New User:

Forgot your password?

Stock Market & Financial Investment News

News For SE;KMP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 8, 2016
10:00 EDTSEOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:58 EDTSESpectra Energy initiated with a Hold at Deutsche Bank
Subscribe for More Information
February 4, 2016
08:41 EDTSESpectra Energy sees 2016 EBITDA $2.9B, DCF $1.31B
Subscribe for More Information
07:12 EDTSESpectra Energy, Spectra Energy Partners provide assumptions for three-year plan
The company assumes: For all three years, natural gas liquids prices of 42 cents per gallon; natural gas prices of $2.50 per thousand cubic feet; and crude oil prices of $45 per barrel; Maintenance CapEx of $615 million in 2016, $625 million in 2017, and $640 million in 2018; Cash tax rates of 1.8% in 2016, 4.2% in 2017, and 14.8% in 2018; Investment of approximately $6 billion in expansion capital over the plan period, with $3.0 billion invested in 2016, $1.9 billion in 2017 and $1.2 billion in 2018; SEP's share of CapEx is about 61% in 2016, 68% in 2017, and 81% in 2018.
07:11 EDTSESpectra Energy expects dividend increase of 14c per share annually through 2018
Sees dividend coverage of 1.2x in 2016, 1.3x in 2017, and 1.1x in 2018.
07:10 EDTSESpectra Energy expects 2016 DCF up 6% to $1.4B
Subscribe for More Information
February 3, 2016
13:55 EDTSESpectra Energy and Spectra Energy Partners to host analyst and investor meeting
Subscribe for More Information
12:24 EDTSEOn The Fly: Top stock stories at midday
Stocks on Wall Street began the day in positive territory thanks in part to higher oil prices, dovish comments from NY Fed Governor Bill Dudley and a positive jobs report from ADP. The early gains were short lived, as the market saw its highest prices at the open and then drifted lower, gaining downside momentum after two reports on the services sector both pointed to a deceleration. After the Dow lost more than 100 points, the market found a level and bounced back, leaving the averages lower but off their worst levels near noon. ECONOMIC EVENTS: In the U.S., ADP estimated that private payrolls grew by 205,000 jobs in January, topping the consensus forecast for 190,000 job additions. Markit's services PMI came in at 53.2, versus the consensus 53.7 forecast. The Institute for Supply Management's non-manufacturing index came in at 53.5 for January, down from 55.3 in the previous month and below the 55.1 reading forecast by analysts. In Asia, the Caixin services PMI for China climbed to 52.4 in January from 50.2 in December, while Japan's services PMI rose to 52.4 from 51.5 in the prior month. Additionally, China's National Development and Reform Commission set its economic growth projection range for this year at 6.5%-7%, noting that attempts to curb overcapacity will increase unemployment in provinces with high output of steel and coal. In Europe, Markit's composite purchasing managers index for January declined to 53.6 from 54.3 in December. COMPANY NEWS: Shares of Yahoo (YHOO) declined 6% after the embattled Internet company reported fourth quarter results and announced plans to simplify its product portfolio and reduce its workforce by roughly 15%. Maynard Webb, Yahoo's Chairman, said the company's board is committed to its turnaround efforts and supportive of management's plan, but also believes that exploring additional strategic alternatives is in the best interest of its shareholders, though the acknowledgment that the company will "engage on qualified strategic proposals" did little to boost its shares this morning... Chipotle Mexican Grill (CMG) fell 4% after reporting lower than expected revenue and stating that its same-store sales had plunged more than 14% last quarter. Additionally, the burrito chain disclosed that it was served with a subpoena broadening the scope of the previously-announced criminal investigation that was limited to a single Chipotle restaurant in California. As Chipotle shares continue to get punished over the company's food safety issues, another stock was hit today by a similar fear, as Buffalo Wild Wings (BWLD) slid 6% after one of its locations was named as a suspected source of new cases of people suffering from norovirus-like symptoms in suburban Kansas City. However, the company said there "is no conclusive link to [its] restaurant being the source of the illness" and that the location reopened on Wednesday after a consultation with the health department... Merck (MRK) was one of the worst performers on the Dow, sliding nearly 3% after its earnings narrowly topped expectations but its guidance for the new fiscal year fell short of expectations. Among other large cap names reporting earnings this morning, Comcast (CMCSA) rose 4% following its report, while General Motors (GM) slid 4%. MAJOR MOVERS: Among the notable gainers was Autodesk (ADSK), which rallied more than 8% after it announced a restructuring plan that involves reducing its workforce by roughly 10%. Also higher were Energizer (ENR), Spectra Energy (SE), and Avery Dennison (AVY), which gained 15%, 7%, and 7%, respectively, after reporting quarterly earnings. Among the noteworthy losers was Lowe's (LOW), which fell 7% after it agreed to acquire Canada's RONA in a deal valued at $2.3B. Also lower were Mondelez (MDLZ), Match Group (MTCH), and MPLX (MPLX), which were down 7%, 14%, and 19%, respectively, after reporting quarterly earnings. INDEXES: Near midday, the Dow was down 13.22, or 0.08%, to 16,140.32, the Nasdaq was down 48.09, or 1.06%, to 4,468.85, and the S&P 500 was down 11.42, or 0.6%, to 1,891.61.
06:39 EDTSESpectra Energy announces annual dividend increase of 14c per share for FY16
Subscribe for More Information
06:32 EDTSESpectra Energy reports Q4 EPS 28c, consensus 32c
Reports Q4 operating revenue $1.32B, consensus $1.54B.
February 2, 2016
14:32 EDTSENotable companies reporting before tomorrow's open
Subscribe for More Information
February 1, 2016
09:02 EDTSESpectra Energy management to meet with JPMorgan
Meetings to be held in Boston/Philadelphia on February 4 and in Boston on February 5 hosted by JPMorgan,

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use