This marks largest refinery expansion in U.S. since 2012, equivalent to adding a medium-sized refinery. About $2 billion project increases capacity for transportation fuels by 250,000 barrels per day.
Atlantic Equities Downgrades American Intl Gr to Neutral, Lowers Price Target to $65
Atlantic Equities analyst John Heagerty downgrades American Intl Gr (NYSE:AIG) from Overweight to Neutral and lowers the price target from $70 to $65.