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Stock Market & Financial Investment News

News Breaks
February 1, 2013
07:54 EDTLQDTLiquidity Services price target lowered to $45 from $60 at Stifel Nicolaus
Stifel Nicolaus reduced its target on Liquidity Services after the company provided weaker than expected guidance. However, the firm thinks the margin profile of the company's core business is still strong, while the majority of the challenges it faces are associated with the acquisition of GoIndustry/DoveBid. The firm maintains a Buy rating on Liquidity Services.
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September 4, 2014
08:32 EDTLQDTLiquidity Services to conduct auction for Caltex Australia's Kurnell refinery
Liquidity Services announced that a sealed bid auction has been scheduled for operational units at Caltex Australia’s Kurnell refinery. The units within the refinery, which has a nameplate capacity of 135,000 barrels per day, are being offered as a complete package and comprise over ten individual process units including: Crude Units, FCC Units, Reformer Units and a Sulfur Recovery Unit. Until September 30, prospective buyers can see the plant in operation and meet with the operators and engineers in order to learn more about the “ins and outs” of operating the refinery.

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