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Stock Market & Financial Investment News

News Breaks
January 31, 2013
18:38 EDTPBFPBF Energy comments on Toledo refinery operations
PBF Energy reported that its Toledo refinery experienced a drop in steam pressure last night, which was followed by a brief fire beginning at 11:50pm ET within the Fluid Catalytic Cracking, or FCC, complex. Emergency response personnel extinguished the fire in approximately 25 minutes and there were no injuries or known offsite impacts. Appropriate government agencies have been contacted and a full investigation into the cause of the incident is underway. Regarding operations, the FCC was the only unit involved and it has been temporarily shut down. The refinery's other processing units are currently running at reduced rates or on standby. The company expects that it will take several weeks for the refinery to return to planned operations.
News For PBF From The Last 14 Days
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October 24, 2014
17:09 EDTPBFPBF Energy announces resignation of Chief Accounting Officer Karen Davis
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October 13, 2014
10:08 EDTPBFOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bankrate (RATE) downgraded to Equal Weight from Overweight at Stephens... CME Group (CME) downgraded to Market Perform from Outperform at Wells Fargo... Cliffs Natural (CLF) downgraded to Neutral from Overweight at JPMorgan... Dana Holding (DAN) downgraded to Sector Perform from Outperform at RBC Capital... Darden (DRI) downgraded to Neutral from Overweight at Piper Jaffray... Dover (DOV) downgraded to Neutral at RW Baird... DryShips (DRYS) downgraded to Underperform from Outperform at Imperial Capital... Infineon (IFNNY) downgraded to Neutral from Overweight at JPMorgan... J.C. Penney (JCP) downgraded to Sell from Neutral at UBS... Johnson Controls (JCI) downgraded to Outperform from Top Pick at RBC Capital... Juniper (JNPR) downgraded to Hold from Buy at Argus... Kennametal (KMT) downgraded to Market Perform from Outperform at Wells Fargo... Masco (MAS) downgraded to Equal Weight from Overweight at Barclays... New Gold (NGD) downgraded to Neutral from Overweight at JPMorgan... ON Semiconductor (ONNN) downgraded to Sector Perform from Outperform at Pacific Crest... PBF Energy (PBF) downgraded to Underweight from Equal Weight at Barclays... Parker-Hannifin (PH) downgraded to Market Perform from Outperform at Wells Fargo... STMicroelectronics (STM) downgraded to Neutral from Overweight at JPMorgan... Silicon Laboratories (SLAB) downgraded to Sector Perform at Pacific Crest... VOXX International (VOXX) downgraded to Market Perform from Outperform at Cowen.
05:58 EDTPBFPBF Energy downgraded to Underweight from Equal Weight at Barclays
Barclays downgraded PBF Energy to Underweight citing relative valuation. The firm keeps a $30 price target for shares.

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