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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:12 EDTHFCHollyFrontier downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded HollyFrontier to Underperform citing downside risk to Q2 consensus estimates and a lack of 2014 catalysts. The firm lowered its price target for shares to $45 from $49.
News For HFC From The Last 14 Days
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January 21, 2015
07:14 EDTHFCCitgo scraps auction process, to raise debt instead, WSJ reports
The auction for Venezuela’s Citgo Petroleum, which drew interest from Marathon Petroleum (MPC), HollyFrontier (HFC), Valero Energy (VLO) and private equity firms, has been called off, said The Wall Street Journal, citing people familiar with the matter. Citgo will still seek to raise $2.5B in debt at this point and could restart its sales process later, the report added. Reference Link

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