New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 24, 2013
17:10 EDTCNQ, SUSuncor, Canadian Natural could benefit from Keystone XL, Barron's reports
Suncor (SU) and Canadian Natural (CNQ) have not fared well due to environmental fears and an increase in U.S. oil production; however, pipelines like Keystone XL could help the stocks rise over 30%, Barron's contends. Both companies could be attractive to activist investors, the paper adds. Reference Link
News For SU;CNQ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 8, 2016
19:49 EDTSUCanadian Oil Sands replaces CEO after Suncor wins over shareholders
Subscribe for More Information
February 7, 2016
14:40 EDTSUSuncor says COS holders tender 73% of shares, extends offer to February 22
Suncor (SU) announced Friday that approximately 72.9% of Canadian Oil Sands (COSWF) shares, equating to roughly 353.3M common shares, and accompanying rights have been tendered to Suncor's offer. All shares tendered were held by independent shareholders as such term is defined by Canadian Oil's shareholder rights plan. Suncor has extended its offer to February 22. Further extensions are not anticipated, the company noted. Based on the closing trading price of Suncor's common shares on the Toronto Stock Exchange on February 5, the offer represents an implied acquisition price of C$8.93 per share. Suncor will complete a subsequent acquisition transaction to acquire the remaining shares. All shares that remain outstanding will be acquired at the same price of 0.28 of a common share of Suncor. Suncor intends for the offer and the subsequent acquisition transaction to be treated as a reorganization for U.S. federal income tax purposes. If the offer is so treated, a U.S. resident Canadian Oil shareholder generally will not recognize gain or loss for U.S. federal income tax purposes on the exchange. Reference Link
February 4, 2016
14:29 EDTSUSuncor CEO sees being able to protect dividend
Subscribe for More Information
February 3, 2016
20:07 EDTSUSuncor, Canadian Oil Sands reach agreement for COS board support
Subscribe for More Information
20:04 EDTSUSuncor reports Q4 operating EPS (2c), consensus 13c
Subscribe for More Information
14:48 EDTSUNotable companies reporting after market close
Subscribe for More Information
05:08 EDTSUSuncor reminds Canadian Oil Sands holders to tender shares by Feb. 5 deadline
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use