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Stock Market & Financial Investment News

News Breaks
June 16, 2014
12:01 EDTGD, KMPGeneral Dynamics NASSCO enters into contract with APT affiliate
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (GD), has entered into a contract with an affiliate of American Petroleum Tankers, or APT, a wholly owned subsidiary of Kinder Morgan Energy Partners, L.P. (KMP), for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity. Construction is scheduled to begin in 4Q15, with delivery scheduled for 2Q17. This new tanker, supported by a long-term charter, will be constructed at the NASSCO shipyard in San Diego, meeting the Jones Act requirement that ships carrying cargo between U.S. ports be built in U.S. shipyards.
News For GD;KMP From The Last 14 Days
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August 25, 2014
12:41 EDTKMPKinder 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.
10:56 EDTGDU.S. Navy awards General Dynamics $100M contract for LCS program
The U.S. Navy awarded General Dynamics Bath Iron Works a $100M contract to provide planning yard services for the Littoral Combat Ship, LCS, program. General Dynamics Bath Iron Works is a business unit of General Dynamics.
10:02 EDTGDGeneral Dynamics awarded contract to implement Massachusetts NG9-1-1
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August 20, 2014
17:21 EDTGDBAE Systems, General Dynamics, three others awarded $2.53B government contract
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August 19, 2014
07:07 EDTKMPKinder Morgan price target raised to $45 from $40 at RBC Capital
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August 18, 2014
06:02 EDTKMPStocks with implied volatility below IV index mean; KATE KMP
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August 17, 2014
17:49 EDTKMPKinder Morgan looks expensive, Barron's says
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August 15, 2014
17:02 EDTKMPStocks end week slightly higher despite flare-up in Russian tensions
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06:04 EDTKMPStocks with implied volatility below IV index mean; KATE KMP
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