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Stock Market News For Nov 28, 2017

2017-11-28 zacks
Benchmarks turned in mixed performances on Monday as the rally in retail stocks earlier in the session petered out. Moreover, energy shares declined after oil prices fell as investors speculated that the production-cut deal would be extended by OPEC in the meeting slated for this week. Nevertheless, investors remained hopeful of a likely cut in corporate taxes and this boosted the investor sentiment. (80-0)

Statoil Acquires Stakes in Two Fields From Total for $1.45B

2017-11-28 zacks
Statoil ASA (STO - Free Report) has entered into an agreement with Total SA (TOT - Free Report) to acquire equity interests in two fields — Martin Linge and the Garantiana— from the latter for a total consideration of $1.45 billion. The fields are located in the Norwegian continental shelf (NCS). Statoil will acquire a 51% stake in the Martin Linge field and 40% in the Garantiana discovery. About Martin Linge Martin Linge is an oil and gas field under development. (13-0)

Shell Scraps Scrip Dividend, Confirms $25 Billion Buyback Plan - Bloomberg

2017-11-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (58-0)

Amnesty Wants Shell Probed for Nigerian Abuses in the 1990s - Bloomberg

2017-11-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (23-0)

Royal Dutch Shell Vs. Suncor Energy

2017-11-27 seekingalpha
Royal Dutch Shell is the only oil major that made a big acquisition in the downturn while Suncor Energy has also grown significantly through acquisitions. (32-0)

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