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Stock Market & Financial Investment News

News Breaks
November 8, 2012
14:41 EDTRDS.A, ETP, XOM, COPShell, Sunoco to pay $35M to settle groundwater lawsuit
New Hampshire Attorney General Michael Delaney announced that Shell Oil Company (RDS.A) and Sunoco, a unit of Energy Transfer Partners (ETP), will pay $35M to settle pending claims against the companies in a lawsuit initiated in 2003 against refiners and manufacturers of gasoline containing methyl tertiary butyl ether, or MTBE, who supplied New Hampshire with MTBE gasoline. Trial against the remaining defendants is scheduled to begin on January 7, 2013, the AG stated. The remaining defendants are Exxon/Mobil (XOM), Irving Oil, Citgo Petroleum, ConocoPhillips (COP), and Vitol S.A.
News For A;ETP;XOM;COP From The Last 14 Days
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September 26, 2014
05:13 EDTETPSusser Petroleum plans to change name to Sunoco LP, ticker symbol to 'SUN'
Susser Petroleum Partners (SUSP) also plans to change its name to Sunoco LP and its ticker symbol to SUN. The change in name and ticker symbol is intended to align the Partnership's legal and marketing name with that of Energy Transfer Partners' s (ETP) brand, Sunoco. The Partnership is proud to be able to trade under the SUN symbol, which traded on the New York Stock Exchange for almost 87 years until the sale of Sunoco to ETP in October 2012. The change is expected to occur in Q4.
05:08 EDTETPSusser Petroleum announces dropdown transaction to Energy Transfer Partners
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September 24, 2014
19:47 EDTXOMExxon announces new projects to expand specialty hydrocarbon fluid production
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11:22 EDTETPOptions with increasing implied volatility
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September 23, 2014
11:19 EDTETP Options with increasing implied volatility
Options with increasing implied volatility: HLF VRTX TRP CLX ETP VALE
10:02 EDTXOMOn The Fly: Analyst Initiation Summary
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06:05 EDTXOMExxon Mobil initiated with a Neutral at JPMorgan
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September 22, 2014
08:34 EDTETPEnergy Transfer commences binding open season for Bakken pipeline transport
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September 19, 2014
13:44 EDTXOMSources say Exxon Mobil's Torrance, CA, refinery up for sale, Reuters reports
According to sources, Exxon Mobil's 15,000 barrel per day Torrance, California, refinery is up for sale, Reuters reports. One source notes that the refinery "has been looked at extensively." An Exxon spokesman says the company is committed to conducting business in California and would not comment on a potential sale. Reference Link
11:52 EDTXOMExxon Mobil releases staement on Treasury Department sanctions on Russia
ExxonMobil announced that it is complying with all U.S. sanctions. The company said, "The U.S. Treasury Department, recognizing the complexity of the University-1 well and the sensitive Kara Sea arctic environment, has granted a license to ExxonMobil and other U.S. contractors and persons involved to enable the safe and responsible winding down of operations related to this exploration well. The license recognizes the need to protect the safety of the individuals involved in these operations as well as the risk to the environment. All activities related to the wind down will proceed as safely and expeditiously as possible."
September 18, 2014
18:21 EDTXOMExxon Mobil suspends Arctic oil drilling due to sanctions, Bloomberg reports
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17:08 EDTXOMExxon Mobil continues to increase Wolfcamp Position in Permian Basin
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17:04 EDTXOMLINN Energy, LinnCo announce Permian-California trade with Exxon Mobil
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10:34 EDTETPHigh option volume stocks
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September 17, 2014
18:29 EDTAOn The Fly: After Hours Movers
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17:01 EDTAAgilent board approves separation of Keysight, declares special dividend
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16:57 EDTAAgilent creates new group for services, consumables
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16:55 EDTAAgilent announces Mike McMullen to succeed Bill Sullivan as CEO in March 2015
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07:28 EDTETPEnergy Transfer Equity, Energy Transfer Partners to see growth, says UBS
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05:38 EDTCOPWestern Refining to acquire Wingate Plant, assets from ConocoPhillips
Western Refining (WNR) announced that it has entered into an agreement for the acquisition of the 25,000 bpd idled Wingate Fractionation Plant in Gallup, New Mexico from ConocoPhillips (COP). The Wingate facility includes rail loading and offloading capabilities and storage facilities in addition to natural gas liquids fractionation capability. The transaction is expected to close in early October. Terms of the transaction were not disclosed. Jeff Stevens, Western's president and CEO said, "The strategic location of the Wingate facility is a great addition to the logistical assets of Western. It is conveniently located near our Gallup Refinery. This transaction will afford Western greater flexibility in the Four Corners region as it will provide approximately 125,000 barrels of pipeline-connected seasonal NGL storage for our Gallup Refinery; crude oil loading and transportation capabilities, both east and west, through the rail loading terminal; and pipeline connectivity to Western Refining Logistics (WNRL) assets."
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