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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
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May 29, 2015
09:35 EDTVLOActive equity options trading on open
Active equity options trading on open: AAPL INTC VLO FB HFC AMZN FB BRCM FCX
May 27, 2015
06:18 EDTVLOOppenheimer upgrades refiners on favorable fundamentals
Oppenheimer upgraded to Outperform from Perform shares of HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX) and Tesoro (TSO) saying favorable industry fundamentals will continue to support higher valuations. Wide crude differential, low natural gas prices, growing refined product exports and improved petroleum demand should drive shares of refiners higher, Opco tells investors in a research note. The firm also raised its price target for Outperform rated Valero (VLO) to $70 from $65.
06:14 EDTVLOValero price target raised to $70 from $65 at Oppenheimer
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May 15, 2015
06:01 EDTVLOValero remains a top pick at Goldman
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