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Stock Market & Financial Investment News

News Breaks
March 19, 2014
13:40 EDTRDS.A, RDS.B, XOMShell withdraws from Ukraine deal close to Crimea, WSJ says
Royal Dutch Shell (RDS.A, RDS.B) announced that it pulled out of negotiations over an offshore exploration agreement in the Black Sea, west of Crimea in January, according to The Wall Street Journal, citing a company spokesman. The company was part of a group of companies such as Exxon Mobile (XOM) that struck a deal with the Ukrainian government to develop the Skifska oil-and-gas field. Reference Link
News For B;XOM From The Last 14 Days
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July 28, 2014
07:14 EDTXOMExxon mulls broadening Texas plant into largest in country, Reuters says
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July 25, 2014
10:02 EDTXOMOn The Fly: Analyst Downgrade Summary
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06:37 EDTBBarnes Group sees FY14 adjusted EPS $2.23-$2.33, consnesus $2.26
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06:36 EDTBBarnes Group reports Q2 Industrial sales up 25% to $212.8M
Reports Q2 Aerospace sales up 13% to $109.3M
06:35 EDTBBarnes Group reports Q2 adjusted EPS 59c, consensus 59c
Reports Q2 revenue $322.1M, consensus $315.7M
05:41 EDTXOMExxon Mobil downgraded to Underweight from Equal Weight at Barclays
Barclays downgraded its rating on Exxon Mobil (XOM) shares to Underweight from Neutral citing a lack of near-term production growth and the high oil price environment. The firm sees limited upside in shares, but did raise its price target to $105 from $100. Shares of the oil giant closed yesterday up 3c to $104.28.
July 24, 2014
15:29 EDTBNotable companies reporting before tomorrow's open
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July 21, 2014
13:36 EDTXOMExxon Mobil files export application for Alaska LNG project
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July 17, 2014
07:31 EDTXOMWEX signs definitive purchase agreement regarding Exxon's Esso Card program
WEX Inc. (WEX) announced the execution of the definitive purchase and sale agreement relating to the previously announced proposed acquisition of ExxonMobil’s (XOM) European commercial fuel card, or Esso Card, program through a majority owned joint venture, WEX Europe Services Limited. In addition, all necessary regulatory approvals have been received and the employee information and consultation processes have been cleared. The transaction is on track and is expected to close in late 2014 or early 2015. “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and CEO.

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