Sunoco (NYSE:SUN) has plans to sell Ohio phenol plant for $106.5 million.

Sunoco (NYSE:SUN) Selling Plant In $106.5m Deal

Sunoco (NYSE:SUN) has publicized that it has reached an accord to sell its phenol manufacturing facility in Haverhill, Ohio, to Haverhill Chemicals LLC which is an associate of Goradia Capital LLC.

Lynn L. Elsenhans, Chairman, Chief Executive and President Sunoco (NYSE:SUN) said that, “The sale of the Haverhill manufacturing facility continues our efforts to unlock value for shareholders by divesting certain non-core assets and completes our exit from the chemicals business.”

Sunoco (NYSE:SUN) shares were at 35.3 at the end of the last day’s trading. There’s been a -7.9% change in the stock price over the past 3 months.

Sunoco (NYSE:SUN) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.87
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3.25
Zack’s Rank: 7 out of 20 in the industry

Sunoco Logistics has plans to purchase Eagle Point tank farm in Westville.

Sunoco (NYSE:SUN) To Buy More Storage

Sunoco Logistics Partners LP has arrived at an agreement with Sunoco (NYSE:SUN) to purchase the Eagle Point tank farm and related assets in Westville NJ for approximately $100 million in deferred distribution units.

The Eagle Point tank farm consists of around five million barrels of active storage for clean products and dark oils, with the potential to expand storage capacity in the future.

Sunoco (NYSE:SUN) shares were at 42.34 at the end of the last day’s trading. There’s been a -1.6% change in the stock price over the past 3 months.

Sunoco (NYSE:SUN) Analyst Advice
Consensus Opinion: Moderate Sell
Mean recommendation: 3.13
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3.28
Zack’s Rank: 9 out of 20 in the industry

Sunoco (NYSE:SUN) has revealed the occurrence of a fire in a vacuum tower at its Philadelphia refinery.

Sunoco (NYSE:SUN) Reports On Fire

A fire chief with the city fire department, Carl Grynes, said that there have been no injuries and the unit has been isolated.

The fire was under control by local time 3:15 p.m.

A statement on the company’s website reported that “Sunoco emergency response personnel have responded to a fire at the Philadelphia refinery.”

Sunoco (NYSE:SUN) stocks were at 42.16 at the end of the last day’s trading. There’s been a 7.1% movement in the stock price over the past 3 months.

Sunoco (NYSE:SUN) Analyst Advice
Consensus Opinion: Moderate Sell
Mean recommendation: 3.28
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.97
Zack’s Rank: 5 out of 17 in the industry

Sunoco (NYSE:SUN) has announced that PBF Energy has taken control of its oil refinery in Oregon.

Sunoco (NYSE:SUN) Gives Up Plant

The plant, which is located on Woodville Road in Oregon, refines about 170,000 barrels of crude a day.

PBF Energy said on Tuesday that they had planned to buy the refinery for $400 million in December 2010, but the acquisition could only be completed in March.

The company has changed the name of the refinery to Toledo Refining Company.

Sunoco (NYSE:SUN) stocks are currently standing at 42.38.

Price History
Last Price: 42.38
52 Week Low / High: 26.93 / 44.44
50 Day Moving Average: 41.53
6 Month Price Change %: 22.1%
12 Month Price Change %: 49.8%

Sunoco (NYSE:SUN) has plans to restart the Girard Point fluid catalytic cracker regulator.

Sunoco (NYSE:SUN) Restarts Cracker

According to a filing with the regulators on Thursday, the company confirmed that it is restarting the gasoline-making fluid catalytic cracker at the Girard Point section of its 335,000 barrel per day refinery in Philadelphia.

In a notification faxed to regulators on Feb. 21, the company made it clear the unit was restarted on Feb. 22 and is expected to remain in start-up mode for almost 2 to 3 days.

Sunoco (NYSE:SUN) company shares are currently standing at 41.3.

Price History
Last Price: 41.3
52 Week Low / High: 25.74 / 44.44
50 Day Moving Average: 41.08
6 Month Price Change %: 25.0%
12 Month Price Change %: 62.4%

Sunoco (NYSE:SUN) has reported a network crash which affected almost 4,900 company stations.

Sunoco (NYSE:SUN) Network Crashes

This credit system outage forced the customers wanting to buy gasoline and other items at Sunoco (NYSE:SUN) convenience stores to use cash for several hours on Monday as it was impossible to use credit cards.

The company spokesperson Joe McGinn said that “The problem affected Sunoco’s approximately 4,900 company-owned and -operated c-stores from Maine to Florida and from the East Coast to Indiana but not the ones independently operated.”

Sunoco (NYSE:SUN) shares were at 42.05 at the end of the last day’s trading. There’s been a 11.6% change in the stock price over the past 3 months.

Here are several more breaking news stories which could affect market stocks in trading later today.

The following companies should see some movement: Sunoco (NYSE:SUN), Northrop Grumman (NYSE:NOC), Pfizer Inc. (NYSE:PFE).

Here is a more detailed look at the news that will affect each company when trading continues.

Sunoco (NYSE:SUN)

Sunoco (NYSE:SUN) has shut the crude oil pipeline in Oklahoma after finding a leak on Wednesday.
The company told government regulators that the 1,250-barrel spill in Garvin County, south of Oklahoma City, has caused no injuries.

This 10-inch line runs about 20 miles from Eola to Maysville and the cleanup is under progress.

The company Spokesman Thomas Golembeski said that “The cause of the release is being investigated and Sunoco (NYSE:SUN) do not think any refineries are directly supplied by this line.”

Northrop Grumman (NYSE:NOC)

Northrop Grumman (NYSE:NOC) has appointed Jennifer McGarey as its new corporate VP and secretary.
In her new role, McGarey will be responsible for corporate governance and securities compliance and will act as a channel of communication and information among Northrop Grumman’s (NYSE:NOC) leadership and board.

She will be reporting to Sheila Cheston, corporate vice president and general counsel of Northrop Grumman (NYSE:NOC).Cheston said, “McGarey’s experience as a corporate secretary, as well as her legal, financial and human resources expertise will be invaluable in her new role with our company. I look forward to her making immediate contributions that deliver value for our shareholders, customers and employees.”

Pfizer Inc. (NYSE:PFE)

Pfizer (NYSE:PFE) has agreed to pay $632 million to Theraclone for research programs.
Report says that the world’s largest drug maker, Pfizer (NYSE:PFE) will pay up to $632 million to Seattle-based Theraclone Sciences in a research collaboration on antibody drugs for cancer and infectious disease. Theraclone will use this upfront payment as a technology-access fee on two unspecified targets in oncology and two unspecified goals in infectious disease.

Jose-Carlos Gutierrez-Ramos, Pfizer’s (NYSE:PFE) senior vice president and head of biotherapeutics research said, “This fits in the big picture of us wanting to be on the leading edge of biotherapeutics and antibody discovery, and this is one company we are very excited to work with.”

Expect more movement when trading continues for Sunoco (NYSE:SUN), Northrop Grumman (NYSE:NOC) and Pfizer Inc. (NYSE:PFE).

Sunoco (NYSE:SUN) has acquired Virginia’s Harold Keene Coal Co. Inc. for about $40 million.

Sunoco (NYSE:SUN) company shares are currently standing at 40.22.

Sunoco (NYSE:SUN) Acquires Coal Company

SunCoke Energy, which is a major subsidiary of petroleum refiner Sunoco (NYSE:SUN), said in a press release on Monday that this acquisition of the Honaker headquartered coal company includes two underground mines and one surface and high wall mine currently producing 250,000 tons to 300,000 tons of coal every year.

Moreover, these coal reserves are estimated to be at least 16 million tons.

If you’re contemplating investing in Sunoco (NYSE:SUN) shares, be sure you make the trade at the right price. Finding a gap in the market or technical analysis can be a difficult task, but do make sure you take into account the price history:

We will be monitoring the Sunoco (NYSE:SUN) stock level for changes over the next few weeks.