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Stock Market & Financial Investment News

News Breaks
June 18, 2014
19:36 EDTENB, EEPEnbridge Energy Partners to benefit from equity restructuring
Enbridge Energy Partners (EEP) and Enbridge (ENB) announced an agreement to undertake a restructuring of the partnership's equity under which its general partner will permanently waive its existing incentive distribution rights in exchange for Class D units and new incentive distribution units. This restructuring will decrease the general partner's share of incremental cash distributions from 48% of all distributions in excess of 49.5c per unit per quarter down to 23% of all distributions in excess of the partnership's current quarterly distribution of 54.35c per unit per quarter. As a result, the share of incremental cash available for distribution to holders of Class A common units will increase correspondingly. The restructuring will be effective July 1 and will apply to all distributions declared subsequent to that date.
News For EEP;ENB From The Last 14 Days
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December 17, 2014
19:01 EDTENBEnbridge reports crude oil release at Regina Terminal
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December 9, 2014
12:30 EDTEEPWells Fargo to hold a symposium
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December 8, 2014
10:00 EDTEEPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Antero Resources (AR) upgraded to Buy from Neutral at Citigroup... Apache (APA) upgraded to Buy from Neutral at Citigroup... Applied Materials (AMAT) upgraded to Buy from Hold at Deutsche Bank... Arch Capital (ACGL) upgraded to Outperform from Market Perform at BMO Capital... CU Bancorp (CUNB) upgraded to Buy from Hold at Sandler O'Neill... Calpine (CPN) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Market Perform from Underperform at Keefe Bruyette... EastGroup Properties (EGP) upgraded to Neutral from Underperform at Credit Suisse... Enbridge Energy Management (EEQ) upgraded to Equal Weight at Morgan Stanley... Enbridge Energy (EEP) upgraded to Equal Weight from Underweight at Morgan Stanley... GasLog (GLOG) upgraded to Buy from Hold at Stifel... Hoegh LNG (HMLP) upgraded to Buy from Neutral at UBS... Illinois Tool Works (ITW) upgraded to Buy from Accumulate at Global Hunter... LaSalle Hotel (LHO) upgraded at Morgan Stanley... Lufthansa (DLAKY) upgraded to Buy from Neutral at Nomura... NASDAQ (NDAQ) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Citigroup... Omega Healthcare (OHI) upgraded to Buy from Hold at Jefferies... Orange SA (ORAN) upgraded to Conviction Buy from Neutral at Goldman... SM Energy (SM) upgraded to Outperform from Market Perform at BMO Capital... Southwest (LUV) upgraded at Goldman... TSMC (TSM) upgraded to Buy from Neutral at BofA/Merrill... United Technologies (UTX) upgraded at Bernstein... eBay (EBAY) upgraded to Buy from Hold at Stifel.
08:00 EDTEEPEnbridge Energy upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley upgraded Enbridge Energy to Equal Weight from Underweight based on an improved distribution growth outlook. Price target raised to $47 from $38.
December 4, 2014
16:20 EDTEEPMidcoast Energy sees 2015 distributable cash flow up 71% from 2014 view
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10:09 EDTEEP, ENBHigh option volume stocks
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December 3, 2014
20:01 EDTENB, EEPEnbridge reviewing transfer of U.S. pipeline assets to Enbridge Energy
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19:59 EDTENBEnbridge to transfer Enbridge Pipelines to EIF
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19:55 EDTENBEnbridge raises dividend payout policy to 75%-85% of adjusted earnings
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19:54 EDTENBEnbridge increases quarterly dividend 33% to 46.5c per share
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19:53 EDTENBEnbridge sees FY15 EPS $2.05-$2.35, consensus $2.25
Enbridge's adjusted EPS guidance for FY15 is before reflecting accretion resulting from the transfer of its Canadian Liquids Pipelines business, which is expected to be approximately 10% on an annualized basis.

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