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Stock Market & Financial Investment News

News Breaks
March 12, 2013
07:54 EDTMPC, CCC, ARJCalgon Carbon, Starboard Value reach agreement on board seats
Calgon Carbon Corporation announced it has reached an agreement with Starboard Value LP and its affiliates regarding the composition of the Board of Directors. Starboard beneficially owns approximately 9.2% of the outstanding shares of Calgon Carbonís common stock. Under the terms of the agreement, Calgon Carbon will nominate two new independent directors to the 2013 slate of nominees. Louis S. Massimo, former Executive Vice President and COO of Arch Chemicals (ARJ), and Donald C. Templin, Senior Vice President and CFO of Marathon Petroleum Corporation (MPC). Neither is employed by or affiliated with the company or with Starboard. The nominations will be included in the companyís 2013 proxy statement and submitted for stockholder approval at the company's 2013 Annual Meeting, which has been set for May 1.
News For CCC;MPC;ARJ From The Last 14 Days
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August 26, 2015
10:00 EDTMPCOn The Fly: Analyst Upgrade Summary
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07:05 EDTMPCMarathon Petroleum upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Marathon Petroleum to Overweight with a $61 price target. The firm believes Marathon's valuation is too attractive to ignore and the weaker Q2 capture rate was transitory and risks are reflected in shares.
August 24, 2015
09:45 EDTMPCOn The Fly: Analyst Downgrade Summary
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07:24 EDTMPCMarathon Petroleum downgraded to Underperform from Neutral at BofA/Merrill
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