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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:28 EDTHFCHollyFrontier upgraded to Outperform at Wells Fargo
Wells Fargo upgraded HollyFrontier to Outperform from Market Perform citing the recent pullback in shares and a positive outlook for crude differentials in late 2014/2015. Wells keeps a $50-$53 price target range for shares.
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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