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Stock Market & Financial Investment News

News Breaks
March 17, 2013
22:20 EDTCOG, VLO, CARCabot Oil & Gas, Avis Budget, Valero could be the next Apple, Barron's says
Cabot Oil & Gas (COG), Avis Budget (CAR), and Valero Energy (VLO) have been outperforming the S&P 500 and could prove to be the next big momentum stocks, Barron's contends. Reference Link
News For COG;CAR;VLO From The Last 14 Days
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March 5, 2015
07:23 EDTCARJPMorgan to hold a forum
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March 4, 2015
07:14 EDTVLOSimmons to hold a conference
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March 2, 2015
07:15 EDTCARAvis Budget agrees to acquire Maggiore Group for $170M
Avis Budget announced that it has agreed to acquire Maggiore Group, Italy's fourth-largest vehicle rental business. The net purchase price will be approximately $170M, and the transaction is scheduled to close in Q2, subject to customary closing conditions. The acquisition is expected to add approximately $160M of annual revenue and $30M of Adjusted EBITDA to Avis Budget Group, once the two businesses have been fully integrated. Avis Budget expects to fund the acquisition with available cash and/or incremental corporate debt borrowings.
February 27, 2015
12:22 EDTVLOValero Energy Partners acquires certain Valero terminating businesses for $671M
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February 26, 2015
12:50 EDTCARAvis Budget management to meet with MKM Partners
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February 24, 2015
09:38 EDTCOGCabot Oil & Gas upgraded to Accumulate from Hold at Tudor Pickering
07:30 EDTCARJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
February 20, 2015
07:35 EDTCOGCabot Oil & Gas sees FY15 capital budget of $900M, production growth 10%-18%
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07:35 EDTCOGCabot Oil & Gas Marcellus Shale production up 27% to 1,491 Mmcf
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07:34 EDTCOGCabot Oil & Gas reports Q4 production of 151.9 Bcfe
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07:34 EDTCOGCabot Oil & Gas reports Q4 EPS excl items 23c, consensus 22c
Reports Q4 revenue $618.04M, consensus $550.36M
07:31 EDTCOGCabot Oil & Gas reports 36% increase in proved reserves to 7.4Tcfe
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