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Stock Market & Financial Investment News

News Breaks
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.
News For LUKOY From The Last 14 Days
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February 9, 2016
10:00 EDTLUKOYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Capital Senior Floating (ACSF) downgraded to Market Perform at Keefe Bruyette... American Science & Engineering (ASEI) downgraded to Hold from Buy at Benchmark... ArcelorMittal (MT) downgraded to Neutral from Overweight at JPMorgan... BioCryst (BCRX) downgraded to Hold from Buy at Jefferies... Brixmor (BRX) downgraded to Underperform from Outperform at RBC Capital... Diana Shipping (DSX) downgraded to Neutral from Buy at Clarksons Platou... Eagle Point Credit (ECC) downgraded to Neutral from Buy at Compass Point... Golden Ocean (GOGL) downgraded to Neutral from Buy at Clarksons Platou... Lukoil (LUKOY) downgraded to Hold from Buy at Deutsche Bank... Memorial Resource (MRD) downgraded to Neutral from Overweight at JPMorgan... Navios Maritime (NM) downgraded to Neutral from Buy at Clarksons Platou... Northstar Realty (NRF) downgraded to Market Perform from Outperform at Keefe Bruyette... Plains All American (PAA) downgraded to Neutral from Buy at BofA/Merrill... Plains GP Holdings (PAGP) downgraded to Neutral from Buy at BofA/Merrill... Qualys (QLYS) downgraded to Neutral from Buy at DA Davidson... Quidel (QDEL) downgraded to Hold from Buy at Canaccord... Randgold (GOLD) downgraded to Hold from Buy at Deutsche Bank... Scorpio Bulkers (SALT) downgraded to Neutral from Buy at Clarksons Platou... Tortoise Energy (TYG) downgraded to Hold from Buy at Stifel... Winnebago (WGO) downgraded to Neutral from Buy at Northcoast.
06:59 EDTLUKOYLukoil downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Pavel Kushnir downgraded Lukoil and Rosneft to Hold saying the Finance Ministry revived its plans to raise the Mineral Extraction Tax on the Russian oil sector. The government may tax away the benefits that the sector gets as a result of rouble devaluation, Kushnir tells investors in a research note.

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