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Stock Market & Financial Investment News

News Breaks
February 10, 2014
04:55 EDTESV, ESV, ESV, ESV, VLO, VLO, VLO, VLO, AEP, AEP, AEP, AEP, EXXI, EXXI, EXXI, EXXI, INWK, INWK, INWK, INWK, MPC, MPC, MPC, MPCCredit Suisse to hold a summit
Global Energy Summit is being held in Vail, Colorado on February 10-13.
News For ESV;VLO;AEP;EXXI;INWK;MPC From The Last 14 Days
Check below for free stories on ESV;VLO;AEP;EXXI;INWK;MPC the last two weeks.
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July 23, 2014
13:38 EDTVLOCST Brands poised for big gains, Barron's reports
Since its spin-off from Valero (VLO), CST Brands (CST) has been raising fuel margins and selling a wider mix of higher margin private-label goods and prepared foods. These upgrades are likely to accelerate earnings growth, Barron's reports. Reference Link
July 22, 2014
10:00 EDTINWKOn The Fly: Analyst Upgrade Summary
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09:21 EDTINWKInnerWorkings upgraded to Buy from Hold at Feltl
July 16, 2014
10:00 EDTESVOn The Fly: Analyst Downgrade Summary
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07:42 EDTESVEnsco downgraded to Neutral from Buy at Guggenheim
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July 15, 2014
10:00 EDTESVOn The Fly: Analyst Upgrade Summary
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07:01 EDTVLOValero Energy volatility expected to move on Q2 guidance
Valero Energy volatility is expected to move after lowering Q2 earnings guidance. Overall option implied volatility of 31 is at its 26-week average according to Track Data, suggesting non-directional price movement.
06:41 EDTESVEnsco upgraded to Market Perform from Underperform at BMO Capital
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July 14, 2014
18:15 EDTMPC, VLOOn The Fly: After Hours Movers
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18:02 EDTVLO, MPCRefiners weak after Valero Q2 guidance misses consensus estimates
Shares of select companies in the oil refinery space are weaker in after-hours trading after Valero, an independent petroleum refining and marketing company, gave second quarter guidance that was lower than consensus estimates. WHAT'S NOTABLE: Valero said it expects Q2 EPS of $1.10-$1.25 versus a consensus estimate of $1.39. PRICE ACTION: Valero shares are lower by $1.70, or 3.4%, to $48.22. OTHERS TO WATCH: Tesoro Corporation (TSO) is down by almost 1%, HollyFrontier Corporation (HFC) is down 0.6%, and Marathon Petroleum Corporation (MPC) is lower by 0.36%.
17:02 EDTVLOValero sees Q2 EPS $1.10-$1.25, consensus $1.39
Valero's refining segment operating income is expected to be higher in the second quarter of 2014 versus the second quarter of 2013 primarily due to higher throughput volumes, as well as wider discounts on sour crude oil and certain types of North American light crude oil, which offset weaker year-over-year gasoline and distillate margins in most regions. In addition, Valero's ethanol segment operating income is expected to be higher in the second quarter of 2014 versus the second quarter of 2013 mainly due to higher gross margins. Valero also expects to report a loss from discontinued operations of $63M, or 12c per share, related primarily to a noncash charge associated with recognizing an asset retirement obligation for the Aruba refinery.
July 11, 2014
10:00 EDTMPCOn The Fly: Analyst Upgrade Summary
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05:56 EDTMPCMarathon Petroleum upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Marathon Petroleum to Buy citing improved earnings power following the company's recent acquisitions, new initiatives in the midstream and pipeline business, and share repurchases over the last two years. Citi lowered its price target for shares to $94 from $96.
July 10, 2014
06:06 EDTVLOStocks with implied volatility below IV index mean; LULU VLO
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July 9, 2014
06:05 EDTVLOStocks with implied volatility below IV index mean; DG VLO
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