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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:37 EDTCVRRCVR Refining reports Q4 EPS (75c), may not be compoarable to consensus 34c
Impacting 2013 fourth quarter net income was a net loss on derivatives of $115.9 million, which included a gain on current period settled derivatives of $10.3 million, and an unfavorable first-in, first-out (FIFO) accounting impact of $62.0 million. Reports Q4 revenue $2.36B, one estimate $1.85B
News For CVRR From The Last 14 Days
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March 4, 2015
10:01 EDTCVRROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AutoZone (AZO) upgraded to Neutral from Underperform at Sterne Agee... Best Buy (BBY) upgraded to Neutral from Underperform at Wedbush... CVR Refining (CVRR) upgraded to Buy from Neutral at Citigroup... Essent Group (ESNT) upgraded to Outperform from Market Perform at Keefe Bruyette... JD Wetherspoon (JDWPY) upgraded to Overweight from Neutral at HSBC... McDonald's (MCD) upgraded to Outperform from Sector Perform at RBC Capital... T-Mobile (TMUS) upgraded to Buy from Neutral at BTIG... US Ecology (ECOL) upgraded to Buy from Hold at Stifel.
06:12 EDTCVRRCVR Refining upgraded to Buy from Neutral at Citigroup
Citigroup upgraded CVR Refining (CVRR) to Buy on expectations the company will benefit from the widening in North American crude differentials. It raised its price target for shares to $25 from $18. Citi also upped its price target for HollyFrontier (HFC) shares to $48 from $41 and for Western Refining (WNR) to $57 from $46.

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