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Stock Market & Financial Investment News

News Breaks
August 19, 2014
17:34 EDTPBFPBF Energy announces $200M share repurchase program
PBF Energy announced that its board of directors has authorized the repurchase of up to $200M of PBF Class A common stock. This repurchase authorization expires on September 30, 2016. “Returning capital to our shareholders is fundamental to creating value and enhancing shareholder returns,” said PBF Energy CEO Tom Nimbley. “Today’s announcement reaffirms this ongoing commitment to our shareholders.”
News For PBF From The Last 14 Days
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December 18, 2014
16:58 EDTPBFD. E. Shaw Kalon Portfolios reports 5% passive stake in PBF Energy
December 17, 2014
07:19 EDTPBFIndependent Refiners sector cut to Market Weight at Wells Fargo
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December 15, 2014
06:58 EDTPBFPBF Energy downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded PBF Energy to Underperform due to the lower oil price environment and risks of over supply from new global refinery capacity in the Atlantic basin. Price target lowered to $26 from $31.
December 9, 2014
08:45 EDTPBFSnow Capital Management reports 5.2% passive stake in PBF Energy
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