Tesoro Corporation (TSO) fell -2.9% during last trading as the stock lost $-2.36 to finish the day at $79.14 with about 3.46M shares changing hands, compared to its three month average trading volume of 2.12M. The $9.68B market cap company, which fluctuated between $79.13 and $81.75 during the day, currently situated 19.11% above its 52 week low of $67.8 and -32.23% away from its one year high of $119.67. The RSI of 59.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.
DDR Corp. (DDR) dropped $-0.59 to close the day at a new closing price of $18.28, a -3.13% decrease in value from its previous closing price that moved the stock 24.27% above its 52 week low of $14.99. A total of 3.42M shares exchanged hands during the day compared with its three month average trading volume of 3.11M. The stock, which fluctuated between $18.21 and $18.59 during the day, currently situated -8.23% below its 52 week high. The stock is down by -4.74% in the past one month and up by 5.73% over the past three months. With a one year target estimate of $19.25 and RSI of 37, the stock still has upside potential, making it a hold for now.
DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. It formerly known as Developers Diversified Realty Corp. DDR Corp is based in Beachwood, Ohio.
News Corporation (NWSA) had a active trading with around 3.42M shares changing hands compared to its three month average trading volume of 3.17M. The stock traded between $13.36 and $13.77 before closing at the price of $13.36 with -3.26% change on the day. The New York New York 10036 based company is currently trading 32.05% above its 52 week low of $10.21 and -14.01% below its 52 week high of $15.68. Both the RSI indicator and target price of 43.41 and $15.47 respectively, lead us to believe that it should be put on hold over the coming weeks.
News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide. The company distributes content and data products, such as The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron’s, MarketWatch, Dow Jones Private Markets, and DJX through various media channels, including newspapers, newswires, Websites, newsletters, magazines, proprietary databases, conferences, and video, as well as applications for mobile devices, tablets, and electronic readers. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers, including The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other Websites. In addition, the company provides home-delivered shopper media, such as free-standing inserts and direct mail products; in-store marketing products and services primarily to consumer packaged goods manufacturers; in-store merchandising services; and digital marketing solutions. Further, it publishes general fiction, nonfiction, children’s, and religious books; and offers sports programming services with seven television channels distributed through cable, satellite and IP, various interactive viewing applications, and broadcast rights to live sporting events. Additionally, the company provides digital advertising services for property and property-related services on Websites and mobile applications; online real estate services; and professional software and services products, including Top Producer, TigerLead, and ListHub, as well as operates residential and commercial property Websites. News Corporation is headquartered in New York, New York.