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Stock Market & Financial Investment News

News Breaks
April 10, 2014
09:02 EDTCVX, YPFChevron, YPF continue development of Vaca Muerta Shale in Argentina
Chevron Corporation (CVX) confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. (YPF) to continue development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province in Argentina. The agreements build off the progress made with the drilling program begun in 2013 and call for continued investment toward large-scale drilling and production in the 96,000-acre Loma Campana concession. The agreements also call for exploration of shale oil and gas resources in the 49,400-acre Narambuena area located about 70 miles north of Loma Campana in the Chihuido de la Sierra Negra concession, one of the main producing areas in the Neuquén Basin of west-central Argentina.
News For CVX;YPF From The Last 14 Days
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July 23, 2014
08:39 EDTYPFRepsol contemplates offer for Talisman Energy, Bloomberg says
Repsol (REPYY) is contemplating making an offer for Talisman Energy (TLM) as it aims to deploy funds it was given as compensation for the loss of its share in YPF (YPF), according to Reuters, citing people familiar with the matter. The sources said that Repsol is working with JPMorgan as it examines making a potential bid. Reference Link
July 21, 2014
09:00 EDTCVXChevron's Pascagoula refinery begins commercial production
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July 16, 2014
12:26 EDTCVXChevron to reduce headcount in Aberdeen, Scotland operations, Reuters says
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July 11, 2014
10:00 EDTYPFOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Altria Group (MO) initiated with an Outperform at Cowen... Berkshire Hills Bancorp (BHLB) initiated with a Hold at Jefferies... CGI Group (GIB) initiated with an Outperform at Credit Suisse... Halozyme (HALO) initiated with an Overweight at JPMorgan... Lorillard (LO) initiated with an Underperform at Cowen... MacroGenics (MGNX) initiated with an Outperform at Oppenheimer... Philip Morris (PM) initiated with a Market Perform at Cowen... Prothena (PRTA) initiated with an Outperform at Oppenheimer... Reynolds American (RAI) initiated with a Market Perform at Cowen... Seventy Seven Energy (SSE) initiated with a Buy at Wunderlich... SouFun (SFUN) initiated with a Neutral at Macquarie... Sprouts Farmers Markets (SFM) initiated with a Neutral at Longbow... Sterling Bancorp (STL) initiated with a Buy at Jefferies... Xencor (XNCR) initiated with an Outperform at Oppenheimer... YPF (YPF) initiated with a Neutral at JPMorgan... iGATE (IGTE) initiated with an Outperform at William Blair.
05:39 EDTYPFYPF initiated with a Neutral at JPMorgan
Target $42.

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