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Posts related to ‘SUN’

PetSmart Joins S&P 500

Posted: October 2, 2012 at 8:38 am

S&P Dow Jones has announced that it will replace oil and gas company Sunoco Inc. (NYSE: SUN) on the S&P 500 Index with specialty retailer PetSmart Inc. (NASDAQ: PETM) after ...
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Gasoline Prices Rise, Voters Do Not Care (CVX, BP, SUN, VLO)

Posted: August 22, 2012 at 10:19 am

Since the beginning of July, gasoline pump prices have been on a steady march higher, following rising crude prices, which are rising primarily because traders are betting on more government ...
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New Mobile Payments Network to Rival Google Wallet

Posted: August 15, 2012 at 7:09 am

Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to ...
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East Coast Oil Refinery Will Not Close

Posted: July 2, 2012 at 12:58 pm

The oldest refinery on the US East Coast will not be closing in August. The refinery’s owner, Sunoco Inc. (NYSE: SUN) today announced that it would form a joint venture ...
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Refinery Sale Suddenly In Jeopardy (PSX, COP, DAL, SUN, ETP, CG, CVX, VLO, XOM, BP, CVI)

Posted: June 7, 2012 at 1:24 pm

In December 2011, before the spin-off of Phillips 66 (NYSE: PSX) from ConocoPhillips (NYSE: COP), Conoco was believed to be trying to sell its 247,000 barrel/day Belle Chase, Louisiana, refinery ...
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As Crude Prices Fall, Are Refiners Going to Benefit? (HFC, WNR, VLO, TSO, MPC, PSX, SUN)

Posted: May 7, 2012 at 9:57 am

As of about 9:30 this morning, Brent crude is trading at its lowest price in three months, and the price differential between Brent and WTI crude closed to about $12/barrel ...
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Does Delta Make Sense as an Oil Refiner?

Posted: May 1, 2012 at 8:04 am

A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC ...
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24/7 Wall St. Closing Bell (TRP, DMD, ARII, CHK, KFT, DG, KALU, LDK, HUM, SNH, SOHU, ACI, ADM, RATE, BRCM, DPZ, ODP, PFE, SIRI, VLO, BKS, SUN, PAY)

Posted: April 30, 2012 at 4:13 pm

The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a ...
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ETP Acquires Sunoco for $5.3 Billion (ETP, SUN, ETE, SXL)

Posted: April 30, 2012 at 8:56 am

Energy Transfer Partners L.P. (NYSE: ETP) announced this morning that it will acquire Sunoco Inc. (NYSE: SUN) in a cash and common unit deal worth $5.3 billion. The transaction gives ...
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What’s Important in the Financial World (4/10/2012) Sony Loses More Money, Northeast Refineries Shut

Posted: April 10, 2012 at 6:48 am

The Sony (NYSE: SNE) train wreck continues. The Japanese company has appointed a new CEO and will fire 10,000 workers. But annual earnings for the fiscal year are much worse than ...
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Drop In Refineries Threatens Higher Gas Prices

Posted: April 10, 2012 at 6:20 am

There is a relatively new reason to believe gas prices will rise, at least in part of the US. CNNMoney reports that almost 50% of the gas refinery capacity in ...
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Delta Airlines Considers Buying an Oil Refinery (DAL, COP, SUN, HES)

Posted: April 5, 2012 at 7:26 am

In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for ...
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Top Analyst Upgrades & Downgrades (AMGN, NLY, GPC, GOOG, LPNT, LULU, NUAN, SUN, YHOO, YNDX)

Posted: March 6, 2012 at 8:09 am

These are some of this Tuesday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at Bernstein. Annaly Capital Management, Inc. ...
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24/7 Wall St. Top Analyst Calls of the Week (BX, APO, CMA, DELL, DANG, EXM, FSLR, GILD, LVLT, ERIC, MAR, ORCL, SUN, VVUS, WBMD)

Posted: February 25, 2012 at 7:31 am

Each weekend we review the many analyst calls we track during the week.  Some turn out to be very insightful and some turn out to be not so great.  For ...
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Top Analyst Upgrades & Downgrades (ARMH, AVB, GCI, DECK, FSLR, FST, MNST, MAR, NBR, POL, RRGB, SUN, CRM, TGT, TSL)

Posted: February 24, 2012 at 8:22 am

These are some of this Friday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. ARM Holdings PLC (NASDAQ: ARMH) Started as Overweight at Piper Jaffray. AvalonBay Communities, ...
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