News For SUN From The Last 14 Days Check below for free stories on SUN the last two weeks.
There are 10 items on the Fly with pertinent information.
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February 4, 2010
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| 16:36 EDT |  | SUN |
| | 16:35 EDT | | SUN |
| | 16:34 EDT | | SUN |
| | 15:22 EDT | | SUN |
| theflyonthewall.com: | Companies reporting After the Market Close on Thursday, February 4 | | Notable companies reporting after the bell include Clorox (CLX), D&B (DNB), Fidelity National Information (FIS), FMC (FMC), Microchip Technology (MCHP), PerkinElmer (PKI), Pitney Bowes (PBI), Stericycle (SRCL), and Sunoco (SUN). :theflyonthewall.com |
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February 1, 2010
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| 10:06 EDT |  | SUN |
| | 07:59 EDT |  | SUN |
| theflyonthewall.com: | Braskem, S.A. acquires Sunoco Chemicals in the U.S. | | BRASKEM (BAK) has signed an agreement with Sunoco (SUN) for the acquisition by Braskem of the polypropylene business of Sunoco Chemicals. Sunoco will receive $350M for the shares in Sunoco Chemicals, upon closing, within 60 days. This transaction represents an important step in Braskem's international expansion process. :theflyonthewall.com |
| | 07:23 EDT | | SUN |
| theflyonthewall.com: | Sunoco to permanently shut down Eagle Point refinery due to market conditions |
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| | 07:21 EDT | | SUN |
| theflyonthewall.com: | Sunoco to sell polypropylene business to Braskem | | Sunoco (SUN) said that it has reached an agreement to sell its subsidiary Sunoco Chemicala, comprised of its polypropylene business, to Braskem (BAK) for approximately $350M in cash. The sale will include assets and inventory attributable to the polypropylene business, subject to a market-based working capital adjustment at the time of closing. The transaction is subject to regulatory approval and customary closing conditions, and is expected to close on or before March 31. Sunoco will retain its phenol and derivatives business and expects to record a pre-tax loss on the sale in 1Q10of approximately $185M-$195M. :theflyonthewall.com |
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January 27, 2010
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| 12:01 EDT |  | SUN |
| theflyonthewall.com: | Sunoco volatility low into EPS and refining outlook | | Sunoco is recently down 76c to $25.56. WTI crude futures are recently up .09% to $74.78 according to Bloomberg. SUN is scheduled to report Q4 EPS on February 4. February and March option implied volatility of 37 is below its 26-week average of 41according to Track Data, suggesting decreasing price movement. :theflyonthewall.com |
| | 07:19 EDT |  | SUN |
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