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Stock Market & Financial Investment News

News Breaks
June 14, 2013
16:10 EDTLINE, BRY, LNCOLINN, LinnCo shares pressured by LinnCo tax speculation, says Wells Fargo
Wells Fargo believes the weakness in LINN Energy (LINE) and LinnCo (LNCO) can be attributed to speculation that LinnCo could realize a large tax liability in 2016, though the firm does not think that speculation is accurate. Wells attributes the widened spread between LINN and LinnCo shares to increased short interest in LINN, which is easier to short. Wells Fargo maintains Outperform ratings on both LINN and LinnCo and thinks the closing of the Berry Petroleum (BRY) merger in Q3 will be a catalyst for shares of both.
News For LINE;LNCO;BRY From The Last 14 Days
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May 19, 2015
09:22 EDTLINEOn The Fly: Pre-market Movers
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07:44 EDTLINELINN Energy 16M share Spot Secondary priced at $11.79
Raymond James, BofA/Merrill, Barclays, Citigroup, Credit Suisse, JPMorgan, Morgan Stanley and RBC Capital acted as joint book running managers for the offering.
May 18, 2015
19:12 EDTLINE, LNCOOn The Fly: After Hours Movers
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16:23 EDTLINELINN Energy files 16M units representing limited liability company interests
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10:01 EDTLINE, LNCOOn The Fly: Analyst Downgrade Summary
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06:51 EDTLNCOLinnCo downgraded to Sell from Neutral at Goldman
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06:51 EDTLINELINN Energy downgraded to Sell from Neutral at Goldman
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