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Stock Market & Financial Investment News

News Breaks
December 6, 2012
06:08 EDTKKR, CVX, RDS.A, KOS, XOM, CIE, BPOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Shipping some of the newly abundant U.S. natural gas overseas would benefit the nation's economy more than keeping it all at home, according to a long-awaited study by the Energy Information Administration, which has the potential to reshape the global energy market. The endorsement could turn the tide in a politically sensitive issue, the Wall Street Journal reports...Regulators and market analysts say some money managers wait until the last moments of a quarter to bid aggressively for more shares of a stock they already own, which drives up the value of their entire position in the stock. A Wall Street Journal analysis of daily trading in about 10,000 stocks since 2004 found that on the final trading day of each quarter, there was a sharp increase in the number of stocks that beat the market by at least five percentage points, then trailed it by three points or more the next trading day, the Wall Street Journal reports...REUTERS: Apple’s (AAPL) rank in China's smartphone market fell to number six in Q3, or under 10%, as it faces tougher competition from Chinese brands, according to research firm IDC, Reuters reports...The European Central Bank will likely keep interest rates on hold on today but may offer clues on its policy path for next year with updated forecasts likely to present a difficult outlook for the euro zone economy in 2013, Reuters reports...BLOOMBERG: Chevron (CVX), facing its longest slide in energy output in four years, could use its record cash to reignite growth by acquiring Cobalt International Energy (CIE) or Kosmos Energy (KOS), Bloomberg reports...KKR & Co. (KKR) sees investment opportunities in Southeast Asian companies that will benefit from economic growth and increased consumer spending in 2013, Bloomberg reports.
News For A;BP;XOM;CVX;CIE;KOS;KKR From The Last 14 Days
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June 19, 2013
05:56 EDTBPEU looking for evidence that oil traders manipulate prices, WSJ reports
The EU is investigating manipulation of benchmarks as part of a probe into whether energy traders skew prices of oil and other fuels for their own financial benefit, reports the Wall Street Journal. Reference Link
June 18, 2013
10:49 EDTKKRSiemens seeks private equity offers for Nokia Siemens Networks, Reuters says
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09:37 EDTCVXBNP Paribas to broker Chevron Nigeria oil sales, Reuters reports
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07:13 EDTXOM, CVX, BPU.S. oil exports highest in 30 years, Bloomberg reports
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06:04 EDTCVX, BP, XOMEnergy firms may look to courts over U.S. natural gas exports, Reuters reports
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June 17, 2013
16:07 EDTCVXTesoro Logistics confirms FTC clearance for purchase of Chevron system
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15:35 EDTCVXFTC requires Tesoro to sell petroleum terminal for Chevron deal
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10:10 EDTCVXOn The Fly: Analyst Downgrade Summary
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08:00 EDTCVXChevron downgraded to Hold from Buy at Jefferies
Jefferies downgraded Chevron with a $135 price target citing valuation and expectations its growth can lag the sector average.
June 16, 2013
14:13 EDTCVXChevron confirms first cargo from Angola LNG
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June 14, 2013
08:06 EDTCVX, BP, XOMLNG trade declined in 2012, FT reports
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07:23 EDTKKRSiemens considers deal for Nokia Siemens, WSJ reports
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June 13, 2013
14:29 EDTXOMU.S., Arkansas file joint complaint against Exxon for Pegasus spill
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07:09 EDTXOM, CVX, BPU.S. crude oil production surged 14% in 2012, WSJ reports
U.S. crude oil production grew by over 1M barrels a day last year, the largest increase in the world and the largest in U.S. history. In the latest sign of the shale revolution remaking world energy markets, crude production in the U.S. jumped 14% last year to 8.9M barrels a day, according to the newly released Statistical Review of World Energy, published by BP, reports the Wall Street Journal.Reference Link
06:10 EDTBPOn the Fly: Periodicals Wrap-Up
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June 12, 2013
07:21 EDTKKRThe NYSSA to host a conference
23rd Annual High Yield Bond Conference is being held in New York on June 12.
June 11, 2013
19:21 EDTXOMRosneft, ExxonMobil finalize Arctic research agreements
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12:15 EDTBP, CVX, XOMEIA sees Brent crude to average $102/barrel over 2H, $100/barrel in 2014
In its updated short-term energy outlook, the U.S. Energy Information Administration expects Brent crude oil spot price to average $102 per barrel over 2H, and $100 per barrel in 2014. EIA expects the price of regular gasoline will average $3.53 per gallon over the summer driving season. The annual average regular gasoline retail price is projected to decline from $3.63 per gallon in 2012 to $3.49 per gallon in 2013 and to $3.37 per gallon in 2014. Reference Link
10:09 EDTXOMExxon Mobil in talks for stake in Turkey's Black Sea block, Reuters reports
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10:03 EDTKOSOn The Fly: Analyst Downgrade Summary
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