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Stock Market & Financial Investment News

News Breaks
January 23, 2014
06:42 EDTHFCHollyFrontier downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded HolyFrontier due to valuation and cites lack of near-term catalysts for refining stocks ahead of historically weaker summer months.
News For HFC From The Last 14 Days
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July 14, 2014
18:15 EDTHFCOn The Fly: After Hours Movers
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18:02 EDTHFCRefiners weak after Valero Q2 guidance misses consensus estimates
Shares of select companies in the oil refinery space are weaker in after-hours trading after Valero, an independent petroleum refining and marketing company, gave second quarter guidance that was lower than consensus estimates. WHAT'S NOTABLE: Valero said it expects Q2 EPS of $1.10-$1.25 versus a consensus estimate of $1.39. PRICE ACTION: Valero shares are lower by $1.70, or 3.4%, to $48.22. OTHERS TO WATCH: Tesoro Corporation (TSO) is down by almost 1%, HollyFrontier Corporation (HFC) is down 0.6%, and Marathon Petroleum Corporation (MPC) is lower by 0.36%.

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