Tesoro ups profit on BP deal; energy stocks drop from s p 500 share price Watch Video
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Description: NEW YORK (MarketWatch) — Tesoro Corp. rallied Monday after the refining firm said its $1.2 billion acquisition of BP PLC’s refining and marketing operations in southern California will boost its earnings per share by 24% in its first two years, but the broad energy sector fell with losses by WPX Energy and First Solar.nTesoro Corp. TSO jumped 9.5% to $38.87 a share at the closing bell as the top gainer among components of the S&P 500 SPX on the heels of the San Antonio energy company’s
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