News Breaks |
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| October 31, 2012 |
| 06:42 EDT |  | TSO, VLO, FDX, HOC, FTO, CSX, WNR, MRO, UPS | Hurricane didn't deal major blow to U.S. industry, WSJ says
Damage to infrastructure used by U.S. companies was minor compared with the devastation caused by the 2011 Japan earthquake or the floods in Thailand, according to The Wall Street Journal. U.S. manufacturers, retailers, and their supply chains appear to have escaped massive hits, although refineries and freight services in the Northeast have been disrupted, the newspaper explained. Reference Link |
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News For FDX;UPS;CSX;VLO;MRO;FTO;TSO;WNR;HOC From The Last 14 Days Check below for free stories on FDX;UPS;CSX;VLO;MRO;FTO;TSO;WNR;HOC the last two weeks. |
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| May 21, 2013 |
| 08:08 EDT |  | TSO | Tesoro price target raised to $75 from $65 at Oppenheimer
Oppenheimer increased its target on Tesoro to reflect the company's acquisition of a Carson City, CA, refinery and related assets, after regulators approved the deal last Friday. The firm believes that the deal will create significant value for Tesoro shareholders, and it keeps an Outperform rating on the stock. |
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| 07:36 EDT |  | MRO | UBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link |
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| 07:23 EDT | | CSX | Wolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23. |
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| May 20, 2013 |
| 10:05 EDT | | VLO | Valero could seek to form logistics MLP by year end, SA Biz Journal says
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| 09:12 EDT | | TSO | Tesoro price target rasied to $120 from $92 at Barclays
Barclays raised Tesoro estimates following the Carson City approval from the FTC and California Attorney General, without any divestitures. Shares are Overweight rated. |
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| 08:41 EDT | | TSO | Tesoro price target raised to $69 from $58 at Imperial Capital
Imperial Capital raised its price target for Tesoro after the FTC cleared the company's acquisition of BP Carson. The firm keeps an Outperform rating on the stock. |
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| 08:37 EDT | | TSO | Tesoro removed from U.S. Key Call List at UBS
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| 07:41 EDT | | MRO | Mitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23. |
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| May 17, 2013 |
| 16:21 EDT |  | TSO | On The Fly: Closing Wrap
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| 13:18 EDT |  | TSO | Tesoro, Tesoro Logistics in $640M deal for Carson logistics assets
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| 13:11 EDT |  | TSO | Tesoro sees BP deal adding 50c to FY13 EPS
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| 13:09 EDT | | TSO | Tesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities. |
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| May 16, 2013 |
| 14:46 EDT | | TSO | Tesoro may take over BP California assets as soon as June 1, Reuters says
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| 14:32 EDT | | TSO | Tesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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| 07:37 EDT | | VLO, WNR, TSO | Morgan Stanley to host a conference
Refining Corporate Access Day is being held in New York on May 16. |
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| May 15, 2013 |
| 17:26 EDT | | TSO | Third Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). |
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| 17:18 EDT | | VLO, MRO, TSO | BP Capital gives quarterly update on stakes
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| 08:02 EDT | | FDX | FedEx should be bought on pullbacks, says RW Baird
Baird lowered its estimates on FedEx to reflect below consensus Q4 results and guidance. The firm cited continued international airfreight weakness but sees stabilizing signs. Baird remains constructive on the shares citing low investor sentiment and potential for margin improvements. Shares are Outperform rated with a $112 price target. |
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| 07:33 EDT | | CSX | National Association of Business Economics to hos a conference
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| 07:31 EDT | | FDX | FedEx news should improve investor sentiment, says Oppenheimer
After FedEx announced that it anticipates delivering $1.65B of annualized profitability improvement by FY16, Oppenheimer believes that this news, along with a capacity cut and the company's recent win of a major Post Office contract, will improve investor sentiment towards the stock. The firm reiterates an Outperform rating on the shares. |
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