MGIC Investment Corp. (MTG), Radian Group Inc. (RDN), Bank of America Corp. (BAC), Goldman Sachs (GS), Marathon Petroleum Corp. (MPC), HollyFrontier Corp. (HFC), CVR Energy Inc. (CVI) and Western Refining Inc. (WNR) all plunge in Monday's trading.
Bank of America Corp. (BAC) was the worst performer Monday in the Dow Jones Industrial Average, falling 7.9 percent to $6.42. Goldman Sachs Group Inc. (GS) plummeted 4.7 percent to $106.51. That the lowest the financial institution has traded since March 2009.
MGIC Investment Corp. (MTG), the largest mortgage insurer in the United States, fell 11 percent to $1.70. The second largest mortgage insurer, Radian Group Inc. (RDN), was down 8.9 percent to $2.06.
Marathon Petroleum Corp. (MPC) was the second worst performer in the Standard & Poor’s 500 Index, dropping 6.9 percent to $32.57. HollyFrontier Corp. (HFC) declined 5.8 percent to $62.91. CVR Energy Inc. (CVI) fell 5.8 percent to $23.04. Western Refining Inc. (WNR) slashed 4.1 percent to $14.84.
Showing posts with label Marathon Petroleum Corporation. Show all posts
Showing posts with label Marathon Petroleum Corporation. Show all posts
Tuesday, August 23, 2011
Thursday, August 4, 2011
Apple (AAPL) (MPC) (CBS) (CTSH) (EMR) (LNC) EPS Estimates Changed
Apple, Inc (NASDAQ: AAPL), Marathon Petroleum (NYSE: MPC), CBS (NYSE: CBS), Cognizant (NASDAQ: CTSH), Emerson Electric Co. (NYSE: EMR) and Lincoln National Co. (NYSE: LNC) EPS estimates adjusted by analysts.
Jefferies (NYSE:JEF) boosted its EPS estimates on Apple, Inc. (AAPL). They have a “Buy” rating and a price target of $500.00 on the company.
Morgan Stanley (NYSE:MS) raised its EPS estimates on Marathon Petroleum (MPC). They have an “Overweight” rating and a price target of $58.00 on the company.
UBS AG (NYSE:UBS) raised its EPS estimates on CBS (CBS). They have a “Buy” rating and a price target of $31.00 on the company.
Citigroup (NYSE:C) raised its EPS estimates on Cognizant (CTSH). They have a “Buy” rating and a price target of $88.00 on the company.
Goldman Sachs (NYSE:GS) lowered its EPS estimates on Emerson Electric Co. (EMR). They have a “Buy” rating and a price target of $58.00 on the company.
UBS AG raised its EPS estimates on Lincoln National Co. (LNC). They have a “Buy” rating and a price target of $41.00 on the company.
Jefferies (NYSE:JEF) boosted its EPS estimates on Apple, Inc. (AAPL). They have a “Buy” rating and a price target of $500.00 on the company.
Morgan Stanley (NYSE:MS) raised its EPS estimates on Marathon Petroleum (MPC). They have an “Overweight” rating and a price target of $58.00 on the company.
UBS AG (NYSE:UBS) raised its EPS estimates on CBS (CBS). They have a “Buy” rating and a price target of $31.00 on the company.
Citigroup (NYSE:C) raised its EPS estimates on Cognizant (CTSH). They have a “Buy” rating and a price target of $88.00 on the company.
Goldman Sachs (NYSE:GS) lowered its EPS estimates on Emerson Electric Co. (EMR). They have a “Buy” rating and a price target of $58.00 on the company.
UBS AG raised its EPS estimates on Lincoln National Co. (LNC). They have a “Buy” rating and a price target of $41.00 on the company.
Tuesday, July 26, 2011
First Solar (FSLR) (MPC) (SPWRA) (WFR) (P) (A) Get New Analyst Coverage
First Solar, Inc. (NASDAQ: FSLR), Marathon Petroleum (NYSE: MPC), SunPower Co. (NASDAQ: SPWRA), MEMC Electronic Materials Inc (NYSE: WFR), Pandora Media (NYSE: P) and Agilent Technologies Inc. (NYSE: A) get new coverage from analysts.
Auriga initiated coverage on First Solar, Inc. (FSLR). They placed a “Buy” rating and a price target of $157.00 on the company.
Dahlman Rose initiated coverage on Marathon Petroleum (MPC). They placed a “Buy” rating and a price target of $55.00 on the company.
Auriga initiated coverage on SunPower Co. (SPWRA). They placed a “Sell” rating and a price target of $14.00 on the company.
Auriga initiated coverage on MEMC Electronic Materials Inc (WFR). They placed a “Buy” rating and a price target of $11.00 on the company.
JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Pandora Media (P). They placed an “Overweight” rating and a price target of $22.00 on the company.
Cowen initiated coverage on Agilent Technologies Inc. (A). They placed an “Outperform” rating on the company.
Auriga initiated coverage on First Solar, Inc. (FSLR). They placed a “Buy” rating and a price target of $157.00 on the company.
Dahlman Rose initiated coverage on Marathon Petroleum (MPC). They placed a “Buy” rating and a price target of $55.00 on the company.
Auriga initiated coverage on SunPower Co. (SPWRA). They placed a “Sell” rating and a price target of $14.00 on the company.
Auriga initiated coverage on MEMC Electronic Materials Inc (WFR). They placed a “Buy” rating and a price target of $11.00 on the company.
JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Pandora Media (P). They placed an “Overweight” rating and a price target of $22.00 on the company.
Cowen initiated coverage on Agilent Technologies Inc. (A). They placed an “Outperform” rating on the company.
Thursday, January 13, 2011
Marathon Oil (NYSE:MRO) Shares Surge on Plans to Spin-Off Downstream Business
The announcement by Marathon Oil Corporation (NYSE:MRO) that they're going to spin off their downstream business has the share price up over 8 percent today. At one point shares of Marathon were up at close to 12 percent.
After the action, there will be two independent energy companies, with the spin-off being named Marathon Petroleum Corporation, trading under the ticker "MPC."
Marathon Oil Corporation (MRO) will continue on as an upstream company focusing on oil production and exploration. They will continue to trade under the ticker MRO.
Marathon Petroleum Corporation will be based in Findlay, Ohio.
The spin-off is to be effective June 30, 2011, and should be a tax-free event.
Financial advisor for Marathon is Morgan Stanley (NYSE:MS).
After the action, there will be two independent energy companies, with the spin-off being named Marathon Petroleum Corporation, trading under the ticker "MPC."
Marathon Oil Corporation (MRO) will continue on as an upstream company focusing on oil production and exploration. They will continue to trade under the ticker MRO.
Marathon Petroleum Corporation will be based in Findlay, Ohio.
The spin-off is to be effective June 30, 2011, and should be a tax-free event.
Financial advisor for Marathon is Morgan Stanley (NYSE:MS).
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