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Venoco (VQ) +3.5% premarket after extending the financing date to July 20 in its going-private...

Venoco (VQ) +3.5% premarket after extending the financing date to July 20 in its going-private agreement. Stifel Nicolaus upgrades shares to Buy from Hold, saying while skeptics may view the extension and news of a "signed term sheet" as an attempt to put the company into play, the firm believes visibility on private financing is improving.
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