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Stock Market & Financial Investment News

News Breaks
December 10, 2012
02:12 EDTCEO, IMO, NXY, CVE, SU, CNQCanada won't easily approve future oil sands deals, Fox Business says
Although the Canadian government approved the Nexen (NXY) Cnooc (CEO) deal, Canada also stressed that future approaches by state-owned entities like Cnooc and Petronas will face more scrutiny, "and they have been all but barred from further oil-sands investment." says Fox Business, adding that Prime Minister Stephen Harper said approval of these types of deals will in the future be rare. Reference Link
News For CNQ;CVE;IMO;SU;NXY;CEO From The Last 14 Days
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February 8, 2016
19:49 EDTSUCanadian Oil Sands replaces CEO after Suncor wins over shareholders
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February 7, 2016
14:40 EDTSUSuncor says COS holders tender 73% of shares, extends offer to February 22
Suncor (SU) announced Friday that approximately 72.9% of Canadian Oil Sands (COSWF) shares, equating to roughly 353.3M common shares, and accompanying rights have been tendered to Suncor's offer. All shares tendered were held by independent shareholders as such term is defined by Canadian Oil's shareholder rights plan. Suncor has extended its offer to February 22. Further extensions are not anticipated, the company noted. Based on the closing trading price of Suncor's common shares on the Toronto Stock Exchange on February 5, the offer represents an implied acquisition price of C$8.93 per share. Suncor will complete a subsequent acquisition transaction to acquire the remaining shares. All shares that remain outstanding will be acquired at the same price of 0.28 of a common share of Suncor. Suncor intends for the offer and the subsequent acquisition transaction to be treated as a reorganization for U.S. federal income tax purposes. If the offer is so treated, a U.S. resident Canadian Oil shareholder generally will not recognize gain or loss for U.S. federal income tax purposes on the exchange. Reference Link
February 4, 2016
14:29 EDTSUSuncor CEO sees being able to protect dividend
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February 3, 2016
20:07 EDTSUSuncor, Canadian Oil Sands reach agreement for COS board support
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20:04 EDTSUSuncor reports Q4 operating EPS (2c), consensus 13c
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14:48 EDTSUNotable companies reporting after market close
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05:08 EDTSUSuncor reminds Canadian Oil Sands holders to tender shares by Feb. 5 deadline
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February 1, 2016
05:34 EDTCEOCNOOC announces two new projects commence production
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