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Stock Market & Financial Investment News

News Breaks
February 19, 2012
14:45 EDTXOM, RDS.A, BP, CVXIran ceases oil sales to British, French companies, Bloomberg says
Iran has ceased selling crude to British and French companies in retaliation to EU sanctions, says Bloomberg. Reference Link
News For A;CVX;BP;XOM From The Last 14 Days
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July 2, 2015
09:06 EDTBPBP to settle U.S. federal, state Deepwater Horizon claims for up to $18.7B
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08:55 EDTBPBP reaches settlement deal over GOM spill, Bloomberg says
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08:03 EDTBPBP said to settle Macondo spill claims with states, U.S., Bloomberg reports
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July 1, 2015
18:20 EDTXOM, CVX, BPShell CEO says Opec production has pressured shale companies, FT reports
In an interview with the Financial Times, Shell (RDS.A, RDS.B) CEO Ben van Beurden said Opec's decision not to cut production has sent a "powerful signal... to shale oil companies as well as their financiers that they cannot forget the price risk. The industry will remember it for some time." The CEO noted that industry efforts to boost efficiency and cut costs should keep production going for "a while to come... until the sweet spots start running out." Publicly traded companies in the space include Chevron (CVX), Anadarko Petroleum (APC), Exxon Mobil (XOM), BP (BP), Marathon Oil (MRO), BHP Billiton (BHP), ConocoPhillips (COP), Pioneer Natural Resources (PXD), EOG Resources (EOG), Concho (CXO), Whiting Petroleum (WLL), and Continental Resources (CLR). Reference Link
08:09 EDTCVXSynchrony Financial, Chevron announce enhanced credit card loyalty programs
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June 30, 2015
12:43 EDTCVXChevron management to meet with UBS
Meetings to be held in Frankfurt on June 30 and in Paris on July 1 hosted by UBS.
June 29, 2015
10:14 EDTBPBP, Anadarko penalty appeals rejected by Supreme Court, Reuters reports
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09:36 EDTBPBP, Anadarko appeals on penalties rejected by Supreme Court, Reuters reports
The companies were rejected on appeals to avoid clean water act penalties related to the Deepwater Horizon spill, Reuters said.
09:35 EDTBPActive equity options trading on open
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June 26, 2015
16:00 EDTXOMOptions Update; June 26, 2015
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14:35 EDTBP, XOMImperial Oil and partners Exxon Mobil, BP delay Arctic drilling, CBC News says
Imperial Oil (IMO) as well as its joint venture partners Exxon Mobil (XOM) and BP (BP) have postponed plans for exploratory drilling in the Beaufort Sea, says CBC News Reference Link
13:48 EDTBPLone Star Value calls on Penn Virginia to launch strategic alternatives review
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June 25, 2015
14:29 EDTBPPenn Virginia says did not issue press release earlier, no comment on rumors
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13:08 EDTXOM, CVX, BPPenn Virginia higher after blog speculates on another deal
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12:07 EDTBP, XOM, CVXBP said to make $8/share bid for Penn Virginia, Proactive Investors blog says
BP (BP) has made a $8 per share takeover bid for Penn Virginia (PVA), but the latter rejected the bid and is "holding out" for at least $10 per share, UK investor blog Proactive Investors claimed, citing people familiar with the matter. ExxonMobil (XOM) and Chevron (CVX) may also be interested in buying Penn Virginia, according to Proactive, which identifies itself as a "leading multi-media news organisation, investor portal and events management business." Penn Virginia shares are up 7% in midday trading following the report from the blog, which was previously credited for a report on alleged takeover advances made toward drugmaker Receptos (RCPT). Reference Link
11:58 EDTBPBP said to bid to buy Penn Virginia, Proactive Investors says
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09:34 EDTCVXActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
June 24, 2015
18:16 EDTXOMGoogle, GE, Airbus lead in sheer number of meetings with EU officials
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08:40 EDTXOMExxon closes oil production off Santa Barbara after pipe burst, L.A. Times says
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07:19 EDTXOM, CVX, BPU.K. panel to decide on first fracking in area since 2011, WSJ reports
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