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TSO Articles
Oil refiner Tesoro Corporation (NYSE:TSO) reported fourth quarter earnings of $317 million (EPS of $0.99), excluding special items. On a GAAP basis, the company earned $97 million (EPS of $0.70). The...
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Lower oil prices were supposed to be good for the refiners. Yesterday, Marathon Oil Corporation (NYSE:MRO) released its interim update for the fourth quarter of 2008. Today, Tesoro Corporation...
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It seems that the early bird analyst calls did not capture the notion that analysts are starting 2009 with more opportunities to downgrade stocks. Here are some additional pre-market analyst...
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These are some of the top pre-market upgrades from analysts which we have seen in the early hours this Monday morning: Acorda Therapeutics (ACOR) Raised to Outperform at Baird. Biogen Idec (BIIB)...
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After the market closed yesterday, oil refiner Tesoro (NYSE:TSO) put up some solid good news. For the third quarter, Tesoro’s EPS hit $1.86 on net income of $259 million and revenues of $8.7...
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Oil refiners have had a very tough year. Since January, Marathon’s (NYSE:MRO) stock is off nearly 30%, Valero (NYSE:VLO) has plunged more than 50%, and Tesoro (NYSE:TSO) is off more than 60%. All...
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It’s no secret the oil refining margins have been dropping like a rock for the past few quarters. When pump prices began to approach a US-wide average of about $4/gallon, US drivers started...
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Today’s earnings report from Archer Daniels Midland (NYSE:ADM) not only missed analyst’s targets, but may have missed the broad side of the barn. Analyst expected EPS of $0.67, and got EPS of...
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These are not all of the Downgrades or negative analyst calls seen this morning but these are some of the top calls seen this Friday morning: Best Buy (NYSE: BBY) Cut to Outperform from Top Pick at...
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Marathon Oil (NYSE:MRO) stock is indicated lower this morning in pre-open trading following release of the company’s interim update for the second quarter. Shares of Tesoro Corp. (NYSE: TSO) and...
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Freddie Mac (FRE) sells down 25% to $9.88 on concerns raising capital will wipe out shareholders. The company’s 52-week high is $67.20. Wachovia (WB) Panic selling in financial shares knocks this...
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As we’ve pointed out earlier, oil refining is not the business to be in these days. Refiners have been hit hard by skyrocketing crude oil prices because they are unable to pass along those price...
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Regions Financial (RF) Another beating for bank stocks. Down to $10.75 from 52-week high of $34.60. SunTrust Banks (STI) More regional bank pain. Drops to $$35.95 from 52-week high of $90.90....
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It looks like Joe Public isn’t the only one who thought oil and gas prices were through the roof. It seems that some of the big boys started locking-in prices that seemed extremely high. This...
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We’ve seen several analyst calls on Wall Street this morning out of the oil patch, and here are some of the key calls: Hess (NYSE: HES), Sunoco (NYSE: SUN), and Tesoro (NYSE: TSO) were all started...
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