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Stock Market & Financial Investment News

News Breaks
January 11, 2013
08:33 EDTEPD, ENBSeaway pipeline expansion completed
Seaway Crude Oil Pipeline Company LLC announced that service on the 500-mile, 30-inch diameter pipeline between Cushing, Oklahoma and the Gulf Coast resumed today, with approximately 400,000 barrels per day of capacity now available to shippers. Service was suspended on January 2, 2013 so that the remaining pump station connections could be completed allowing capacity to be increased from approximately 150,000 BPD. Seaway Crude Pipeline Company LLC is a 50/50 joint venture owned by affiliates of Enterprise Products Partners (EPD) and Enbridge (ENB).
News For EPD;ENB From The Last 14 Days
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April 17, 2014
12:03 EDTENBEnbridge downgraded to Hold from Buy at Canaccord
09:59 EDTEPDOn The Fly: Analyst Downgrade Summary
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05:36 EDTEPDEnterprise Products downgraded to Hold from Buy at Jefferies
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April 14, 2014
10:02 EDTENBOn The Fly: Analyst Downgrade Summary
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06:00 EDTENBEnbridge downgraded to Neutral from Outperform at Credit Suisse
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April 8, 2014
16:12 EDTEPDEnterprise Products increases dividend 6% to 71c
Enterprise Products Partners announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to 71c per common unit, or $2.84 per unit on an annualized basis. The quarterly distribution will be paid on Wednesday, May 7 to unitholders of record as of the close of business on Wednesday, April 30. This distribution, which represents a 6.0% increase over the 67 per unit distribution declared with respect to the Q1 of FY13, is the 48th distribution increase since Enterprise’s initial public offering in 1998 and the 39th consecutive quarterly increase.

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