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Stock Market & Financial Investment News

News Breaks
November 28, 2012
05:55 EDTSWFT, SWFT, SWFT, COP, COP, COP, NAV, NAV, NAV, WPRT, WPRT, WPRT, CMI, CMI, CMI, ECA, ECA, ECA, R, R, R, XOM, XOM, XOM, UPS, UPS, UPSAmerican Trucking Association is hosting a summit
ATA Summit on Natural Gas in Trucking is being held in Arlington, Virginia on November 28-30.
News For COP;NAV;WPRT;CMI;ECA;R;XOM;UPS;SWFT From The Last 14 Days
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May 24, 2013
15:13 EDTXOMInterOil negotiations with Exxon Mobil validates the company, says Westlake
Westlake Securities said InterOil's (IOC) exclusive negotiations with Exxon Mobil (XOM) is a major validation of the company and its Elk/Antelope resource. The analyst raised its price target to $130 from $115 as risk of a deal not being reached has been removed. Shares are Buy rated.
09:25 EDTXOMOn The Fly: Pre-market Movers
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08:32 EDTXOMInterOil Corporation volatility low into talks with Exxon over PNG assets
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08:12 EDTXOMInterOil confirms exclusive talks with ExxonMobil Papua New Guinea
InterOil (IOC) and its joint venture partner, Pacific LNG Group, said they have entered into exclusive negotiations with ExxonMobil Papua New Guinea, a subsidiary of ExxonMobil (XOM), on the development of Petroleum Retention License 15, which comprises the Elk and Antelope fields in the Gulf Province of Papua New Guinea. The transaction has been discussed with the government of PNG and any future agreement will be subject to their final approval, the company added. Items under consideration include: InterOil and Pacific LNG selling ExxonMobil Papua New Guinea Ltd. an interest in PRL 15 that is sufficient to supply gas to develop an additional LNG train at ExxonMobil Papua New Guinea Ltd.'s Konebada site; InterOil and Pacific LNG will be funded to drill additional delineation wells in the Elk and Antelope fields, which will be followed by recertification of the resource; InterOil and Pacific LNG will have the optionality to either independently develop a second LNG project in the Gulf Province that may also use gas from PRL 15 and potentially other discoveries, such as Triceratops, or pursue further development with ExxonMobil Papua New Guinea Ltd.
06:59 EDTXOMExxon Mobil in exclusive talks with Interoil for natural gas assets, WSJ says
Exxon Mobil (XOM) is in exclusive talks with InterOil (IOC) to invest in Interoil's natural gas assets in Papau New Guinea, reports the Wall Street Journal. In a statement confirming the talks, Interoil said it is discussing whether gas from the Elk and Antelope fields would support an expansion of the PNG LNG project or a new gas-export facility. Reference Link
May 23, 2013
06:17 EDTXOMPapua New Guinea’s Oil Search a takeover target, Bloomberg reports
Papua New Guinea’s Oil Search (OISHY) has the fastest revenue growth in the oil industry and now may be attracting a number of suitors, from Exxon Mobil (XOM) to Total (TOT) to Woodside Petroleum (WOPEY), reports Bloomberg. Reference Link
May 21, 2013
19:57 EDTCMICummins shares still attractive, Barron's says
Cummins' engines account for 40% of the heavy-duty trucks produced in North America, and though shares of the company have gained 35% since Barron's first highlighted the company in 2011, at 12 times forward earnings, shares of Cummins still look attractive, says Barron's Inside Scoop. Reference Link
16:04 EDTCOPOptions Update; May 21, 2013
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09:33 EDTECABloomberg LINK to host a summit
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07:22 EDTCOPConocoPhillips pulls back on plans to sell oil sand assets, Globe and Mail says
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May 20, 2013
14:49 EDTNAVNavistar appoints Bill Kozek as president North America truck business
Navistar (NAV) announced it has appointed Bill Kozek as president of the company's North America Truck and Parts business. He succeeds Jack Allen, who was promoted to COO last month. Kozek joins Navistar following a 26-year career at PACCAR (PCAR), where he most recently served as vice president and general manager of its Peterbilt Motors.
09:09 EDTRRyder price target raised to $82 from $75 at FBR Capital
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08:08 EDTXOMEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
05:40 EDTXOMU.S. oil futures rally as many commodities decline, WSJ reports
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May 19, 2013
17:56 EDTRRyder shares could see $75, Barron's says
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May 16, 2013
08:49 EDTNAVNavistar sells recreational vehicle business
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08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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May 15, 2013
12:46 EDTCOPConocoPhillips seeing some cost 'softness' that they can benefit from
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08:38 EDTXOMWTI crude falls for a fith consecutive day, Bloomberg reports
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08:02 EDTCOPFMC Technologies awarded $26M subsea equipment order from ConocoPhillips
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