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Stock Market & Financial Investment News

News Breaks
February 12, 2013
12:12 EDTXOM, RDS.A, CVX, BPEIA sees brent crude to average $109 per barrel in 2013
In its latest Short-Term Energy Outlook report, the Energy Information Administration said it expects that the Brent crude oil spot price, which averaged $112 per barrel in 2012 and rose to $119 per barrel in early February, will average $109 per barrel in 2013 and $101 per barrel in 2014. The EIA said it expects that falling crude prices will contribute to a decline in the national annual average regular gasoline retail price to $3.55 per gallon in 2013 from $3.63 per gallon in 2012, which is about 11c per gallon higher than forecast in last month's STEO. Reference Link
News For A;CVX;BP From The Last 14 Days
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July 22, 2014
06:29 EDTBPEU weighing new sanctions on Russia, NY Times says
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July 21, 2014
09:00 EDTCVXChevron's Pascagoula refinery begins commercial production
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08:16 EDTBPFMC Technologies signs agreement to develop susbsea equipment and systems
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July 18, 2014
06:33 EDTBPChinese helping Russia blunt sanctions' impact, NY Times says
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July 17, 2014
06:20 EDTAAgilent initiated with a Neutral at Citigroup
Target $64.
July 16, 2014
13:18 EDTBPBP aims to invest $10B in Egypt gas project, Daily News Egypt says
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12:26 EDTCVXChevron to reduce headcount in Aberdeen, Scotland operations, Reuters says
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06:27 EDTBPBP retirement-plan case reintroduced by U.S. court, Reuters says
The 5th U.S. Circuit Court of Appeals in New Orleans brought back a case in which participants in four BP worker retirement savings plans alleged they were tricked into purchasing and holding BP stock before and after the 2010 Deepwater Horizon disaster, according to Reuters, citing comments from BP spokesman Geoff Morrell. Reference Link
July 15, 2014
07:46 EDTBPJacobs receives project services contract from BP
Jacobs (JEC) announced that it was awarded a contract with BP (BP) to provide engineering, design and procurement services for the Coker Heater Replacement Project at its Cherry Point Refinery in Blaine, Washington. Company officials did not disclose the contract value.
July 10, 2014
17:08 EDTCVXChevron reports Q2-May U.S. upstram production 665 MBOED vs. 659 MBOED in 2Q13
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17:05 EDTCVXChevron sees Q2 earnings higher than Q1
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July 9, 2014
10:02 EDTBPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Advanced Energy (AEIS) downgraded to Neutral from Buy at Dougherty... Apollo Global (APO) downgraded to Neutral from Buy at Citigroup... Artisan Partners (APAM) downgraded to Neutral from Buy at Citigroup... Autoliv (ALV) downgraded to Hold from Buy at Nordea... BNP Paribas (BNPQY) downgraded to Neutral from Overweight at JPMorgan... BP (BP) downgraded to Hold from Buy at Deutsche Bank... Carlyle Group (CG) downgraded to Neutral from Buy at Citigroup... Coach (COH) downgraded at Buckingham... Cummins (CMI) downgraded to Buy from Conviction Buy at Goldman... Garmin (GRMN) downgraded to Underperform from Sector Perform at Pacific Crest... Gigamon (GIMO) downgraded to Buy from Strong Buy at Needham... International Paper (IP) downgraded at RBC Capital... Louisiana-Pacific (LPX) downgraded at RBC Capital... Marvell (MRVL) downgraded to Underperform from Perform at Oppenheimer... McGraw Hill Financial (MHFI) downgraded to Market Perform at Raymond James... Moody's (MCO) downgraded to Market Perform from Outperform at Raymond James... Plum Creek Timber (PCL) downgraded at RBC Capital... Potash (POT) downgraded to Neutral from Overweight at JPMorgan... RGS Energy (RGSE) downgraded at Cowen... Taminco (TAM) downgraded to Neutral from Buy at Citigroup... Total (TOT) downgraded to Hold from Buy at Societe Generale... Unilever (UN) downgraded to Reduce from Neutral at Nomura... VMware (VMW) downgraded to Market Perform from Outperform at Wells Fargo... Vectren (VVC) downgraded to Hold from Buy at KeyBanc.
09:13 EDTBPOn The Fly: Pre-market Movers
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05:27 EDTBPBP downgraded to Hold from Buy at Deutsche Bank
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