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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:15 EDTMPC, BPMarathon Petroleum price target raised to $90 from $65 at Oppenheimer
Oppenheimer increased its price target on Marathon Petroleum (MPC) as the firm believes that U.S. refiners are benefiting from several catalysts including cheap natural gas and growing exports, while the company's earnings outlook should benefit from the completion of the Detroit refinery upgrade and the acquisition of BP's (BP) Texas City refinery. Oppenheimer maintains an Outperform rating on Marathon.
News For MPC;BP From The Last 14 Days
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August 1, 2014
10:00 EDTMPCOn The Fly: Analyst Upgrade Summary
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06:43 EDTMPCMarathon Petroleum upgraded at Credit Suisse
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06:34 EDTMPCMarathon Petroleum upgraded to Outperform from Neutral at Credit Suisse
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July 31, 2014
17:06 EDTMPCOn The Fly: Closing Wrap
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07:11 EDTMPCMarathon Petroleum reports Q2 EPS $2.95, consensus $2.15
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06:35 EDTBPOil companies say Russia sanctions could be headwind, NY Times reports
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July 30, 2014
17:32 EDTMPCMarathon Petroleum announces additional $2B stock buyback program
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15:40 EDTMPCNotable companies reporting before tomorrow's open
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12:56 EDTMPCMarathon Petroleum increases quarterly dividend 19%
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July 29, 2014
13:18 EDTBPEU to hit Russia with new sanctions, Washington Post says
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07:41 EDTBPBP core business performed well in Q2, says Jefferies
Jefferies says BP's core businesses generally performed well in Q2 and that its view of the stock is unchanged following the quarterly results. It keeps a Buy rating on BP shares with a $55 price target.
05:53 EDTBPBP sees Q3 reported production lower than Q2
BP said, "The end of the Abu Dhabi concession in January 2014 together with divestment impacts, however, meant that reported Upstream production, at 2.1 million barrels of oil equivalent a day (mmboed), was 6% lower. Reported production in the third quarter is expected to be lower due primarily to turnaround and seasonal maintenance activities."
05:52 EDTBPBP reports Q2 EPS $1.18, consensus $1.12
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July 28, 2014
10:02 EDTMPCOn The Fly: Analyst Upgrade Summary
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08:14 EDTMPCMarathon Petroleum upgraded to Outperform from Peer Perform at Wolfe Research
July 23, 2014
07:58 EDTBPBP management to meet with ISI Group
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06:36 EDTBPEU 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 EDTBPEU weighing new sanctions on Russia, NY Times says
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July 21, 2014
08:16 EDTBPFMC Technologies signs agreement to develop susbsea equipment and systems
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July 18, 2014
06:33 EDTBPChinese helping Russia blunt sanctions' impact, NY Times says
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