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Stock Market & Financial Investment News

News Breaks
November 8, 2012
05:51 EDTDKDelek US Holdings raises quarterly dividend to 10c/share
Delek US announced that its Board of Directors declared a regular quarterly dividend of 10c per share. This is an increase from the previous regular quarterly dividend of 3.75c per share. Shareholders of record on Nov. 27 will receive this cash dividend payable on Dec. 18.
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April 8, 2014
07:52 EDTDKRefiners 2014 EPS estimates raised at Wells Fargo
Wells Fargo significantly raised its 2014 EPS estimates for Alon USA (ALJ), PBF Energy (PBF), Valero (VLO), and Western Refining (WNR) . The firm thinks that the sector is benefiting from better crack spreads and refining utilization so far in Q2, while U.S. exports of refined products jumped 21% year-over-year last quarter. Wells keeps Outperform ratings on PBF and Valero, and Market Perform ratings on Alon USA and Western Refining.

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