Statoil Fuel Retail ASA

Statoil Fuel Retail ASA: Couche-Tard surged 63 percent in the year through yesterday, more than 10 other global competitors, data compiled by show . The Laval, Quebec-based company is one of only two stocks in the Standard Poor s/TSX Composite Index to post 15 straight years of rising sales, boosted by its $2.6 billion deal for Norway s Statoil Fuel Retail ASA two years ago, according to the data , according to Bloomberg. Couche-Tard, which means night owl in French, has almost 8,500 gas stations and convenience stores around the world. Its Statoil purchase added about 2,300 gas stations in Scandinavia, the Baltics, Poland and Russia and its the largest independent owner of company-operated stores in the U.S., where it has the Circle K brand and Alimentation Couche-Tard Inc. ATD/B is outperforming other retailers as investors wager the Canadian convenience-store operator is gearing up for more acquisitions after absorbing its latest billion-dollar purchase. Everybody is waiting and watching for the next acquisition, said Vivian Lo, a fund manager at Aston Hill Financial Ltd. If they dont acquire something soon, you ll start to see the stock pull back. Investors would be disappointed if there wasnt a bigger acquisition in place. (news.financializer.com). As reported in the news.