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Stock Market & Financial Investment News

News Breaks
May 27, 2014
09:22 EDTWEX, PSXWex signs multi-year program extension with Phillips 66
WEX (WEX) announced it has signed a multi-year extension to provide private label and universal fleet card services for Phillips 66 (PSX). Through the agreement, WEX will continue to issue fleet cards and provide related payment services to Phillips 66-branded customers. Together, WEX and Phillips 66 will expand upon a sales and marketing program for direct sales while also supporting the efforts of independent marketers and dealers at more than 7,100 Phillips 66, Conoco, and 76-branded retail outlets.
News For WEX;PSX From The Last 14 Days
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July 30, 2014
11:50 EDTPSXPhillips 66 says considering general condensate infrastructure
Says considering general condensate infrastructure, including gathering pipelines and export facilities in addition to Splitter.
11:31 EDTWEXWEX Inc. management to meet with Jefferies
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11:17 EDTPSXPhillips 66 sees Q3 effective tax rate in the mid-30% range
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08:03 EDTPSXPhillips 66 reports Q2 EPS $1.51, consensus $1.70
Q2 earnings related to the company’s equity investment in DCP Midstream were $33M compared with $83M in Q1. The decrease reflects lower gains recorded by Phillips 66 on unit issuances of DCP Midstream Partners. Additionally, earnings were impacted by increased maintenance activity and lower NGL prices, partially offset by improved volumes. Midstream earnings were $108M in Q2, compared with earnings of $188M in Q1.
07:43 EDTWEXWEX Inc. sees FY14 adjusted EPS $4.84-$4.99, consensus $4.87
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07:40 EDTWEXWEX Inc. sees Q3 adjusted EPS $1.30-$1.37, consensus $1.35
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07:39 EDTWEXWEX Inc. reports Q2 adjusted EPS $1.39, consensus $1.23
Reports Q2 revenue $201.6M, consensus $195.53M.
July 29, 2014
15:53 EDTPSXNotable companies reporting before tomorrow's open
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