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Stock Market & Financial Investment News

News Breaks
June 19, 2014
07:31 EDTDNR, ARCP, BRX, DRRX, NJR, WEST, RIBT, ENVI, RST, NNVC, MSEX, ANFCThe Wall Street Forum to hold a conference
25th Annual Investment Conference to be held in New York on June 19.
News For DNR;RST;NJR;ANFC;ENVI;DRRX;MSEX;RIBT;BRX;NNVC;WEST;ARCP From The Last 14 Days
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July 31, 2015
07:08 EDTNJRNew Jersey Resources reports Q3 net financial EPS 3c, consensus 5c
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July 28, 2015
06:07 EDTARCPAmerican Realty begins business operations under new name VEREIT
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July 27, 2015
16:06 EDTBRXBrixmor reports Q2 EPS 18c, consensus 12c
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July 23, 2015
09:08 EDTANFCBlack Ridge Oil & Gas launches Joint Venture with Merced Capital
Black Ridge Oil & Gas has signed a definitive agreement with Merced Capital to form an entity that will acquire and develop Williston Basin non-operated assets. The joint venture will be funded by Merced with an initial investment target of $50M. Investments will be subject to Merced approval, and will be managed by Black Ridge. The joint venture assets will be managed by Black Ridge in exchange for a management fee and reimbursement of third party expenses, and after certain investor hurdles are met Black Ridge will receive a share of profits in the venture. Black Ridge will also have the option to co-invest up to 25% on acquisitions and capital expenditures alongside the venture and any such co-investments will reside directly within Black Ridge. Upon the sale of joint venture assets, Black Ridge will also have the option to bid and acquire the assets.
July 22, 2015
13:30 EDTNJRNew Jersey Resources approved to continue SAVEGREEN Project
New Jersey Natural Gas, the regulated subsidiary of New Jersey Resources, received approval from the New Jersey Board of Public Utilities to continue its energy-efficiency offerings under The SAVEGREEN Project through July 31, 2017. Launched in September 2009, SAVEGREEN offers NJNG customers programs that provide financial incentives for investments in energy-efficient equipment and whole-house improvements to reduce energy costs and increase comfort, as well as facility upgrades. These programs complement those administered by New Jersey’s Clean Energy Program and support the goals of the state’s Energy Master Plan to lower customer costs, improve natural gas energy efficiency and conservation, reduce emissions and encourage economic development. With the approval, NJNG will invest more than $75M over the next two years. The majority of SAVEGREEN programs remain unchanged, with some modifications mainly due to NJNG’s experience in the marketplace to better meet customers’ needs and the changing market dynamics.
06:27 EDTDNRDenbury Resources coverage assumed with a Neutral at Credit Suisse
Target $6.

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