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Stock Market & Financial Investment News

News Breaks
January 4, 2013
13:45 EDTEC, GTEGran Tierra Energy reports agreement with Ecopetrol
In an 8-K filing, Gran Tierra Energy Colombia Ltd. said that it and Petrolifera Petroleum, both wholly owned indirect subsidiaries of Gran Tierra Energy (GTE), each entered into an agreement with Ecopetrol S.A. (EC) on December 28, 2012. The Purchase Agreements provide that Gran Tierra Colombia and Petrolifera Colombia agree to sell to Ecopetrol, and Ecopetrol agrees to purchase from Gran Tierra Colombia and Petrolifera Colombia, up to 100% of the volume of crude oil production produced in the Chaza Block, Santana Block and Guayuyaco Block owned by Gran Tierra Colombia and Petrolifera Colombia. The volume of crude oil does not include the volume of oil owned by the National Hydrocarbons Agency corresponding to royalties. The Purchase Agreements further provide that for Putumayo Production that is to be exported through the Port of Tumaco on the Pacific coast of Colombia, the sales point is designated as the Tumaco Port rather than a point in the Putumayo basin.
News For GTE;EC From The Last 14 Days
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April 23, 2015
07:22 EDTGTEGran Tierra issues letter on board nominees from West Face Capital
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05:08 EDTECEcopetrol announces Supreme Court of the Netherlands ruled in favor of Llanos
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April 22, 2015
17:36 EDTGTEGran Tierra statement on West Face Capital intent to nominate 6 board members
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10:02 EDTGTEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded on post-merger outlook at Bernstein... Amazon.com (AMZN) upgraded to Buy, price target raised to $450 at Monness Crespi... BNP Paribas (BNPQY) upgraded to Overweight from Equal Weight at Morgan Stanley... Dolby (DLB) upgraded to Overweight from Neutral at JPMorgan... First Defiance (FDEF) upgraded to Outperform from Market Perform at Raymond James... Gran Tierra (GTE) upgraded to Buy from Neutral at Dundee... Grupo Aval (AVAL) upgraded to Buy from Neutral at Goldman... Manhattan Associates (MANH) upgraded to Buy from Hold at Benchmark Co.... Marriott (MAR) upgraded to Buy from Neutral at MKM Partners... Masco (MAS) upgraded to Outperform from Market Perform at FBR Capital... Nokia (NOK) upgraded on post-merger outlook at Bernstein... Packaging Corp. (PKG) upgraded to Buy from Hold at Deutsche Bank... Rayonier (RYN) upgraded to Sector Perform from Underperform at RBC Capital... Rogers Communications (RCI) upgraded to Buy from Neutral at BofA/Merrill... Sanofi (SNY) upgraded to Neutral from Sell at Citigroup... Select Comfort (SCSS) upgraded to Outperform from Neutral at Wedbush... UniCredit (UNCFF) upgraded to Buy from Sell at Berenberg... Zions Bancorp (ZION) upgraded to Outperform from Market Perform at FBR Capital.
09:17 EDTGTEGran Tierra upgraded to Buy from Neutral at Dundee
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April 21, 2015
15:24 EDTGTEWest Face reports 9.78% stake in Gran Tierra, seeks to change board, management
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10:01 EDTGTEOn The Fly: Analyst Downgrade Summary
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06:06 EDTGTEGran Tierra downgraded to Sector Performer from Outperformer at CIBC
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April 15, 2015
10:00 EDTGTEOn The Fly: Analyst Downgrade Summary
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07:29 EDTGTEGran Tierra downgraded to Hold at Canaccord
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06:13 EDTGTEGran Tierra downgraded to Hold from Buy at Canaccord
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April 14, 2015
09:51 EDTECEcopetrol says council issues favorable opinion Interconexion stake sale
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