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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:41 EDTMPC, HESHess Corporation volatility expected to move on sale of retail business
Hess Corporation (HES) option volatility is expected to move after agreeing to sell its retail business to Marathon Petroleum (MPC) for a total cash consideration of $2.6B. Overall option implied volatility of 17 is below its 26-week average of 22 according to Track Data, suggesting decreasing price movement.
News For HES;MPC From The Last 14 Days
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May 27, 2015
10:01 EDTMPCOn The Fly: Analyst Upgrade Summary
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08:03 EDTHESHarris CapRock selected by Hess Corp. for systems integration contract
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06:18 EDTMPCOppenheimer upgrades refiners on favorable fundamentals
Oppenheimer upgraded to Outperform from Perform shares of HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX) and Tesoro (TSO) saying favorable industry fundamentals will continue to support higher valuations. Wide crude differential, low natural gas prices, growing refined product exports and improved petroleum demand should drive shares of refiners higher, Opco tells investors in a research note. The firm also raised its price target for Outperform rated Valero (VLO) to $70 from $65.
06:12 EDTMPCMarathon Petroleum upgraded to Outperform from Perform at Oppenheimer
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May 20, 2015
07:26 EDTHESUBS to hold a conference
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May 19, 2015
13:34 EDTMPCU.S. settles with Marathon Petroleum over air emissions
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May 18, 2015
10:01 EDTHESOn The Fly: Analyst Downgrade Summary
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09:46 EDTMPCMPLX enters common unit sales agreement for up to $500M
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06:44 EDTHESHess Corp. downgraded to Neutral from Buy at Goldman
Goldman downgraded Hess to Neutral and lowered its price target to $68 from $80 based on reduced upside from lower oil/gas price forecasts.

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