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Stock Market & Financial Investment News

News Breaks
August 15, 2014
04:55 EDTCST, CSTCST Brands management to meet with JPMorgan
Meeting to be held in New York on August 21 hosted by JPMorgan.
News For CST From The Last 14 Days
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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.

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