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Stock Market & Financial Investment News

News Breaks
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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August 29, 2014
06:38 EDTXOMRising oil supplies pressuring prices, NY Times says
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August 28, 2014
09:57 EDTWEXOn The Fly: Analyst Initiation Summary
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06:16 EDTWEXWEX Inc. initiated with a Hold at Deutsche Bank
Target $124.
August 27, 2014
06:22 EDTXOMExxon division pays $1.4M to settle Louisiana spill claims, Reuters says
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