stocks Tesoro Corp

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  • Tracinda it is withdrawing its offer for a minority stake in oil refiner Tesoro, citing Tesoro's plan for a "poison pill", the Wall Street Journal reports. Tracinda is the investment vehicle of billionaire Kirk Kerkorian.

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    Kirk Kerkorian’s decision to pull its tender offer for a stake in Tesoro was “surprising,” said CEO Bruce Smith in a "Fast Money" exclusive. What really happened?

  • Stocks closed sharply higher after a rebound by the battered financial sector spread across the entire market.

  • Oil Refinery in California

    Investor Kirk Kerkorian's Tracinda said Tuesday that it was withdrawing its offer to buy 16 percent of Tesoro because of the refiner's recent adoption of a "poison pill" shareholder rights plan.

  • Kirk Kerkorian

    Investor Kirk Kerkorian's Tracinda Monday said that refiner Tesoro's decision to adopt a "poison pill" shareholder rights plan could jeopardize its offer to buy 16 percent of Tesoro's shares.

  • U.S. refiner Tesoro said Wednesday its board of directors is neutral on whether shareholders should accept a tender offer from Kirk Kerkorian's Tracinda Corp to buy 16 percent of the company.

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    With crude oil closing in on the $100 mark, what are the implications for the economy and your stocks?

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  • Most of Wall Street might disagree with the billionaire's move into oil refiners, but Cramer thinks he's right. Here's how to play the pin action.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Oil refiner Tesoro said it would review an unsolicited proposal by Kirk Kerkorian's Tracinda Corp. to buy a minority stake in the  company for about $1.4 billion, but urged shareholders to take no action on the offer.

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    Exxon and big oil companies are scheduled to report quarterly earnings next week, amid record level crude prices. But the traders are nervous. Why?

  • Ending at highs for the week, with both the Dow and the S&P up more than 2% for the week; Nasdaq up nearly 3%. Techs up on Microsoft; energy stocks up on oil, Kerkorian's partial bid for Tesoro, and a belief that global growth will remain strong and not diminish demand for oil; and thrifts up on Countrywide.

  • Kirk Kerkorian's Tracinda said Friday it will tender for up to 16 percent, or 21.8 million shares, of oil refiner Tesoro at $64 per share.

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    It seems like simple common sense: crude goes up, gasoline follows and oil stocks hit new highs. But not anymore. The chief economist at Tesoro (TSO) explains the cause-and-effect breakdown and whether it’s here to stay.

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

  • Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.