Stock Market & Financial Investment News

News Breaks November 2, 2012 07:32 EDT HES Hess Corp. reports Q3 EPS $1.64, consensus $1.18 Reports Q3 revenue $9.62B, consensus $9.18B. Results included an after-tax gain of $349M from the sale of the Corporation’s interests in the Schiehallion Field and associated assets in the United Kingdom North Sea for $524M. The results also included after-tax impairment charges of $116M that resulted from increases to the Corporation’s estimated abandonment liabilities related to non-producing properties. Additionally, the Corporation recorded a $56M after-tax charge to write off its assets in Peru following a decision to cease future appraisal and development activities in the country. A one-time charge of $115M was also recorded to reflect the third quarter change in the United Kingdom’s supplementary income tax rate to 20 percent from 32 percent applicable to deductions for dismantlement expenditures. News For HES From The Last 14 Days Check below for free stories on HES the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2013 06:01 EDT HES Hess Corp. implied volatility at lower end of index mean range May 17, 2013 11:59 EDT HES Options with decreasing implied volatility: ILMN LO A HES INFY CSCO May 16, 2013 13:36 EDT HES Hess Corp. names three Elliott nominees to board Hess Corporation announced voting results from its annual meeting of stockholders. Pursuant to the agreement between the company and Elliott Management, Elliott withdrew prior to the annual meeting all five of its nominees, and agreed to support the election of the Hess slate of five nominees. The board of directors also appointed three Elliott nominees to the board: Rodney Chase, Harvey Golub, and David McManus. 10:58 EDT HES Hess Corp. mentioned positively at Deutsche Bank Subscribe for More Information 09:19 EDT HES On The Fly: Pre-market Movers Subscribe for More Information 08:34 EDT HES Hess Corp., Elliot end proxy contest, three Elliot nominees to join board Subscribe for More Information 08:28 EDT HES Hess Corp. to appoint three Elliott nominees to board, CNBC says Subscribe for More Information May 15, 2013 17:36 EDT HES Paulson gives quarterly update on stakes Subscribe for More Information 17:09 EDT HES Greenlight gives quarterly update on stakes NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG). 12:29 EDT HES Hess Corp. removed from U.S. 1 List at BofA/Merrill 11:48 EDT HES Appaloosa reports new stakes in Comcast, Ashland, sells Oracle David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M. May 13, 2013 17:50 EDT HES Elliott calls Hess statement 'PR stunt', wants all of its candidates on board Subscribe for More Information 16:42 EDT HES Hess commits to adding Elliott nominees if five new independent nominees elected Subscribe for More Information 06:33 EDT HES Hess's five independent nominees waive rights to payments in compensation plan Subscribe for More Information May 10, 2013 09:50 EDT HES Elliott says Hess split of Chairman, CEO roles 'not a concession or step' Elliott Management, one of the largest shareholders of Hess Corporation, issued a statement on the Hess announcement regarding separation of the chairman and chief executive officer roles: “A resolution to split the Chairman & CEO roles at Hess is on this year’s proxy. Hess’s announcement today is not a concession or step on the part of the Company, rather it is a reaction to the shareholder vote currently underway. It is significant to note that Hess’s Board recommended against this split only a few weeks ago." 07:02 EDT HES Hess Corp. to separate Chairman and CEO roles Subscribe for More Information 07:00 EDT HES Hess Corp. to separate Chairman and CEO roles Sign up for a free trial to see the rest of the stories you've been missing.