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Stock Market & Financial Investment News

News Breaks
October 25, 2012
09:02 EDTRDS.A, RDS.B, XOM, CVXChevron announces further natural gas discovery offshore Australia
Chevron Corporation announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin. The Satyr-4 exploration discovery well confirmed approximately 220 feet of net gas pay. The well is located in the WA-374-P1 permit area approximately 75 miles northwest of Barrow Island, off the Western Australian coast. The well was drilled in 3,570 feet of water to a total depth of 15,023 feet. Chevron Australia (CVX) is the operator of WA-374-P with a 50% interest while Shell Development (RDS.A) and Mobil Australia Resources Company (XOM) each hold 25%.
News For B;XOM From The Last 14 Days
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July 25, 2014
06:37 EDTBBarnes Group sees FY14 adjusted EPS $2.23-$2.33, consnesus $2.26
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06:36 EDTBBarnes Group reports Q2 Industrial sales up 25% to $212.8M
Reports Q2 Aerospace sales up 13% to $109.3M
06:35 EDTBBarnes Group reports Q2 adjusted EPS 59c, consensus 59c
Reports Q2 revenue $322.1M, consensus $315.7M
05:41 EDTXOMExxon Mobil downgraded to Underweight from Equal Weight at Barclays
Barclays downgraded its rating on Exxon Mobil (XOM) shares to Underweight from Neutral citing a lack of near-term production growth and the high oil price environment. The firm sees limited upside in shares, but did raise its price target to $105 from $100. Shares of the oil giant closed yesterday up 3c to $104.28.
July 24, 2014
15:29 EDTBNotable companies reporting before tomorrow's open
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July 21, 2014
13:36 EDTXOMExxon Mobil files export application for Alaska LNG project
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July 17, 2014
07:31 EDTXOMWEX signs definitive purchase agreement regarding Exxon's Esso Card program
WEX Inc. (WEX) announced the execution of the definitive purchase and sale agreement relating to the previously announced proposed acquisition of ExxonMobil’s (XOM) European commercial fuel card, or Esso Card, program through a majority owned joint venture, WEX Europe Services Limited. In addition, all necessary regulatory approvals have been received and the employee information and consultation processes have been cleared. The transaction is on track and is expected to close in late 2014 or early 2015. “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and CEO.

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