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Stock Market & Financial Investment News

News Breaks
February 11, 2013
08:54 EDTHFCHollyFrontier price target raised to $68 from $48 at Argus
Argus increased its price target on HollyFrontier as the firm believes that Holly may benefit from high refiner margins longer than many anticipate due to strong U.S. onshore production growth. The firm thinks the company's management is very shareholder friendly and it maintains a Buy rating on the shares.
News For HFC From The Last 14 Days
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May 6, 2015
07:06 EDTHFCHollyFrontier reports Q1 EPS $1.16, consensus 78c
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07:05 EDTHFCHollyFrontier board authorizes $1B share repurchase program
HollyFrontier announced its Board of Directors has authorized a $1B share repurchase program. This authorization replaces all existing share repurchase authorizations, of which there was approximately $462M remaining after having recently purchased approximately 1.4 million shares in the first quarter of 2015. Share repurchases will be made in the open market or through privately negotiated transactions from time to time and are subject to market conditions, corporate, regulatory and other considerations. This share repurchase program may be discontinued at any time by the Board of Directors. “Our Board’s decision to authorize a $1B share repurchase program demonstrates our ongoing commitment to returning capital to shareholders through increased share repurchases along with our regular dividend program. We intend to maintain both a competitive divided yield and total cash yield relative to our peer group. HollyFrontier has returned $2.9B in cash to shareholders since our 2011 merger,” said Mike Jennings, President and CEO of HollyFrontier.
May 5, 2015
15:02 EDTHFCNotable companies reporting before tomorrow's open
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May 4, 2015
07:19 EDTHFCCredit Suisse to hold a conference tour
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