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Stock Market & Financial Investment News

News Breaks
September 28, 2012
05:22 EDTENB, SUEnbridge to provide additional facilities at Athabasca Terminal for Suncor
Enbridge (ENB) announced that it has entered into an agreement with Suncor Energy Oil Sands Ltd Partnership (SU) to expand the existing infrastructure at the Enbridge Athabasca Terminal to accommodate the incremental bitumen volumes from Suncor's Firebag 3 and 4 developments. The approximately $150M expansion is expected to be in-service in Q2 of 2013. Enbridge will construct a new 350,000 barrel tank as well as additional infrastructure including new booster pumps, meters and modifications to existing piping and manifolds. To meet Suncor's required in-service date, Enbridge began construction in July 2011. Suncor has agreed to underpin Enbridge's investment in these facilities through a long-term Services Agreement, during which Enbridge recovers all operating costs, a return on equity and all of its invested capital.
News For ENB;SU From The Last 14 Days
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May 15, 2013
17:46 EDTSUSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
May 8, 2013
09:41 EDTSUSuncor has a conference call hosted by JPMorgan
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May 7, 2013
17:02 EDTENBEnbridge enters terminal services agreement with ConocoPhillips
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