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Stock Market & Financial Investment News

News Breaks
May 27, 2014
08:46 EDTXOM, LINELINN Energy swap less accretive than expected, says Oppenheimer
After Linn Energy (LINE) announced an asset swap with Exxon Mobil (XOM), Oppenheimer says that the accretion for Linn from the deal is only about half of what the firm was expecting. The firm thinks the deal does little to reduce Linnís leverage, and it keeps an Underperform rating on the shares.
News For LINE;XOM From The Last 14 Days
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November 23, 2014
19:12 EDTXOMIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabiaís Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
November 18, 2014
18:26 EDTXOMKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
07:12 EDTXOMBloomberg / Mayer Brown to co-host a conference
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