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Stock Market & Financial Investment News

News Breaks
July 16, 2014
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.
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August 25, 2014
12:41 EDTEPBKinder Morgan receives Hart-Scott-Rodino clearance
Kinder Morgan (KMI) announced the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its proposed acquisition of Kinder Morgan Energy Partners (KMP). The proposed acquisition was announced on Aug. 10, along with the proposed acquisitions of Kinder Morgan Management (KMR) and El Paso Pipeline (EPB), for which no HSR filings were required. The approximately $70B transaction is expected to close by the end of 2014 following unitholder and shareholder votes, and standard regulatory notifications and approvals.
August 19, 2014
07:07 EDTEPBKinder Morgan price target raised to $45 from $40 at RBC Capital
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