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Marathon Petroleum Corp

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  • South African stocks fall as rand hits mining firms Friday, 12 Oct 2012 | 11:47 AM ET

    JOHANNESBURG, Oct 12- South African shares turned slightly negative on Friday as the strengthening rand currency. undermined stock prices of resource firms such as Harmony Gold.

  • Your First Move for Thursday, Oct. 11 Wednesday, 10 Oct 2012 | 6:09 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • Shares of refiners fall on Chevron's 3Q outlook Wednesday, 10 Oct 2012 | 3:10 PM ET

    NEW YORK-- Shares of several oil refining companies fell Wednesday after Chevron Corp. said its third-quarter results will be substantially lower than its second-quarter earnings.

  • S.African stocks end positive, but gold miners dim Wednesday, 10 Oct 2012 | 12:19 AM ET

    JOHANNESBURG, Oct 10- South African shares turned positive for the first time this week but Gold Fields and other bullion mining firms took a beating from a recovery in the local currency. Absa, the South African bank majority owned by Barclays, fell 2.8 percent to 134.60 rand.

  • HOUSTON Oct 9- Marathon Petroleum Corp and Harvest Pipeline Company said on Tuesday they have agreed to jointly build a truck-to-barge system on the Ohio River to transport crude oil produced in the Utica shale oil play to refineries for processing.

  • Oct 9- Marathon Petroleum Corp:. *Marathon Petroleum Corporation and Harvest Pipeline Company sign letter of. Ohio river at Wellsville, Ohio.

  • Oct 9- Marathon Petroleum Corp:. *Oppenheimer raises Marathon Petroleum Corp price target to $70 from. Reuters Station users, click. 1568.

  • *Howard Weil Raises HollyFrontier Corp price target to $39 from $34;. *Howard Weil Raises Marathon Petroleum Corp price target to $58 from. *Howard Weil Raises Phillips 66 price target to $50 from $39; rating.

  • Oct 9- Marathon Petroleum Corp:. *Raymond James Raises Marathon Petroleum Corp price target to $62 from. Reuters Station users, click. 1568.

  • U.S. stock index futures dip; eyes on Alcoa Tuesday, 9 Oct 2012 | 5:46 AM ET

    PARIS, Oct 9-* U.S. stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures 0.13 percent lower and Nasdaq 100 futures down 0.36 percent at 0922 GMT.

  • PRESS DIGEST - Wall Street Journal - Oct 9 Tuesday, 9 Oct 2012 | 2:14 AM ET

    Oct 9- The following are the top stories in the Wall Street Journal on Tuesday. *BP Plc said Monday it has sold the large Texas City refinery, scene of a fatal industrial accident in 2005, to Marathon Petroleum Corp in a deal worth up to $2.5 billion.

  • Oct 9- Marathon Petroleum Corp:. *Barclays raises Marathon Petroleum Corp price target to $88 from $80;. Reuters Station users, click. 1568.

  • *Marathon to purchase refinery for $598 million. HOUSTON, Oct 8- Marathon Petroleum Corp is buying BP Plc's Texas City refinery, the site of a deadly industrial accident, in a $2.5 billion deal that will make it the No. 4 U.S. refiner with a bigger potential slice of lucrative exports.

  • Netflix, Green Dot, Alliance are market movers Monday, 8 Oct 2012 | 4:52 PM ET

    NEW YORK-- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:. Green Dot Corp., down $2.60 at $10.25. Shares of the prepaid card seller fell after Wal-Mart Stores Inc. and American Express said they will team up to make a rival card.

  • TEXT-S&P affirms Marathon Petroleum, Corp ratings Monday, 8 Oct 2012 | 3:36 PM ET

    --Marathon Petroleum Corp. announced that it will acquire BP PLC's Texas City refinery and related assets for $598 million, plus an additional $1.2 billion for inventories. Rating Action On Oct. 8, 2012, Standard& Poor's Ratings Services affirmed its' BBB' and' A-2 ratings' on U.S.-based Marathon Petroleum Corp. The outlook is stable.

  • Midday Movers: AAPL, KMX, MPC & More Monday, 8 Oct 2012 | 12:42 PM ET

    Take a look at some of Monday's midday movers:

  • U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season.

  • *Marathon to purchase refinery for $598 million. Oct 8- Marathon Petroleum Corp struck a deal to buy BP's Texas City refinery and related infrastructure for up to $2.5 billion, a purchase that would make Marathon the fourth-largest refiner in the United States.

  • UPDATE-Marathon to buy BP's Texas City refinery Monday, 8 Oct 2012 | 9:32 AM ET

    *Marathon to purchase refinery for $598 million* Inventory worth around $1.2 billion* Marathon could pay up to another $700 mln over 6 years. Marathon Petroleum's shares rose to $56.38 in pre-market trading, after closing on Friday on the New York Stock Exchange at $54.87.

  • BP sells Texas City refinery to Marathon Petroleum Monday, 8 Oct 2012 | 9:31 AM ET

    NEW YORK-- BP has finally found a buyer for its Texas City refinery, one of the largest and most complex in the U.S. Marathon Petroleum Corp. will pay only $598 million for the refinery itself and other nearby pipelines and fuel terminals. The Texas City refinery has a troubled history.