New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 3, 2013
10:53 EDTLINE, QRE, BBEP, EVEP, LNCO, LRE, VNRMLPs continue slide while SEC probes LINN merger
Shares of several master limited partnerships and related pipeline operators are continuing their slide lower after LINN Energy (LINE) and LinnCo (LNCO) disclosed yesterday that the SEC has opened an informal inquiry into the companies. WHAT'S NOTABLE: The SEC is looking into LINN Energy and LinnCo’s merger with Berry Petroluem (BRY), the companies announced yesterday, which sent shares of both names down over 15%. The sell-off continued today after R.W. Baird said in a note to investors that it is increasingly cautious on the whole sector, noting that LINN peer BreitBurn's (BBEP) failure to finance part of a recent transaction put a target on the company for short sellers. Baird added that it expects the whole MLP sector to underperform in the short run as more LINN peers are targeted by those betting the stocks will decline. OTHERS TO WATCH: Shares of LINN are down more than 8% and LinnCo shares are lower by more than 7% in late morning trade. Also lower are shares of BreitBurn, down 6.5%, and Vanguard Natural Resources (VNR), down more than 8%.
News For LINE;LNCO;BBEP;VNR;EVEP;QRE;LRE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
12:18 EDTVNRVanguard Natural to hold a conference call
Conference call to discuss the acquisition of Eagle Rock Energy Partners for ~$614M will be held on May 26 at 11 am. Webcast Link
09:25 EDTVNROn The Fly: Pre-market Movers
Subscribe for More Information
May 21, 2015
17:44 EDTVNRVanguard Natural to acquire Eagle Rock Energy for about $614M
Subscribe for More Information
17:40 EDTVNRVanguard Natural to acquire Eagle Rock Energy for about $614M
May 19, 2015
09:22 EDTLINEOn The Fly: Pre-market Movers
Subscribe for More Information
07:44 EDTLINELINN Energy 16M share Spot Secondary priced at $11.79
Raymond James, BofA/Merrill, Barclays, Citigroup, Credit Suisse, JPMorgan, Morgan Stanley and RBC Capital acted as joint book running managers for the offering.
May 18, 2015
19:12 EDTLINE, LNCOOn The Fly: After Hours Movers
Subscribe for More Information
16:23 EDTLINELINN Energy files 16M units representing limited liability company interests
Subscribe for More Information
10:01 EDTLINE, LNCOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:51 EDTLNCOLinnCo downgraded to Sell from Neutral at Goldman
Subscribe for More Information
06:51 EDTLINELINN Energy downgraded to Sell from Neutral at Goldman
Subscribe for More Information
May 11, 2015
09:21 EDTEVEPOn The Fly: Pre-market Movers
Subscribe for More Information
06:20 EDTEVEPEV Energy reports Q1 EPS ($1.25), may not compare to consensus 17c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use