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Stock Market & Financial Investment News

News Breaks
March 3, 2014
05:36 EDTMPC, VLOU.S. oil refiners increasing capacity, WSJ reports
An abundance of oil from Texas, Oklahoma and North Dakota has refiners looking to expand existing plants and build small new processors around the country, reports the Wall Street Journal. Valero Energy (VLO), Marathon Petroleum (MPC), and others are engineering ways to expand fuel-making capacity at their aging plants without the cost of building entirely new refineries. Reference Link
News For VLO;MPC From The Last 14 Days
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March 4, 2015
07:14 EDTVLOSimmons to hold a conference
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March 3, 2015
16:15 EDTMPCMarathon Petroleum appoints Timothy Griffith as CFO
Marathon Petroleum announced a series of key management changes at MPC headquarters, including the appointments of Donald C. Templin as executive vice president, Supply, Transportation and Marketing, and Timothy T. Griffith as senior vice president and CFO. Both will report to Heminger. Templin, who has served as senior vice president and CFO since June 2011, will provide executive oversight for Supply, Distribution and Planning, Marketing, Transportation and Logistics, and Business Development. Griffith joined MPC in August 2011 as vice president of finance and treasurer, and assumed responsibility for investor relations in early 2014. In his new role, he will oversee the Accounting and Controller's group, Information Technology, Tax, Finance and Investor Relations, and will continue to serve as treasurer. In addition to the changes outlined above, Heminger announced that George P. Shaffner has been appointed senior vice president, Health, Environment, Safety and Security, and John S. Swearingen has been appointed senior vice president, Transportation and Logistics. Also reporting to Templin will be James P. Heintschel in the newly created role of vice president, Business Development. Heintschel served as Business Development director prior to this appointment. All executives involved in the moves will remain at MPC's headquarters in Findlay. These appointments are effective immediately.
February 27, 2015
12:22 EDTVLOValero Energy Partners acquires certain Valero terminating businesses for $671M
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