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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:17 EDTEPD, NGLS, VLO, WNR, TSO, PSX, MRO, HFCPropane in short supply in U.S. due to cold snap, exports, FT says
The U.S. is undergoing a massive propane supply shortage amid a run of very cold weather and soaring exports of the fuel, as companies including Enterprise Products Partners (EPD) and Targa Resources Partners (NGLS) have expanded docks along the Gulf of Mexico and plan for increased export capacity, reported Financial Times. Reference Link
News For EPD;NGLS;VLO;WNR;TSO;PSX;MRO;HFC From The Last 14 Days
Check below for free stories on EPD;NGLS;VLO;WNR;TSO;PSX;MRO;HFC the last two weeks.
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April 24, 2014
08:32 EDTTSOGlobal Partners announces pipeline connection agreement
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April 22, 2014
10:00 EDTVLOOn 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.
07:45 EDTVLOValero downgraded to Neutral from Buy at BofA/Merrill
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07:37 EDTTSO, PSX, VLO, WNR, MRO, HFCIncreased refiner exporting playing a role in high gas prices, WSJ says
Gasoline futures climbed a bit over 1% a gallon Monday and are up 11% for the year. While gasoline prices often rise ahead of summer, more gasoline being exported by refiners plays a "prominent" role in the current rally, said The Wall Street Journal, citing analysts. Publicly traded refiners include HollyFrontier (HFC), Marathon Oil (MRO), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Reference Link
April 21, 2014
10:01 EDTHFCOn The Fly: Analyst Downgrade Summary
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08:41 EDTHFCHollyFrontier downgraded to Sector Perform from Outperform at Howard Weil
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April 17, 2014
09:59 EDTEPD, NGLSOn The Fly: Analyst Downgrade Summary
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09:00 EDTTSOTesoro falls 11.6%
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05:39 EDTWNRWestern Refining announces new Delaware Basin pipeline project
Western Refining (WNR) announced an additional pipeline project in the Delaware Basin. Subject to approvals, Western plans to construct a new pipeline originating near Western Refining Logistics, LP's (WNRL) existing Mason Station crude oil gathering facility in Reeves County, Texas terminating at a new crude oil gathering facility at Wink Station in Winkler County, Texas. The pipeline, approximately 40 miles in length, will be capable of receiving and transporting up to 125,000 barrels per day of light crude oil and condensate for delivery to common carrier pipelines at Wink, Texas and is expected to be in service by mid-2015.
05:37 EDTNGLSTarga Resources Partners downgraded to Hold from Buy at Jefferies
Jefferies downgraded Targa Resources Partners to Hold with a $62 price target citing valuation.
05:36 EDTEPDEnterprise Products downgraded to Hold from Buy at Jefferies
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April 15, 2014
17:52 EDTNGLSTarga Resources Partners boosts dividend 9% to 76.25c per unit
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10:00 EDTPSXOn The Fly: Analyst Downgrade Summary
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08:50 EDTPSXPhillips 66 downgraded to Accumulate from Buy at Tudor Pickering
April 13, 2014
19:44 EDTPSXPhillips 66 halts sale efforts for Irish refinery, Independent says
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