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Stock Market & Financial Investment News

News Breaks
February 7, 2013
06:13 EDTRS, MUSAMetals USA downgraded to Hold from Buy at Jefferies
Jefferies downgraded Metals USA (MUSA) citing the acquisition by Reliance Steel (RS) as it believes a higher offer is unlikely to emerge.
News For MUSA;RS From The Last 14 Days
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February 3, 2016
20:02 EDTMUSAWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
17:11 EDTMUSAMurphy USA sells CAM pipeline system for $85M
Murphy USA announced the company has recently entered into an agreement with an undisclosed investment-grade buyer for the sale of the CAM pipeline system for approximately $85M, less customary closing costs. The transaction is expected to close sometime in 1H.
17:10 EDTMUSAMurphy USA sees FY16 adjusted EBITDA $400M-$440M
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17:07 EDTMUSAMurphy USA reports Q4 continuing ops EPS 69c, consensus $1.05
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February 2, 2016
06:54 EDTRSReliance Steel subsidiary awarded five-year contract by BAE Systems
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January 27, 2016
08:16 EDTMUSAMurphy USA to hold a conference call
Conference call to discuss the company's independent growth plans and share repurchase announcement will be held on January 27 at 9 am. Webcast Link
January 25, 2016
16:49 EDTMUSAMurphy USA announces $500M share buyback, shift in Walmart relationship
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