08:02 EDTCBIChicago Bridge & Iron awarded $60M contract with U.S. Army Corps of Engineers
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