European Refining Margins Fall to 5-Month Low on Higher Brent Oil Prices

(Bloomberg) -- Refining margins in Northwest Europe
fell to the lowest in five months as cuts in North Sea supply
pushed Brent crude oil close to a record.

Brent cracking margins in Northwest Europe fell to minus
$1.96 a barrel on Friday, down from 35 cents the previous day,
according to data compiled by Bloomberg. That's the lowest level
since Feb. 2 when margins fell to minus $2.66.


Read more at Bloomberg Energy News

Chittenden, H&R Block, Nuvelo, Spectra, SurModics: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 10:10 a.m. New York time.

Oil Refiners: Citigroup Global Markets Inc. downgraded
shares of Valero Energy Corp. (VLO US), the largest U.S. refiner,
and Tesoro Corp. (TSO US), the largest refiner in the U.S. West,
to ``sell'' from ``hold'' because of valuations. Sunoco Inc. (SUN
US), the biggest refiner in the Northwest, was cut to ``hold''
from ``buy.'' Valero fell $2.61, or 3.5 percent, to $72.05.
Sunoco lost $3.56 to $76.77 and Tesoro retreated $2.80 to $55.11.


Read more at Bloomberg Stocks News

Northwest Air shares rise after Big Board launch

(Reuters) - Northwest's previous stock was delisted from Nasdaq in September 2005, shortly after the carrier entered bankruptcy. That stock has now been canceled.




Read more at Reuters.com Hot Stocks News