New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 8, 2013
10:35 EDTCVI, CVRR, IEPCVR Refining announces plans for 20M unit initial public offering
CVR Refining announced earlier this morning the launch of its initial public offering of 20M common units representing limited partner interests at a price of $24-$26 per unit. CVR Refining will list its common units on the New York Stock Exchange under the symbol "CVRR." After the offering, CVR Energy (CVI) will indirectly own common units representing approximately 86.4% of CVR Refining's outstanding units and CVR Refining's general partner, which owns a non-economic general partner interest in CVR Refining. In addition, the majority stockholder of CVR Energy, Icahn Enterprises (IEP), has indicated that it or its affiliates may purchase up to 4M of CVR Refining's common units in the offering, in which case they will own approximately 2.7% of the outstanding common units. Credit Suisse, Citigroup, Barclays, UBS Investment Bank and Jefferies are acting as joint book-running managers and J.P. Morgan, Macquarie Capital and Simmons & Company International are acting as co-managers for the initial public offering. 
News For CVI;IEP;CVRR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 28, 2015
09:59 EDTCVRROn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:11 EDTCVRRCVR Refining downgraded to Neutral from Buy at Citigroup
Citigroup downgraded CVR Refining to Neutral citing near-term risk from narrowing mid-continent and Canadian crude differentials. Citi cut its price target for shares to $18 from $27.
January 22, 2015
12:48 EDTCVICarl Icahn believes oil prices will go lower
Subscribe for More Information
January 20, 2015
06:39 EDTIEPIcahn Enterprises initiated with a Neutral at UBS
Subscribe for More Information
January 16, 2015
07:40 EDTCVIWolfe Research to hold a conference
1st Annual Oil & Gas 1:1 Refining Conference is being held in Boston on January 16.

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

I agree to the disclaimer & terms of use