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Stock Market & Financial Investment News

News Breaks
January 10, 2014
08:32 EDTHESHess completes sale of Pangkah asset in Indonesia
Hess completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its pre-emption rights, for a total after tax consideration of $650M comprising the sale of equity interests in certain holding entities and certain inter-company debts. The asset, located off the coast of Indonesia, produced an average of 9K barrels of oil equivalent per day net to Hess in the first three quarters of 2013.
News For HES From The Last 14 Days
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December 16, 2014
12:22 EDTHESAnadarko, BG Group 'widely seen' as targets amid oil slump, FT says
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09:59 EDTHESOn The Fly: Analyst Downgrade Summary
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07:30 EDTHESHess Corp. downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Hess to Equal Weight citing relative outperformance vs. Bakken names and another reduction in oil price forecasts and capex reductions. Price target lowered to $73 from $101.
December 15, 2014
08:56 EDTHESHess Corp. coverage resumed with a Buy at Goldman
Target $92.
December 12, 2014
09:35 EDTHESActive equity options trading
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December 11, 2014
07:28 EDTHESHess volatility elevated as oil trades near 65-month low
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