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Stock Market & Financial Investment News

News Breaks
February 12, 2014
07:44 EDTHESHess CEO pursues new strategy, WSJ reports
John Hess, CEO of Hess Corp., is transforming the company to a exploration and production fimr from the refining and marketing business his late father built. After a tough proxy fight last year, he says they're in a transition period. "Expectations are set by Wall Street analysts, not the company, so getting a re-basing of the company will take some time." Reference Link
News For HES From The Last 14 Days
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October 15, 2014
07:44 EDTHESHess volatility at five-year highs as oil trends below $81
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October 10, 2014
10:05 EDTHESHess calls active on renewed takeover chatter
Hess October 84 and 85 calls area active on total call volume of 2,700 contracts (300 puts) on renewed takeover chatter. October call option implied volatility is at 37, November is at 32, December is at 30, January is at 27; compared to its 26-week average of 20 according to Track Data. Active call volume suggests traders taking positions for large price movement.
09:55 EDTHESRumor: Hess Corp. moves up on renewed takeover chatter
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