When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
APC - With A 4.97% Spread To The Occidental Offer Anadarko Is Looking Very Attractive
Anadarko Petroleum Corporation
I've gone back and forth on Anadarko (APC) since Chevron (CVX) set out to acquire the company. In total, I've written about 15 notes that reflect on the situation. In the end, Occidental Petroleum (OXY) ended up with this prize after a short bidding war. Most recently on the buylist for June, I've marked it as buy-worthy given the ~17% implied annualized return at that time (currently it is near 20%). In addition I've adjusted the closing probability downwards to 96.5% because developments on balance have been slightly negative.