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Stock Market & Financial Investment News

News Breaks
February 29, 2012
12:30 EDTYPFYPF tumbles ahead of tomorrow's State of the Union address in Argentina
Shares of Argentinean energy company YPF SA (YPF) are retreating, after the chairman of the company arrived in Argentina to meet with the nation's leaders, according to The Buenos Aires Herald. YPF Chairman Antonio Brufau is visiting Argentina amid tensions between the country's government and the company, after President Cristina Fernández de Kirchner criticized YPF for not investing enough money in Argentina. Traders are speculating that Fernandez could make a statement about YPF during her State of the Union address tomorrow, according to Reuters. Adding to traders' concerns, Deutsche Bank quotes a local newspaper as reporting that the president could announce tomorrow that the country's pension funds will take a controlling stake in YPF. Such a development could be very negative for minority shareholders, warns Deutsche Bank, which nonetheless maintains a Buy rating on the stock. In early afternoon trading, YPF fell $2.92, or 9.54%, to $27.68.
News For YPF From The Last 14 Days
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August 28, 2014
12:39 EDTYPFYPF executes shale deal with Petronas
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August 24, 2014
20:18 EDTYPFYPF discovers new gas and oil reserves in Santa Cruz, Buenos Aires Herald says
Argentina-based YPF has discovered new gas and oil reserves in the province of Santa Cruz, says the Buenos Aires Herald. The new reserves have the potential to produce more than 200,000 cubic metres of gas and 370 barrels of oil per day, added the Buenos Aires Herald. Reference Link
August 21, 2014
10:22 EDTYPFOptions with decreasing implied volatility
Options with decreasing implied volatility: AMPE FOLD VHC ACHN JCP WB JD YPF

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