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July 17, 2014
07:31 EDTXOM, WEXWEX signs definitive purchase agreement regarding Exxon's Esso Card program
WEX Inc. (WEX) announced the execution of the definitive purchase and sale agreement relating to the previously announced proposed acquisition of ExxonMobil’s (XOM) European commercial fuel card, or Esso Card, program through a majority owned joint venture, WEX Europe Services Limited. In addition, all necessary regulatory approvals have been received and the employee information and consultation processes have been cleared. The transaction is on track and is expected to close in late 2014 or early 2015. “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and CEO.
News For WEX;XOM From The Last 14 Days
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April 20, 2015
08:32 EDTXOMBofA/Merrill European strategists hold an analyst/industry conference call
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07:30 EDTWEXWEX Inc. virtual payments expands currency offering in Europe
WEX Inc., a global provider of corporate payment solutions, announced its European travel customers now have the ability to issue and settle payments in 11 currencies, up from three currencies, through WEX Virtual Payments. As a result of this expansion, WEX Europe will issue virtual credit cards in the Australian dollar, Danish krone, New Zealand dollar, Norwegian krone, Polish zloty, South African rand, Swedish krona, Swiss franc, euro, U.S. dollar and British pound. In addition to companies headquartered in Europe, global companies with a European presence can also take advantage of this offering.
April 17, 2015
14:40 EDTXOMAnadarko weighs sale of Mozambique gas assets to Exxon, Reuters reports
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08:29 EDTXOMU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 14, 2015
06:40 EDTXOMU.S. shale forecast, Yemen fighting lift oil prices, Reuters says
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April 12, 2015
16:49 EDTXOMIEA says Iran nuke deal to have limited impact on supply for years, Reuters says
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April 10, 2015
05:47 EDTXOMStocks with implied volatility movement; EWH XOM
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April 9, 2015
08:21 EDTXOMRoyal Dutch Shell and BP yet to meet Abu Dhabi's sign-on fee, WSJ reports
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06:20 EDTXOMExxonMobil may look to acquire company similar to BG's size, Financial Times say
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06:18 EDTXOMExxon Mobil rejects USW contract offer in Beaumont, Texas, Reuters reports
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April 7, 2015
06:43 EDTXOMOil retreats on reports of Iran, China talks, Reuters says
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06:40 EDTXOMExxon, NJ settlement controversy to continue, WSJ says
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