New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 28, 2012
07:39 EDTTRP, EPD, TRN, KMI, MPC, BRK.A, SE, ENB, VLO, ACMU.S. shale energy boom attracts billions in new investment, WSJ reports
The explosion of shale energy production in North America is attracting billions of dollars of investment for pipelines and other infrastructure projects to move oil and gas throughout the continent, reports the Wall Street Journal. Reference Link
News For A;TRN;VLO;MPC;EPD;ENB;KMI;TRP;SE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 7, 2015
07:07 EDTMPCMarathon Petroleum upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Roger Read upgraded Marathon Petroleum to Outperform citing expectations for favorable light/heavy crude oil differentials and "solid" gasoline demand. Read raised his price target range for shares to $58-$61 from $57-$61.
October 6, 2015
07:23 EDTAAmerican Society of Human Genetics to hold annual meeting
Subscribe for More Information
October 5, 2015
05:29 EDTADako announces FDA approval of new companion diagnostic assay
Subscribe for More Information
October 2, 2015
18:24 EDTKMITennessee Gas Pipeline issues statement of MA DPU order on EDCs
Subscribe for More Information
15:57 EDTALabCorp to offer PD-L1 companion diagnostic
Subscribe for More Information
15:43 EDTAQuest Diagnostics introduces Dako's PD-L1 companion diagnostic for KEYTRUDA
Subscribe for More Information
15:25 EDTAAgilent's Dako confirms FDA approval of NSCLC diagnostic
Dako, an Agilent Technologies (A) company and a worldwide provider of cancer diagnostics, announced the FDA approval of a new companion diagnostic assay that can reveal whether a patient with advanced non-small cell lung cancer, or NSCLC, is likely to respond to a new form of treatment. The approval of PD-L1 IHC 22C3 pharmDx strengthens Dako's portfolio of companion diagnostics and the company's leadership position in developing and commercializing companion diagnostic products. Dako developed PD-L1 IHC 22C3 pharmDx in partnership with Merck (MRK), maker of the anti-PD-1 therapy Keytruda. The FDA approved PD-L1 IHC 22C3 pharmDx for use in the United States. Dako hopes to gain regulatory approval for the new diagnostic in Canada, Europe and other jurisdictions next year.
October 1, 2015
12:54 EDTEPDOptions with increasing call volume
Subscribe for More Information
10:31 EDTEPDEnterprise Products increases quarterly dividend to 38.5c per share
Subscribe for More Information
09:36 EDTTRNRailcar sector downgraded to Negative from Mixed at OTR Global
Subscribe for More Information
September 30, 2015
09:02 EDTTRPTransCanada to apply to Nebraska PSC to approve Keystone XL
Subscribe for More Information
06:20 EDTTRPTransCanada to end legal fight with Nebraska landowners, Globe and Mail says
TransCanada is altering its strategy to get the Keystone XL pipeline built through Nebraska by ending a legal skirmish with landowners opposed to the project and instead going to the state's Public Service Commission for approval, the Globe and Mail reports. The company has been trying to achieve U.S. approvals for the $8B pipeline for the past seven years and has said that the new strategy is about avoiding an arduous legal process in Nebraska, the report says. Opponents of the project believe that TransCanada's shift in strategy is a sign that the company needs to reduce legal costs, the report says. Reference Link
September 29, 2015
13:42 EDTKMIKinder Morgan announces additional gas capacity commitments to NED project
Kinder Morgan announced that its subsidiary, Tennessee Gas Pipeline Company, has executed agreements with producers, local distribution companies and a New York end-use market participant totaling 627,000 dekatherms per day for the Supply Path component of the proposed Northeast Energy Direct Project. The agreements will provide a direct supply link from abundant natural gas fields in Pennsylvania to existing and future Northeast and New England markets, and firm transport of incremental supplies for delivery at or near Wright, New York. From the Wright area, shippers can deliver into the Market Path component of the NED project for transport to Dracut, Massachusetts, or into TGP's existing pipeline system or into the Iroquois Gas Transmission system. The incremental gas supplies will help meet New York and New England's growing consumer and industrial gas needs, as well as helping to bolster electric reliability in the region. TGP is continuing to negotiate with additional potential shippers on the NED project, including LDCs and others, and expects to announce these commitments and others at a later date. NED's Supply Path component, from northeastern Pennsylvania to Wright, New York, is scalable up to 1.2 billion cubic feet per day, and its Market Path component is scalable up to 1.3 Bcf/d. The NED project, including the Supply Path and Market Path components, has a planned in-service date of November 2018, subject to regulatory approvals. Additionally, the NED Supply Path component and associated agreements are subject to approval by the Kinder Morgan board of directors.
09:29 EDTMPCDeutsche Bank to hold a conference
Subscribe for More Information
September 28, 2015
13:01 EDTEPDAnalyst says Sanchez Energy's asset sale to strengthen liquidity position
Shares of Sanchez Energy (SN) surged after the company said it plans to sell certain Eagle Ford Shale midstream assets to Sanchez Production Partners (SPP) for $345M. WHAT'S NEW: Sanchez Energy said it reached an agreement with Sanchez Production Partners under which SPP will acquire and operate certain midstream assets located on the Western part of its Catarina asset in the Eagle Ford Shale in South Texas for cash consideration of roughly $345M. As part of the divestiture, Sanchez Energy said it will sell roughly 150 miles of midstream gathering lines and associated midstream infrastructure concentrated in four gathering and processing facilities. The deal is expected to close in October. In a statement, Sanchez Energy chief Executive Officer Tony Sanchez III said the midstream sale "highlights our ability to capture the full spectrum of value in our asset base, raise capital outside of traditional markets and improve our financial flexibility." Sanchez Energy also confirmed this morning that its third quarter 2015 average production will "likely meet or exceed" the high end of the previous guidance range of 46,000-50,000 barrels of oil equivalent per day. The company said it is still confident that it can build a 20-30 well bank toward its 50-well per year drilling commencement at Catarina at its current rig count. WHAT'S NOTABLE: Affiliates of Pioneer Natural Resources (PXD) and Reliance Holding USA sold off pipelines and other midstream assets in the Eagle Ford to Enterprise Product Partners (EPD) in July for $2.15B to be paid in two installments, and Matador Resources (MTDR) recently sold off similar assets to EnLink Midstream Partners (ENLK) for $143M. Meanwhile, Sanchez Production Partners said it will recommend that the board of directors of its general partner approve a plan to start distributions at an initial annualized rate of $1.60 per share. STREET RESEARCH: Northland Capital Markets analyst Jeff Grampp said that the proceeds from the announced asset sale will strengthen Sanchez Energy's "already meaningful" liquidity position and set up the company well for opportunistic acquisitions. The analyst said that even though the company previously discussed the possible sale of midstream assets, the move's value capture is "meaningfully positive" and underappreciated by the market. Grampp reiterated an Outperform rating and $12 price target on the stock. PRICE ACTION: In midday trading, Sanchez Energy is up 5.82% to $5.64 and Sanchez Production Partners is up 88.89% to $8.84.
September 24, 2015
17:04 EDTAMerck, Pfizer to collaborate with Agilent's Dako on Avelumab diagnostic
Subscribe for More Information
08:32 EDTVLOValero Energy Partners upgraded on better than expected transaction at SunTrust
Subscribe for More Information
September 23, 2015
17:54 EDTTRPSaskatchewan government says Keystone XL 'likely' to fail, Canadian Press says
Subscribe for More Information
10:10 EDTTRNHigh option volume stocks
High option volume stocks: MAC NYCB USL NCLH TRN ZOES

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use