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Stock Market & Financial Investment News

News Breaks
August 11, 2014
17:35 EDTVLOValero Marketing and Supply awarded $491.7M government contract
Valero Marketing and Supply Company, San Antonio, Texas, has been awarded a maximum $491.7M fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for aviation turbine fuel and naval fuel. This contract was a competitive acquisition with 16 offers received. This is a one-year base contract with a 30-day carry-over period and no option periods. Locations of performance are Texas and California, with a Sept. 30, 2015 performance completion date. The contracting activity is the Defense Logistics Agency Energy, Fort Belvoir, Virginia.
News For VLO From The Last 14 Days
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January 23, 2015
13:41 EDTVLOValero increases quarterly dividend by 45%
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January 21, 2015
07:14 EDTVLOCitgo scraps auction process, to raise debt instead, WSJ reports
The auction for Venezuela’s Citgo Petroleum, which drew interest from Marathon Petroleum (MPC), HollyFrontier (HFC), Valero Energy (VLO) and private equity firms, has been called off, said The Wall Street Journal, citing people familiar with the matter. Citgo will still seek to raise $2.5B in debt at this point and could restart its sales process later, the report added. Reference Link
January 16, 2015
07:40 EDTVLOWolfe Research to hold a conference
1st Annual Oil & Gas 1:1 Refining Conference is being held in Boston on January 16.
January 13, 2015
10:00 EDTVLOOn The Fly: Analyst Upgrade Summary
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07:22 EDTVLOValero upgraded to Overweight from Neutral at JPMorgan
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