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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:15 EDTEMN, BPEastman Chemical completes acquisition of BP's aviation turbine oil business
Eastman Chemical (EMN) announced that it has completed the acquisition of BP's (BP) global aviation turbine oil business. The acquired business is expected to be accretive to FY14 earnings excluding acquisition-related costs and charges. The newly acquired business is part of Eastman's Specialty Fluids & Intermediates business segment.
News For EMN;BP From The Last 14 Days
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August 14, 2014
17:27 EDTEMNAppaloosa gives quarterly update on stakes
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08:01 EDTEMNEastman Chemical management to meet with UBS
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August 13, 2014
07:37 EDTEMNEastman Chemical management to meet with UBS
Meetings to be held in Atlanta/Charlotte on August 13 hosted by UBS.
August 11, 2014
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.
August 6, 2014
06:45 EDTBPMexican Congress paves way for foreign energy companies, NY Times reports
The Mexican Congress yesterday approved legislation that paves the way for large, foreign energy companies to seek oil and gas in Mexico, according to The New York Times. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link

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