Corporate News

Corporate news affecting the convenience store industry

Will guide global marketing, innovation

CHICAGO -- Information Resources Inc. (IRI), a provider of enterprise market information solutions for the consumer packaged goods (CPG), retail and healthcare industries, said that Andrew A. Salzman recently joined the company as executive vice president and global chief marketing officer. In this...

Strong margin environment for refiner-marketer

SAN ANTONIO -- Tesoro Corp. has reported net earnings of $326 million, or $4.66 per share, for second-quarter 2006, compared to net earnings of $184 million, or $2.62 per share, for second-quarter 2005. Bruce A. Smith, chairman, president and CEO of Tesoro, said, The optimal mix of crude sources,...

Strong refining margins for ethanol-blended gas, low-sulfur diesel

PHILADELPHIA -- Sunoco Inc. has reported net income of $426 million ($3.22 per share diluted) for second-quarter 2006 versus $242 million ($1.75 per share diluted) for second-quarter 2005. For the first half of 2006, Sunoco reported net income of $505 million ($3.80 per share diluted) versus $358...

Firm buys 4 Ill. stations for cleanup, resale
Company may not consider any acquisition proposal from Cardinal/Drawbridge
Alon USA Energy Inc. received notice from the FTC that the FTC has closed its investigation of Alon's pending acquisition of Paramount Petroleum Corp.
Completes acquisition of refining equipment, marketing assets
SSA increased same-store merchandise sales by 8.7%
Ten former Git-N-Go locations in Arkansas to re-open soon
Paying property taxes on grossly inflated values isn't fair and isn't good business.

Pages