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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:51 EDTDGRLY, DKDelek US lower after Delek Group sells 3M shares at $30.33
Delek Group (DGRLY) reported that on Tuesday, March 18, after the close of trading the company sold a portion of its holdings in Delek US (DK) in an off-market transaction to a foreign financial institution. Delek Group sold 3M ordinary shares of Delek US at the price of $30.33 per share for a total consideration of $91M. Following the sale, the company holds approximately 25.4% of Delek US share capital. Shares of Delek US are trading down 4%, or $1.20, to $30.65 in pre-market trading.
News For DK;DGRLY From The Last 14 Days
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December 17, 2014
07:19 EDTDKIndependent Refiners sector cut to Market Weight at Wells Fargo
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December 15, 2014
06:55 EDTDKDelek US downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded Delek US to Underperform to reflect optimistic crude spreads in the Midland basin and upcoming pipeline capacity additions. Price target lowered to $24 from $35.

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