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Stock Market & Financial Investment News

News Breaks
January 16, 2014
03:20 EDTEPBEl Paso Pipeline expects to declare cash distribution of $2.60/unit in 2014
EPB expects to declare cash distribution of $2.60 per unit for 2014, a 2% increase over the $2.55 per unit it will distribute for 2013. EPB’s 2014 budget includes the expected purchase of a 50% interest in Ruby Pipeline, a 50% interest in Gulf LNG and a 47.5% interest in Young Gas Storage from KMI. The positive impact from the expected dropdowns at attractive multiples will be largely offset by the full year impacts of the SNG and WIC rate case settlements and expected lower rates on contract renewals on the WIC system.
News For EPB From The Last 14 Days
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July 18, 2014
12:36 EDTEPBPlug Power said to be on list of companies probed by SEC, Probes Reporter says
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July 16, 2014
17:04 EDTEPBEl Paso Pipeline reports Q2 EPS 32c, consensus 38c
Reports Q2 revenue $353M, consensus $377.22M.
16:17 EDTEPBEl Paso Pipeline increases quarterly dividend by 3% to 65c
El Paso Pipeline Partners announced its Q2 cash distribution per common unit of 65c payable on August 14 to unitholders of record as of July 31. This represents a 3% increase over the 2Q13 cash distribution per unit of 63c.
July 15, 2014
10:00 EDTEPBOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Adecogro (AGRO) downgraded to Underperform from Neutral at BofA/Merrill... Campbell Soup (CPB) downgraded to Sell from Neutral at Goldman... Credicorp (BAP) downgraded to Neutral from Overweight at JPMorgan... El Paso Pipeline (EPB) downgraded to Neutral from Buy at Citigroup... Kellogg (K) downgraded to Sell from Neutral at Goldman... Kodiak Oil & Gas (KOG) downgraded to Market Perform from Outperform at BMO Capital... Lexmark (LXK) downgraded at Bernstein... Maxim Integrated (MXIM) downgraded to Equal Weight from Overweight at Barclays... Republic Airways (RJET) downgraded to Underperform from Neutral at BofA/Merrill... Sasol (SSL) downgraded to Neutral from Buy at Citigroup... Time Warner (TWX) downgraded to Equal Weight from Overweight at Evercore.
05:32 EDTEPBEl Paso Pipeline downgraded to Neutral from Buy at Citigroup
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