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Stock Market & Financial Investment News

News Breaks
March 26, 2013
07:31 EDTVLO, FWLTFoster Wheeler signs service agreement with Valero Energy
Foster Wheeler AG (FWLT) announced that a subsidiary of its Global Engineering and Construction Group has signed an evergreen agreement with Valero Energy (VLO) for the provision of home office engineering and project support services to Valero's Pembroke Refinery and other facilities in the UK. The terms of the agreement were not disclosed and bookings will be recorded as work is released by Valero. Foster Wheeler will provide home office front-end engineering design and detailed engineering design services t
News For FWLT;VLO From The Last 14 Days
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November 28, 2014
06:23 EDTVLOOPEC maintains production level to restore 'market equilibrium'
The Organization of the Petroleum Exporting Countries said in a press release following its meeting yesterday, "Recording its concern over the rapid decline in oil prices in recent months, the Conference concurred that stable oil prices at a level which did not affect global economic growth but which, at the same time, allowed producers to receive a decent income and to invest to meet future demand were vital for world economic wellbeing. Accordingly, in the interest of restoring market equilibrium, the Conference decided to maintain the production level of 30.0 mb/d, as was agreed in December 2011. As always, in taking this decision, Member Countries confirmed their readiness to respond to developments which could have an adverse impact on the maintenance of an orderly and balanced oil market." Publicly traded companies in the refining space include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Publicly traded companies in the oil space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Stocks globally are trading lower Friday following OPEC's decision.
November 24, 2014
07:33 EDTFWLTAmec Foster Wheeler awarded contract by U.S. power producer
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06:03 EDTVLOStocks with implied volatility movement; VLO USO
Stocks with implied volatility movement; Valero (VLO) 29, United States Oil Fund (USO) 33 according to iVolatility.
November 18, 2014
06:29 EDTVLOValero coverage resumed with a Neutral at Goldman
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