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Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:11 EDTCVX, E, TOTChevron to develop $5.6B Mafumeira Sul Project in offshore Angola
Chevron (CVX)'s Cabinda Gulf Oil Company subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. The $5.6B Mafumeira Sul project is the second stage of development of the Mafumeira Field located in Block 0. Mafumeira Sul is expected to reach first oil in 2015 and build toward peak total daily production of 110,000 barrels of crude oil and 10,000 barrels of liquefied petroleum gas. Chevronís subsidiary is the operator and holds a 39.2% interest in Mafumeira Sul. Chevronís partners are Sonangol E.P. (41%), Total (TOT) (10%) and ENI (E) (9.8%).
News For CVX;TOT;E From The Last 14 Days
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April 22, 2014
10:00 EDTEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CommonWealth REIT (CWH) downgraded to Sell from Hold at Stifel... Del Frisco's (DFRG) downgraded to Market Perform from Outperform at Raymond James... Deutsche Bank (DB) downgraded to Neutral from Buy at UBS... Diageo (DEO) downgraded to Market Perform from Outperform at Raymond James... Eni SpA (E) downgraded to Neutral from Buy at UBS... Fidelity & Guaranty Life (FGL) downgraded to Neutral from Outperform at Credit Suisse... Frontier Communications (FTR) downgraded to Hold from Buy at Gabelli... QEP Resources (QEP) downgraded to Equalweight from Overweight at Barclays... Rogers Communications (RCI) downgraded to Sell from Hold at Canaccord... Rush Enterprises (RUSHA) downgraded to Underperform from Buy at BofA/Merrill... TSMC (TSM) downgraded to Neutral from Overweight at HSBC... Valero (VLO) downgraded to Neutral from Buy at BofA/Merrill... Wisconsin Energy (WEC) downgraded to Fair Value from Buy at CRT Capital... Zillow (Z) downgraded to Fair Value from Buy at CRT Capital... Zions Bancorp (ZION) downgraded to Equal Weight from Overweight at Evercore.
07:54 EDTTOTTotal exec sees no impact to Russian operations from tension, WSJ says
Total's head of E&P Yves-Louis Darricarrere said the tensions over Ukraine are unlikely to have any direct impact on the company's Russian operations, reported The Wall Street Journal, citing Darricarrere's comments at a conference. Reference Link
05:40 EDTEEni SpA downgraded to Neutral from Buy at UBS
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April 16, 2014
18:38 EDTCVXFidelity Contrafund adds to Tesla position, Reuters says
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06:54 EDTEEni SpA CEO facing challenges in execution, WSJ reports
Eni CEO Caludio Descalzi face challenges in execution including whether or not the $50B Kashagan project starts producing this year, continued disruptions in Nigeria and Libya and developing vast gas reserves off the coast of Mozambique, the Wall Street Journal reports. Reference Link
April 14, 2014
06:17 EDTTOTTotal, partners to develop Kaombo project in Angola for $16B
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April 10, 2014
12:46 EDTCVXChevron management to meet with Jefferies
Meetings to be held in London on April 16-17 hosted by Jefferies.
10:00 EDTEOn The Fly: Analyst Upgrade Summary
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09:37 EDTCVXActive equity options trading on open
Active equity options trading on open according to Track Data: SIRI RAD AAPL AMZN AA FB TSLA MRK CVX C
09:12 EDTEEni SpA upgraded to Outperform from Neutral at Exane BNP Paribas
09:02 EDTCVXChevron, YPF continue development of Vaca Muerta Shale in Argentina
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