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Stock Market & Financial Investment News

News For LCC;DAL;LUV;CVX;UAL;ALK;JBLU;RDS.A;SKYW;AMR;HA;BP;XOM From The Last 14 Days
Check below for free stories on LCC;DAL;LUV;CVX;UAL;ALK;JBLU;RDS.A;SKYW;AMR;HA;BP;XOM the last two weeks.
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September 4, 2014
10:44 EDTBPHigh option volume stocks
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10:27 EDTBPBP continues lower after company found grossly negligent by judge
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10:18 EDTBPBP down 2% after company reportedly found grossly negligent
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10:17 EDTBPBP found grossly negligent in Macondo spill, fines may rise, Bloomberg reports
08:38 EDTDALDelta Air Lines weakness a buying opportunity, says CRT Capital
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September 3, 2014
17:19 EDTXOMExxon Mobil announces Slagen Refinery project to upgrade fuel oil
ExxonMobil affiliate Esso Norge AS announced plans to install a new processing unit at the Slagen refinery to enable production of high quality vacuum gas oil, a higher-yield feedstock used to create finished products such as diesel. The new residual flash tower is an upgrading unit that will improve the facilityís overall crude distillation process by replacing production of heavy fuel oil with lighter, higher-value gas oil.
16:50 EDTCVXBoardwalk Pipeline to acquire Evangeline Ethylene Pipeline for $295M cash
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15:56 EDTBPBP acquires Statoil Fuel & Retail Aviation to expand in Scandinavia
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11:48 EDTJBLUJetBlue says sees making decision on fare families in 1H15
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11:46 EDTJBLUJetBlue says 'Mint class' service performing well
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10:06 EDTDALDelta Air Lines shares defended at UBS
08:23 EDTDALDelta Air Lines narrows Q3 PRASM view to up 2%-3% from up 2%-4%
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08:20 EDTDALDelta Air Lines reports August PRASM up 2.0%
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08:12 EDTDALDelta Air Lines sees September quarter CASM ex-fuel up 0%-1%, PRASM up 2%-3%
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08:08 EDTALKAlaska Air reports July traffic increase of 6.8%, capacity up 7.5%
Alaska Air reported August load factor down 0.5 points to 87.3%.
06:38 EDTBPBP aims to dismiss claims administrator in Gulf spill suit, Reuters says
BP approached a U.S. court and asked for the dismissal of court-appointed lawyer, Patrick Janeau, who was in-charge of paying out compensation to people impacted by the 2010 oil spill in the Gulf of Mexico, saying Janeau had not revealed an alleged conflict of interest before accepting the job offer, according to Reuters, citing a statement from the oil company. Reference Link
06:33 EDTRDS.AShell CEO feels U.S. lawmakers should remove oil export ban, Reuters says
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September 2, 2014
14:07 EDTJBLUJetBlue downgraded to Peer Perform from Outperform at Wolfe Research
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11:58 EDTCVXChevron set to test support, levels to watch
Shares are down 1.1% today in a weak energy sector. At the current price of $127.99, next support is at the 10-day moving average which was last at $127.94. Resistance is at $128.96, which was the last value for the 30-day moving average. A breakdown below the 10-day would be bearish for price. Next support in that event would be at $126.42.
09:02 EDTBPHalliburton reaches $1.1B settlement on claims related to Macondo
Halliburton (HAL) announced that it has reached an agreement to settle a substantial majority of the plaintiffsí class claims asserted against the company as a result of the April 20, 2010 Macondo well incident in the Gulf of Mexico. The approximately $1.1B settlement, which includes legal fees, is subject to approval by the United States District Court for the Eastern District of Louisiana, and will be paid into a trust until all appeals have been resolved in three installments over the next two years. The companyís previously accrued loss contingency provision relating to the multi-district litigation proceedings is currently $1.3B. The agreement includes the following: Claims against Halliburton that BP (BP) assigned to the settlement class in BPís April 2012 settlement, Punitive damages claims against Halliburton by a class of plaintiffs who allege damages to property or associated with the commercial fishing industry arising from the Deepwater Horizon Incident, and Affirmation that Halliburton has no liability for compensatory damages to the members of the settlement class in the BP April 2012 settlement. Payments will be held in the trust, pending the finalization of this settlement which is contingent on final Court approval, including any appeals of: The BP 2012 settlement with the settlement class, The District Courtís earlier determination that the contractual indemnity provided by BP to Halliburton is valid and enforceable, and The District Courtís earlier dismissal of economic damage claims against Halliburton. Additionally, the settlement is subject to an agreed-upon level of participation by the current claimants which, if not achieved, allows Halliburton to terminate the agreement.
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