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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:21 EDTENBEnbridge announces binding open season for Southern Lights pipeline
Enbridge announced a binding open season to solicit commitments from shippers for 50,000 barrels per day of capacity on the Southern Lights diluent pipeline. The pipeline, which is in commercial operation, provides continuous pipeline capacity for the transportation of diluent from Chicago, Illinois, to Edmonton, Alberta, and has an average annual capacity of 180,000 bpd. The Southern Lights pipeline is owned and operated by Southern Lights and Enbridge Pipelines. Potential shippers will have a choice of five available commencement dates between July 1, 2013 and July 1, 2014. Regardless of the commencement date selected, the Transportation Services Agreement will expire on June 30, 2025, with an option to extend the term for an additional 15 years. The minimum volume commitment will be 5,000 bpd and potential shippers must commit to the same volume for both the Canadian and U.S. segments of the pipeline.
News For ENB From The Last 14 Days
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April 23, 2015
10:00 EDTENBOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ADTRAN (ADTN) downgraded to Hold from Buy at Needham... Angie's List (ANGI) downgraded to Underperform from Market Perform at Northland... BG Group (BRGYY) downgraded to Hold from Overweight at HSBC... Brink's (BCO) downgraded to Neutral, sees 'imminent' downside risk, says Macquarie... Citrix (CTXS) downgraded to Hold from Buy at Evercore ISI... Cognex (CGNX) downgraded to Perform from Outperform at Oppenheimer... Cytec Industries (CYT) downgraded to Equal-Weight from Overweight at First Analysis... Enbridge (ENB) downgraded to Neutral from Outperform at Credit Suisse... Ensco (ESV) downgraded to Underweight from Equal Weight at Morgan Stanley... F5 Networks (FFIV) downgraded to Neutral from Buy at MKM Partners... Fulton Financial (FULT) downgraded to Market Perform from Outperform at Keefe Bruyette... Halcon Resources (HK) downgraded to Neutral from Outperform at Baird... Heartland Express (HTLD) downgraded on limited earnings growth at Raymond James... Informatica (INFA) downgraded to Market Perform from Outperform at JMP Securities... Knight Transportation (KNX) downgraded to Outperform from Strong Buy at Raymond James... LegacyTexas Financial (LTXB) downgraded to Outperform from Strong Buy at Raymond James... Masco (MAS) downgraded to Neutral from Buy at Citigroup... MobileIron (MOBL) downgraded to Equal Weight from Overweight at Morgan Stanley... Noble Corp. (NE) downgraded to Underweight from Equal Weight at Morgan Stanley... Omnicare (OCR) downgraded to Neutral from Outperform at Credit Suisse... Owens Corning (OC) downgraded to Sell from Neutral at Citigroup... Qualcomm (QCOM) downgraded to Neutral from Outperform at Exane BNP Paribas... RAM Energy (RAME) downgraded to Neutral from Outperform at Baird... Repsol (REPYY) downgraded to Reduce from Hold at HSBC... Stillwater Mining (SWC) downgraded on lack of catalysts at BB&T... Texas Capital (TCBI) downgraded to Outperform from Strong Buy at Raymond James... Texas Instruments (TXN) downgraded to Neutral from Buy at BofA/Merrill... Total (TOT) downgraded to Hold from Buy at Deutsche Bank... Transocean (RIG) downgraded to Underweight from Equal Weight at Morgan Stanley.
07:39 EDTENBEnbridge downgraded to Neutral from Outperform at Credit Suisse
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