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Stock Market & Financial Investment News

News Breaks
December 3, 2012
05:56 EDTOXYOccidental Petroleum downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Occidental Petroleum citing valuation, the company's rising capex, and weaker than expected U.S. volumes. The firm lowered its price target for shares to $80 from $95.
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September 16, 2014
09:59 EDTOXYOn The Fly: Analyst Downgrade Summary
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05:36 EDTOXYOccidental Petroleum downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded Occidental Petroleum to Equal Weight saying the company's restructuring could disappoint. The firm believes Occidental's U.S. onshore assets are unlikely to attract a premium and it lowered its price target for shares to $109 from $117.
September 15, 2014
13:51 EDTOXYOccidental chemical unit to pay $190M in Passaic River cleanup, Bloomberg says
According to New Jersey state officials, Occidental Petroleum's chemical unit agreed to pay $190M to cover its liability in the cleanup of industrial contamination in the Passaic River in New Jersey, says Bloomberg Businessweek. Reference Link

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