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Stock Market & Financial Investment News

News Breaks
March 4, 2014
14:34 EDTLNG, SRE, D, BRGYY, ETE, ETPUkraine crisis raising support for natural gas exports, Bloomberg says
The crisis in Ukraine is increasing support for weakening restrictions on the export of U.S. natural gas, according to Bloomberg. GOP House Speaker John Boehner called on President Obama to "dramatically expedite" U.S. natural gas exports, the news service stated. Companies that are looking to export natural gas from the U.S. include Cheniere (LNG), Sempra (SRE), Dominion (D), BG Group (BRGYY), and Southern Union, which is jointly owned by Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP). Reference Link
News For LNG;SRE;D;BRGYY;ETE;ETP From The Last 14 Days
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August 26, 2014
12:51 EDTLNGStocks with increasing options volume
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08:03 EDTETPSusser, Energy Transfer Partners report preliminary merger consideration results
Susser Holdings (SUSS) and Energy Transfer Partners (ETP) announced the preliminary results of the elections made by Susser common stockholders regarding their preference as to the form of merger consideration to be received in Energy Transfer Partnersí pending acquisition of Susser. As previously announced on April 28, 2014, Susser Holdings Corporation entered into an Agreement and Plan of Merger with Energy Transfer Partners, L.P. and certain other parties thereto. Pursuant to the merger agreement, Susser stockholders were entitled to elect to receive, (i) a combination of $40.125 in cash and 0.7253 of an ETP common unit, (ii) $80.25 in cash (iii) 1.4506 ETP common units, for each share of Susser common stock they own immediately prior to the merger. The deadline for making this election was 5:00 p.m. Eastern Time on August 25, 2014. Based on available information as of the Election Deadline, the preliminary merger consideration election results are as follows: Holders of approximately 7% of the outstanding shares of Susser common stock, or 1,489,061 shares of common stock, elected the standard mix of consideration; Holders of approximately 1% of the outstanding shares of Susser common stock, or 264,840 shares of common stock, made a cash election; and Holders of approximately 85% of the outstanding shares of Susser common stock, or 18,576,197 shares of common stock, made a unit election. Holders of approximately 7% of the outstanding shares of Susser common stock, or 1,464,477 shares of common stock, failed to make a valid election prior to the Election Deadline and therefore are deemed to have elected the standard mix of consideration.

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