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Stock Market & Financial Investment News

News Breaks
June 18, 2014
07:07 EDTLUKOY, HESLukoil in discussions regarding Ghana project with Hess, Reuters says
Russia's Lukoil (LUKOY) is in discussions with Hess (HES) to purchase a stake in its offshore project in Ghana as part of its strategy to look beyond a sanctioned Russian market, according to Reuters, citing two sources close to the talks. Reference Link
News For LUKOY;HES From The Last 14 Days
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July 31, 2014
06:31 EDTLUKOYLukoil to sell filling stations in Ukraine to AMIC
LUKOIL and Austria’s AMIC Energy Management GmbH have reached an agreement in principle to sell 100% of LUKOIL-Ukraine CFI, which owns around 240 filling stations and 6 petroleum tank farms in Ukraine. Negotiations were initiated by the Austrian party who expressed their interest in acquiring the assets.Currently, the parties are interacting as part of the due diligence of assets and are preparing to sign a sale-and-purchase contract. “The sale of the filling-station network and petroleum tank farms in Ukraine to AMIC will help LUKOIL optimize its asset structure and distribution-network management system in Eastern Europe, to which we attach great importance seeking to enhance the efficiency of our business in terms of petroleum-product sales," Vadim Vorobyov, LUKOIL VP, said.
July 30, 2014
09:04 EDTHESOn The Fly: Pre-market Movers
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07:36 EDTHESHess Corp. boosts share repurchase program to $6.5B from $4B
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07:33 EDTHESHess Corp. reports Q2 adjusted EPS $1.38, consensus $1.18
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07:01 EDTHESHess Corp. to pursue formation of MLP
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July 29, 2014
15:53 EDTHESNotable companies reporting before tomorrow's open
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13:18 EDTLUKOYEU to hit Russia with new sanctions, Washington Post says
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July 23, 2014
06:36 EDTLUKOYEU fails to impose tough sanctions on Russia, NY Times says
EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc's foreign ministers yesterday, according to The New York Times. Given their dependence on Russia's energy, EU countries have "largely decided" they "have to live with" Russia, the newspaper stated. Significant Russian companies include Gazprom (OGZPY), Lukoil (LUKOY) and Yandex (YNDX), while BP (BP) has a 20% stake in major Russian energy company Rosneft. Reference Link
July 22, 2014
06:29 EDTLUKOYEU weighing new sanctions on Russia, NY Times says
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