March 4- Hess Corp will offload its energy trading arm, Hetco, and exit its retail gasoline and marketing businesses by 2015 after pressure from investors accelerated plans to break up the company's sprawling energy empire.
*Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder- activist investor Elliott Management- to break up the company.
*Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company. The company also said it would buy back up to $4 billion of its stock and increase its annual dividend to $1 from 40 cents, beginning July.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.