Worth Watching Stocks in the News: Valero Energy Corporation (NYSE:VLO), Cerner Corporation (NASDAQ:CERN)

On Wednesday, Shares of Valero Energy Corporation (NYSE:VLO), subtract -0.81% and shut at $64.72 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $64.05 and $65.42. Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of about 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through about 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains mainly to refiners and gasoline blenders, in addition to to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of about 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, in addition to truckstop, cardlock, and home heating oil facilities; and credit card business.

Shares of Cerner Corporation (NASDAQ:CERN), added 0.90% and shut at $50.51 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $50.00 and $50.62. The association’s commercial center capitalization is $17.30 Billion with the general uncommon loads of 339.50 million. – The Ministry of Health and Prevention (MOHAP) has renewed and expanded its planned alignment with Cerner, a global leader in health care technology, for the continued implementation of its enterprise wide health IT system, called the Wareed project. The project is designed to establish a streamlined and accessible electronic health record (EHR) between United Arab Emirates (UAE) health facilities and a merged health information database of MOHAP patients through the use of an integrated health care IT system.

Cerner’s solutions and services will support 17 UAE health facilities and 86 primary care clinics, counting more than 2,200 beds. The move is an example of MOHAP’s continued commitment to provide health care services that meet or exceed industry standards for citizens and residents of Dubai and the Northern Emirates.

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