New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 28, 2014
12:04 EDTEBAY, APCStocks with call strike movement; EBAY APC
eBay (EBAY) July 62.5 call option implied volatility decreased 2% to 27, Anadarko (APC) May 95 call option implied volatility decreased 3% to 27 according to IVolatility.
News For APC;EBAY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 4, 2015
13:14 EDTEBAYPaypal President Dan Schulman says e-commerce is still in early stages
President Dan Schulman said Paypal is poised to become leader in emerging paradigm, as digitization of money is opening up tremendous and large addressable market for Paypal to play in. Believes e-commerce is still at earliest stages, accounting for only 10% of all of commerce. Says offline and online are blurring, and they're blurring through mobile. Says the company aims for the democratization of money across the world. Comments taken from Paypal President Dan Schulman at Morgan Stanley Technology, Media & Telecom Conference.
March 3, 2015
16:03 EDTAPCWestern Gas Partners acquires Anadarko's 50% inerest in joint venture
Western Gas Partners (WES) announced that it has acquired Anadarko's (APC) 50% interest in the Delaware Basin JV gathering system. The Partnership paid no consideration at closing, but agreed to make a future payment on March 31, 2020 equal to eight times the average of the asset's 2018 and 2019 earnings before interest, taxes, depreciation and amortization, less the capital expenditures incurred by WES from the closing date through February 29, 2020. Based on its current forecast of the asset's performance and capital needs, the Partnership currently estimates the future payment will be $283M. "This immediately accretive acquisition is another step towards the consolidation of our significant Delaware Basin position," said CEO Don Sinclair. "We will benefit from the asset's strategic position, the world-class resources in the Delaware Basin, and the addition of a 100% fee-based asset into our portfolio. Furthermore, the flexible financing structure assists us in maintaining our growth targets in a challenging environment." In conjunction with the acquisition, Anadarko has amended its existing gathering agreement with DBJV to extend the term to December 31, 2024. Gathering rates are determined using a cost-of-service methodology under which DBJV earns a targeted rate of return of 18% over the life of the agreement. The Partnership estimates that the net present value of the purchase price payment is $176M and that the asset will generate $15 to $25M of EBITDA in 2015. The terms of the acquisition were approved by the board of directors of the Partnership's general partner and by the board's special committee, which is comprised entirely of independent directors.
10:44 EDTAPCAnadarko reduces initial FY15 capital expectations by 33% y/y
Subscribe for More Information
08:53 EDTAPCAnadarko sees FY15 oil sales volume up 5%
Subscribe for More Information
March 2, 2015
15:39 EDTAPCAnadarko seeks buyer for East Texas assets, SparkSpread says
Subscribe for More Information
13:07 EDTEBAYPayPal reveals new physical card reader, Venture Beat says
Subscribe for More Information
12:38 EDTEBAYeBay CFO comments on the planned separation with PayPal
Subscribe for More Information
11:18 EDTEBAYPayPal plans to acquire mobile payment startup for $280M, Re/code says
eBay's PayPal plans to acquire mobile payment startup Paydiant for roughly $280M, reports Re/code, citing multiple sources. The deal is expected to close in March or April. Reference Link
February 26, 2015
09:25 EDTAPCAnadarko to host conference call
Subscribe for More Information
08:09 EDTEBAYeBay price target raised to $65 from $61 at RW Baird
Subscribe for More Information
08:06 EDTEBAYeBay files Form 10 related to planned PayPal spin-off
Subscribe for More Information
February 24, 2015
11:40 EDTEBAYStocks with call strike movement; MU EBAY
Subscribe for More Information
08:20 EDTAPCEnterprise, Anadarko, DCP, MarkWest form joint venture for Panola
Enterprise Products Partners (EPD), Anadarko Petroleum (APC), DCP Midstream Partners (DPM) and MarkWest Energy Partners (MWE) announced the formation of a joint venture under which Enterprise will assign 45% ownership interest in its wholly owned Panola Pipeline Company. The interest will be evenly divided among Anadarko’s affiliate, WGR Asset Holding Company, DCP Midstream Partners and MarkWest. Enterprise will continue to serve as operator of the Panola Pipeline and own the remaining 55% interest. The Panola Pipeline, which transports natural gas liquids, originates in Carthage, Texas and extends 181 miles to Mont Belvieu, Texas. Incremental capacity is expected to be available in 1Q16. This corrects the symbol for Enterprise Products Partners.
06:39 EDTEBAYVisa Europe announces 'tokenisation service'
Subscribe for More Information
February 23, 2015
06:21 EDTEBAYFacebook's shuttle drivers approve new union contract, WSJ reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use