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Stock Market & Financial Investment News

News Breaks
July 14, 2014
18:02 EDTVLO, TSO, HFC, MPCRefiners weak after Valero Q2 guidance misses consensus estimates
Shares of select companies in the oil refinery space are weaker in after-hours trading after Valero, an independent petroleum refining and marketing company, gave second quarter guidance that was lower than consensus estimates. WHAT'S NOTABLE: Valero said it expects Q2 EPS of $1.10-$1.25 versus a consensus estimate of $1.39. PRICE ACTION: Valero shares are lower by $1.70, or 3.4%, to $48.22. OTHERS TO WATCH: Tesoro Corporation (TSO) is down by almost 1%, HollyFrontier Corporation (HFC) is down 0.6%, and Marathon Petroleum Corporation (MPC) is lower by 0.36%.
News For VLO;TSO;HFC;MPC From The Last 14 Days
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August 1, 2014
06:43 EDTMPCMarathon Petroleum upgraded at Credit Suisse
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06:34 EDTMPCMarathon Petroleum upgraded to Outperform from Neutral at Credit Suisse
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July 31, 2014
17:06 EDTMPCOn The Fly: Closing Wrap
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07:11 EDTMPCMarathon Petroleum reports Q2 EPS $2.95, consensus $2.15
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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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