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Stock Market & Financial Investment News

News Breaks
February 24, 2014
09:59 EDTKMPKinder Morgan Energy drops after Barron's weekend piece, levels to watch
A piece in Barron's over the weekend highlighted potential events, notably cuts in distribution, which could negatively impact share price. Deutsche Bank defended the stock noting that it considered the report to contain "old inaccuracies". Share price is own over 5% to $74.45 at time of writing. At that price, next support is at $73.25, the session low. Resistance is at $75.95, the session high. Share price is down over 13% during the last 52 weeks in a pronounced downtrend.
News For 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.
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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