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Benchmark Rates Sunoco
Thursday, August 11, 2011 - 7:34am | 26According to Benchmark, Sunoco (NYSE: SUN), PT may change and is currently under review. SUN closed yesterday at $32.01.
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Tuesday's Top Gainers on NASDAQ: FairPoint, MAKO Surgical, Luminex, Syntroleum
Wednesday, August 10, 2011 - 10:16am | 542POINT ROBERTS - August 10, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 08, 2011. FairPoint Communications was the notable winner in yesterday's sessions with the stock gaining 44.32%. FairPoint...
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Benchmark Comments On Weak 2Q Results For Sunoco
Wednesday, August 10, 2011 - 6:51am | 99According to Benchmark, Sunoco (NYSE: SUN) adjusted second quarter earnings of $0.40 per share were well below both its $0.64 estimate as well as the prevailing consensus forecast of $0.55 per share. Benchmark said that the variance was driven primarily by weaker retail fuels marketing results,...
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Genesis Energy Completes Acquisition of the Black Oil Barge Transportation Business of Florida Marine Transporters
Tuesday, August 9, 2011 - 3:06pm | 105Genesis Energy, L.P. (NYSE: GEL) announced today that it has completed the previously announced acquisition of the black oil barge transportation business of Florida Marine Transporters, Inc. and its affiliates. The purchase price was $141 million plus customary adjustments. The acquired business...
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Sunoco Announces $500M Share Repurchase Authorization
Tuesday, August 9, 2011 - 3:01pm | 37Sunoco, Inc. (NYSE: SUN) announced today that it intends to repurchase up to $500 million of its outstanding common stock, pursuant to an existing authorization from its Board of Directors.
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UPDATE: Bank of America Lowers PT on Clean Energy Fuels from $19 to $16
Tuesday, August 9, 2011 - 6:36am | 115Bank of America has published a report on Clean Energy Fuels Corp (NASDAQ: CLNE) lowering the price target. In the report, Bank of America wrote, "IMW revenue slowed to $14 million from almost $17 million in 1Q/11. Last year, IMW was selected to supply equipment for 120 stations for China Gas,...
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Bank of America Lowers PO On Clean Energy Fuels To $16
Tuesday, August 9, 2011 - 4:53am | 29Bank of America has lowered the price objective on Clean Energy Fuels (NASDAQ: CLNE) from $19 to $16 and maintains its Buy rating.
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UPDATE: Bank of America Upgrades Genesis Energy Inc from Neutral to Buy
Monday, August 8, 2011 - 7:44am | 102Bank of America has published a report on Genesis Energy (NYSE: GEL) upgrading the company to Buy. In the report, Bank of America wrote, "We are upgrading GEL to Buy (from Neutral) on valuation after the recent sell-off. GEL is currently yielding 7.4% versus a 6.9% yield for the Alerian MLP Index...
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Bank of America Upgrades Crosstex Energy to Buy
Monday, August 8, 2011 - 7:36am | 46Bank of America upgraded its rating on Crosstex Energy (NASDAQ: XTEX) from Neutral to Buy. At the moment, the rating agency has a price target of $18 placed on the company's stock. On Friday, XTEX closed the day at $15.02.
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Bank of America Upgrades Crosstex Energy To Buy
Monday, August 8, 2011 - 6:52am | 21Bank of America has upgraded Crosstex Energy (NASDAQ: XTEX) from Neutral to Buy.
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Bank of America Upgrades Genesis Energy To Buy
Monday, August 8, 2011 - 6:42am | 21Bank of America has upgraded Genesis Energy (NYSE: GEL) from Neutral to Buy.
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Earnings Scheduled For August 8
Monday, August 8, 2011 - 2:50am | 413Dollar Thrifty Automotive Group Inc (NYSE: DTG) is projected to report its Q2 EPS at $1.37 on revenue of $408.57 million. MGM Resorts International (NYSE: MGM) is projected to report a FQ4 loss at $0.13 per share on revenue of $1.59 billion. 99 Cents Only Stores (NYSE: NDN) is expected to...
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Rentech Nitrogen Partners Announces Filing of Registration Statement for IPO
Friday, August 5, 2011 - 6:09am | 98Rentech Nitrogen Partners, L.P., a wholly owned subsidiary of Rentech, Inc. (NYSE: RTK), announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission in connection with a proposed initial public offering of its common units representing...
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Rentech Adopts Tax Benefit Preservation Plan
Friday, August 5, 2011 - 6:08am | 174Rentech, Inc. (NYSE: RTK) announced today that its Board of Directors has adopted a tax benefit preservation plan intended to protect the value of the Company's net operating loss carryforwards. The tax benefit preservation plan is similar to tax benefit preservation plans adopted by many other...
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Pre-Market Winners
Thursday, August 4, 2011 - 8:16am | 149Zipcar (NASDAQ: ZIP) is trading up over 11.50% after Q2 earnings. Delek US Holdings (NYSE: DK) is trading up over 8.18% after reporting Q2 earnings. Sourcefire (NASDAQ: FIRE) is trading up over 9.35% after reporting Q2 earnings. Andersons (NASDAQ: ANDE) is trading up over 7.10% after reporting Q2...