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Stock Market & Financial Investment News

News Breaks
July 23, 2014
13:38 EDTVLO, CSTCST Brands poised for big gains, Barron's reports
Since its spin-off from Valero (VLO), CST Brands (CST) has been raising fuel margins and selling a wider mix of higher margin private-label goods and prepared foods. These upgrades are likely to accelerate earnings growth, Barron's reports. Reference Link
News For CST;VLO From The Last 14 Days
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May 27, 2015
06:18 EDTVLOOppenheimer upgrades refiners on favorable fundamentals
Oppenheimer upgraded to Outperform from Perform shares of HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX) and Tesoro (TSO) saying favorable industry fundamentals will continue to support higher valuations. Wide crude differential, low natural gas prices, growing refined product exports and improved petroleum demand should drive shares of refiners higher, Opco tells investors in a research note. The firm also raised its price target for Outperform rated Valero (VLO) to $70 from $65.
06:14 EDTVLOValero price target raised to $70 from $65 at Oppenheimer
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May 26, 2015
20:51 EDTCSTCitigroup to hold a conference
Global Consumer Conference is being held in New York on May 27-28.
May 17, 2015
18:17 EDTCSTImperial Oil begins auction for 500 Esso gas stations, Reuters says
Imperial Oil (IMO) has begun accepting bids for 500 of its Esso retail sites, Reuters reported Friday, citing four sources familiar with the process. The report notes that the assets could be worth over $831M, and sources said CST Brands (CST) has expressed interest. Sources added that Imperial has split the 500 stations into several packages, and bidders are free to pursue the assets in part or in whole. Reference Link
May 15, 2015
06:01 EDTVLOValero remains a top pick at Goldman
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