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Stock Market & Financial Investment News

News Breaks
March 11, 2013
06:04 EDTVLO, MPC, TSOFederal ethanol mandate means higher costs for oil refiners, WSJ reports
The cost of complying with a federal mandate to use corn ethanol in fuel has increased sharply in the past few months, putting a squeeze on oil refiners, reports the Wall Street Journal. The price of each credit that refiners need under the law was over $1.00 on Friday, up from just a few cents last year. The new expenses "will have an impact on refinery margins," said Tom Kloza, chief oil analyst with the Oil Price Information Service. Reference Link
News For VLO;MPC;TSO From The Last 14 Days
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July 30, 2014
17:32 EDTMPCMarathon Petroleum announces additional $2B stock buyback program
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17:07 EDTTSOTesoro raises quarterly dividend 20% to 30c from 25c per share
The dividend is payable on September 15 to all holders of record as of August 29.
17:06 EDTTSOTesoro announces new $1B share repurchase plan
The board of directors has approved a new $1B share repurchase program to become effective upon the full completion of the company's current $1B share repurchase program, expected by the end of 2014.
17:05 EDTTSOTesoro reports Q2 EPS $1.70, consensus $1.82
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15:40 EDTMPCNotable companies reporting before tomorrow's open
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15:31 EDTTSONotable companies reporting after market close
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12:56 EDTMPCMarathon Petroleum increases quarterly dividend 19%
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07:49 EDTVLOValero sees FY14 CapEx $3B, with $870M allocated to logistics investments
07:49 EDTVLOValero reports Q2 refining throughput volumes averaged 2.7M barrels per day
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07:48 EDTVLOValero reports Q2 EPS $1.22, consensus $1.21
Reports Q2 revenue $34.91B, consensus $29.16B
July 29, 2014
15:53 EDTVLONotable companies reporting before tomorrow's open
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11:20 EDTVLOValero increases regular cash dividend to 27.5c from 25c
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July 28, 2014
10:02 EDTMPCOn The Fly: Analyst Upgrade Summary
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08:14 EDTMPCMarathon Petroleum upgraded to Outperform from Peer Perform at Wolfe Research
July 23, 2014
13:38 EDTVLOCST Brands poised for big gains, Barron's reports
Since its spin-off from Valero (VLO), CST Brands (CST) has been raising fuel margins and selling a wider mix of higher margin private-label goods and prepared foods. These upgrades are likely to accelerate earnings growth, Barron's reports. Reference Link
July 21, 2014
16:46 EDTTSOTesoro to launch new petrochemical feedstock project
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