6:20am ET
Energy
Drop In Refineries Threatens Higher Gas Prices
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 the Northeast…
SUN Coverage Page 11
7:26am ET
Energy
Delta Airlines Considers Buying an Oil Refinery (DAL, COP, SUN, HES)
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 sale in…
8:09am ET
Investing
Top Analyst Upgrades & Downgrades (AMGN, NLY, GPC, GOOG, LPNT, LULU, NUAN, SUN, YHOO, YNDX)
Jon OggThese 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. (NYSE:…
7:31am ET
Investing
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)
Jon OggEach 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 better…
8:22am ET
Investing
Top Analyst Upgrades & Downgrades (ARMH, AVB, GCI, DECK, FSLR, FST, MNST, MAR, NBR, POL, RRGB, SUN, CRM, TGT, TSL)
Jon OggThese 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, Inc.…
8:57am ET
Investing
Sunoco Sets Favored SunCoke Distribution Terms (SUN, SXC)
Sunoco, Inc. (NYSE: SUN) has determined its distribution ratio for the previously announced distribution of its equity interest in SunCoke Energy, Inc. (NYSE: SXC). The distribution in process will be in the…
11:29am ET
Energy
Identifying Value In Refining Stocks (MPC, VLO, MUR, HFC, SUN, TSO, WNR, MRO)
The refining business has been in the news a lot recently for two things. One, it’s making money again. Two, integrated oil companies are shedding refining assets at a rapid pace. Now’s…
6:19am ET
Media
Media Digest (9/7/2011) Reuters, WSJ, NYTimes, FT
Yahoo! (NASDAQ: YHOO) CEO Carol Bartz fired over the phone. (Reuters) Obama may propose a $300 billion employment package with tax cuts and new expenditures to train workers. (Reuters) Pressure increases on…
11:44am ET
Energy
Can Sunoco Shed its Refineries? (SUN, MRO, MPC, COP, VLO, RDS-A, MUR)
Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and gathering systems to focus more on the money-making parts of the…
7:48am ET
Energy
Expanded SunCoke IPO Unlocks Sunoco Value (SXC, SUN)
SunCoke Energy, Inc. (NYSE: SXC) has announced the pricing of its initial public offering of 11,600,000 shares of common stock at $16.00 per share. As a reminder, SunCoke Energy will not receive…
9:12am ET
Energy
Sunoco Expands Coking Unit IPO (SUN, SXC)
Sunoco Inc. (NYSE: SUN) has announced a revised and expanded initial public offering for its SunCoke Energy Inc. business. The company expects to issue 11.6 million shares of common stock and to…
8:33am ET
Investing
Top Analyst Upgrades & Downgrades (ASH, AVNR, CASC, DEO, IGT, IART, LNKD, MCK, MMI, OVTI, SUN, WDC)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Ashland Inc. (NYSE: ASH) Reiterated Buy with $79 target at Argus.…
1:01pm ET
Commodities & Metals
IPO Daily: SunCoke, Promise in Metallurgical Coal (SUN, SXC, MT, X, AKS)
We have seen a filing from SunCoke Energy, Inc. to come public via an initial public offering. What makes this deal stand out more than other IPO filing is that Sunoco, Inc.…
8:20am ET
Investing
Top Analyst Upgrades and Downgrades (ABB, AKAM, AMGN, CCL, GOL, RHT, SUN, SVU, THC, TIBX, TSL, UNH, YGE, YRCW)
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. ABB Ltd. (NYSE: ABB) Raised to Buy at Stern Agee. Akamai Technologies Inc. (NASDAQ:…
6:02am ET
Investing
Restructuring World: Major Spin-Offs From Major Companies (AIG, PUK, AMR, BAC, BCS, BP, GE, GENZ, HBC, LMT, MDR, MOT, STR, SUN, VZ, FTR, VSH)
Restructuring never ends in many large corporations. After a week’s worth of reading through dozens of corporate deals in the pipeline and analyzing others which could be close, it seems that many…