New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 25, 2014
11:18 EDTVLOValero falls with peers after U.S. widens oil export potential, levels to watch
The stock gapped down along with its peers after news the U.S.plans to widen exports of oil. The concern is that having to compete with foreign buyers for crude may increase the cost basis for refiners and lower profits. At the current price of $50.86, shares are not trading far from the low of the day at $50.15. The $50 level is an important one for the shares as a move below would confirm a major top in share price as most clearly seen on a 1-year daily chart. Resistance is at $51.89.
News For VLO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 24, 2015
09:45 EDTVLOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:24 EDTVLOValero downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merill downgraded Valero to Underperform and raised its price target to $68 from $64. The firm believes the Refining sector has reverted to a trading sector and downgrade shares ahead of a seasonal slow-down in demand and a deteriorating macro backdrop.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use