An explosion at a HollyFrontier (NYSE:HFC) refinery located in Tulsa caused structural damage and a large fire which took hours to extinguish. Currently, the cause of the incident is unknown.
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AutoNation (NYSE:AN) announces retail new vehicles sales increased 14 percent year over year in July to 21,650, led by a 26 percent sales increase from its Import segment.
Shares of Green Mountain Coffee Roasters (NASDAQ:GMCR) sprang back from an AH plunge after earnings. Execs seem to have turned sentiment around during an earnings CC with the knowledge that the coffee seller intends to utilize a new forecasting methodology for the prediction demand. By all appearance, the new “methodology” is a fancy way to say that the company reached too high with previous demand projections
ING (NYSE:ING) considers the sale of its online banking ops in the U.K. and Canada as it attempts to sharpen it focus. The Dutch bank has been selling assets in return for receiving a GBP10 billion rescue during the financial crisis, while it also attempts to raise money for repayment of that aid.
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