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Stock Market & Financial Investment News

News Breaks
March 12, 2013
08:04 EDTHOC, WNR, TSO, VLO, FTO, MROOil groups say renewable fuel mandate creating imbalances, FT reports
A sharp rise in prices for ethanol credits, known as Renewable Identification Numbers or RINs, may incentivize refiners to export more finished products and discourage imports, according to a senior policy adviser to the American Petroleum Institute, reported Financial Times. For its part, Valero (VLO) said elevated RIN prices will eventually will be "reflected in the price at the pump and people in areas that are short refining capacity will notice it first, the report added. Reference Link
News For VLO;WNR;MRO;TSO;HOC;FTO From The Last 14 Days
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December 19, 2014
10:12 EDTTSOHigh option volume stocks
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December 18, 2014
09:04 EDTVLOValero downgraded to Hold from Buy at Deutsche Bank
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December 17, 2014
17:03 EDTMROMarathon Oil sees FY15 CapEx approximately $4.3B-$4.5B
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07:19 EDTWNR, VLO, TSOIndependent Refiners sector cut to Market Weight at Wells Fargo
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06:59 EDTVLOMarathon Petroleum, Valero, HollyFrontier made bids for Citgo, Reuters says
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December 15, 2014
10:00 EDTMROOn The Fly: Analyst Initiation Summary
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08:55 EDTMROMarathon Oil coverage resumed with a Neutral at Goldman
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December 10, 2014
08:12 EDTTSOTesoro price target raised to $100 from $86 at Credit Suisse
Credit Suisse raised Outperform rated Tesoro's price target to $100 following the growth strategy update.
December 9, 2014
08:15 EDTTSOTesoro to outline potential drop down assets of at least $500M potential EBITDA
Tesoro (TSO) and Tesoro Logistics (TLLP) will host their annual analyst and investor day. At the meeting, Tesoro will outline potential drop down assets that represent at least $500M of potential EBITDA for the logistics business. These drop downs compliment the substantial organic growth opportunities being executed by this business, the company stated.
08:14 EDTTSOTesoro Logistics accelerates timeline to reach $1B of EBITDA to 2017
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08:13 EDTTSOTesoro expects to exceed 2014 improvement targets by over 30%
Tesoro (TSO) and Tesoro Logistics (TLLP) will host their annual analyst and investor day and the companies will provide details on the specific initiatives underway which will drive growth and create value for shareholders and unitholders. They will also provide a full-year 2015 financial outlook and detailed longer-term financial goals. "I am proud to report that in 2014 we have not only met, but we expect to exceed our targets by 30%. "In 2015, we expect to continue this momentum and deliver over $550M of additional improvements which will significantly increase shareholder value by capitalizing on our strong position on the West Coast, capturing margin improvements across our value chain and growing our logistics business," said Greg Goff, Tesoro President and CEO.

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