New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 8, 2014
07:31 EDTCSTCST Brands upgraded to Neutral from Underperform at Credit Suisse
As previously reported, Credit Suisse upgraded CST Brands to Neutral from Underperform. The firm upgraded shares based on preliminary estimate for the value of the General Partner/Incentive Distribution Rights of $3.70 and the arbitrage of gasoline margin cash flow at the corporate structure to the LP structure. Price target raised to $35 from $29.
News For CST From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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 13, 2015
07:38 EDTCSTCardtronics expands ATM services contract with CST Brands
Cardtronics (CATM) announced an expanded ATM services relationship with CST Brands (CST). Its subsidiary Cardtronics Canada was recently named the exclusive provider of ATM services at Corner Store locations across Quebec, Atlantic Canada and eastern Ontario locations.
May 11, 2015
07:38 EDTCSTCST Brands weakness overdone, says Wells Fargo
After CST (CST) reported slightly lower than expected Q1 EPS, Wells says it expects the benefits of the company's MLP to become more evident later this year. Wells also expects the company to benefit from a ramping up of its new-to-industry growth and drop-downs, and says that the company's partnership with CrossAmerica (CAPL) could raise CST's EPS by 23c in fiscal 2016. The firm keeps an Outperform rating on CST.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use