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Valero Energy (VLO +0.5%) hits a 52-week high after telling an energy conference it is pursuing...
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Thursday, September 6, 2012, 12:08 PM ETValero Energy (VLO +0.5%) hits a 52-week high after telling an energy conference it is pursuing a separation of its retail business, reviewing several potential transactions including a cash-efficient distribution to shareholders. "Investors and analysts have treated Valero mainly as a refiner, ignoring higher potential value of retail segment," VLO says.
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