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Stock Market & Financial Investment News

News Breaks
March 1, 2013
16:06 EDTVNRVanguard Natural sees FY13 total production 31,350-33,317 BOE/d
News For VNR From The Last 14 Days
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October 22, 2014
10:09 EDTVNROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AOL (AOL) upgraded to Buy from Hold at Evercore... ARM Holdings (ARMH) upgraded to Buy from Neutral at UBS... American Assets Trust (AAT) upgraded to Buy from Hold at MLV & Co.... American Midstream Partners (AMID) upgraded to Buy from Neutral at Ladenburg... BancorpSouth (BXS) upgraded to Neutral from Underweight at JPMorgan... Chesapeake (CHK) upgraded at UBS... Chuy's (CHUY) upgraded to Buy from Hold at Stifel... Dean Foods (DF) upgraded to Overweight from Equal Weight at Morgan Stanley... East West Bancorp (EWBC) upgraded at BMO Capital... El Paso Electric (EE) upgraded to Buy from Neutral at Ladenburg... Generac (GNRC) upgraded to Buy from Hold at KeyBanc... Gold Fields (GFI) upgraded to Overweight from Neutral at HSBC... Harmony Gold (HMY) upgraded to Neutral from Underweight at HSBC... Hess Corp. (HES) upgraded to Buy from Neutral at UBS... Hovnanian (HOV) upgraded to Market Perform from Underperform at JMP Securities... Intuitive Surgical (ISRG) upgraded to Buy from Neutral at BTIG... OMV AG (OMVKY) upgraded to Neutral from Underperform at Credit Suisse... Seaspan (SSW) upgraded to Neutral from Underperform at Credit Suisse... Sibanye Gold (SBGL) upgraded to Neutral from Underweight at HSBC... Smith & Nephew (SNN) upgraded to Overweight from Equal Weight at Barclays... Southwestern Energy (SWN) upgraded to Buy from Hold at Maxim... Steel Dynamics (STLD) upgraded to Outperform from Neutral at Macquarie... Steris (STE) upgraded to Strong Buy from Market Perform at Raymond James... Tesoro Logistics (TLLP) upgraded to Strong Buy from Outperform at Raymond James... Texas Instruments (TXN) upgraded to Outperform from Market Perform at Bernstein... Twitter (TWTR) upgraded to Hold from Sell at Hudson Square... Vanguard Natural (VNR) upgraded to Buy from Hold at Wunderlich... Volaris (VLRS) upgraded to Buy from Hold at Deutsche Bank... Wilshire Bancorp (WIBC) upgraded to Outperform from Neutral at Macquarie... Yahoo (YHOO) upgraded to Outperform from Market Perform at FBR Capital.
07:00 EDTVNRVanguard Natural upgraded to Buy from Hold at Wunderlich
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October 15, 2014
07:16 EDTVNRVanguard Natural board authorizes $10M common unit buyback program
Vanguard Natural Resources announced that its Board of Directors authorized a $10M common unit buyback program. The program was approved for an initial three month period which authorizes the company to make open market purchases pursuant to the SEC guidelines of Rule 10B-18. The company intends to hold the common units to fund the company’s long-term incentive plan as directed by the Compensation Committee. Executive Vice-President & CFO, Richard A. Robert commented also commented on the stock price fluctuations in the market place stating, “Companies in the energy sector as a whole and particularly the upstream MLP space have experienced large declines in stock price within the last 30 days in tandem with declines in crude oil prices. While Vanguard has experienced an approximate 24% drop in the unit price in the last 30 days we felt it is important to remind our investor base the risk mitigation strategies Vanguard employs to protect cash flow and maintain the monthly cash distributions to our investors which currently yields 11.4% on an annualized basis. For 2015, says assuming CapEx program of $215M, average NGL basket price of $24.44 per barrel, 25bp LIBOR interest rate increase effective July 1, 2015.

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