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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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March 30, 2015
11:21 EDTXOMHill receives contract from ZADCO to manage infrastructure improvements
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11:01 EDTXOMExxon Mobil begins production at Hadrian South in Gulf of Mexico
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March 27, 2015
06:37 EDTXOMOil retreats after Goldman says attacks won't have much impact, Reuters reports
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March 26, 2015
08:56 EDTXOMExxon Mobil volatility flat as WTI oil trades above $51
Exxon Mobil March weekly call option implied volatility is at 17, May is at 16, June is at 17, and October is at 18; compared to its 26-week average of 19 according to Track Data, suggesting non-directional price movement.
06:36 EDTXOMOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 24, 2015
07:36 EDTXOMWhiting tumbles as stock offering dampens takeover speculation
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March 22, 2015
17:59 EDTXOMOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
10:00 EDTWEXOn The Fly: Analyst Initiation Summary
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07:19 EDTXOMWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTXOMOil prices fall again, Reuters reports
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March 19, 2015
16:19 EDTWEXWEX Inc. initiated with an Outperform at Oppenheimer
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08:38 EDTXOMN.J. State Assembly Judiciary Committee to hold a hearing
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07:19 EDTXOMKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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07:04 EDTXOMAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
06:16 EDTXOMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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