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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:46 EDTSNP, WFTSinopec, Weatherford forming oilfield services joint venture, Reuters says
Sinopec (SNP) confirmed an agreement to form an oilfield services joint venture with Weatherford International (WFT), but did not give any financial details, though sources from the venture told Reuters that the newly formed company has a registered capital of more than $50M, the news service reported. Reference Link
News For SNP;WFT From The Last 14 Days
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September 20, 2014
20:43 EDTWFTChesapeake, Weatherford seem attractive, Barron's says
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September 16, 2014
09:59 EDTSNPOn The Fly: Analyst Downgrade Summary
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07:50 EDTSNPSinopec downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Sinopec as the firm was disappointed by the price the company received for its Marketing Co subsidiary. The firm also thinks that Sinopec's decision to acquire the petrochemical assets of Yizheng Company is misguided.

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