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A change in renewable fuel regulations would be a negative for companies like Chevron and BP, says S&P Capital IQ.
Here are Thursday's top research calls, including upgrades for Advanced Micro Devices, Hess and Juniper, and a downgrade for Fitbit.
The San Antonio, Texas-based independent refiner will scoop up its across-the-state competitor by exchanging $4.1 billion worth of its shares and picking up $1.7 billion worth of debt.
Renewable energy stocks were under pressure as Americans elect Donald Trump for president of the United States.