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Stock Market & Financial Investment News

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June 10, 2014
11:45 EDTSNPSinopec doubles production at Iranian oil project, WSJ says
Sinopec has doubled production at its Yadvaran oil project in Iran, as output has risen to about 50,000 barrels a day from 25,000 barrels a day in early April, according to The Wall Street Journal, citing people familiar with the matter. Reference Link
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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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