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Stock Market & Financial Investment News

News Breaks
March 10, 2014
06:21 EDTSNPSinopec to open up fuel-marketing business, WSJ reports
Sinopec (SNP), which is opening up its fuel-marketing business to outside investors, will allow foreigners to participate in the transaction, the Wall Street Journal reports. Sinpec will allow foreigners to own up to 30% of the fuel-marketing unit. Reference Link
News For SNP From The Last 14 Days
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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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