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Stock Market & Financial Investment News

News Breaks
November 20, 2012
05:25 EDTMEMPMemorial Production acquires oil and gas properties off Southern CA for $271M
Memorial Production Partners LP announced that it has signed a definitive agreement to acquire certain oil and gas producing properties offshore Southern California from Rise Energy Partners for a purchase price of $271M, which includes $3M of working capital and other customary adjustments. This transaction will have an effective date of September 1 and is expected to close in December. Terms of the transaction were approved by the board of the general partner of MEMP and by the board's conflicts committee, which is comprised entirely of independent directors.
News For MEMP From The Last 14 Days
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July 11, 2014
17:13 EDTMEMPMemorial Production to offer additional 1.29M common units
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July 10, 2014
11:00 EDTMEMPHigh option volume stocks
High option volume stocks: CBS MEMP EWT CBSO DRWI TRW TTS EXK MEOH AG
09:24 EDTMEMPMemorial Production 8.6M share Spot Secondary priced at $22.50
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09:15 EDTMEMPOn The Fly: Pre-market Movers
HIGHER: Zumiez (ZUMZ), up 5.7% after raising Q2 outlook... DragonWave (DRWI), up 5% after reporting better than expected Q1 results... International Game (IGT), up 3.6% after Italian press report says the company will soon get a $4B offer from GTECH... United Continental (UAL), up 2.9% after reporting June traffic. LOWER: Lumber Liquidators (LL), down 23% after downgraded at Jefferies and Credit Suisse following the company's reduced full-year outlook. Tile Shop (TTS), which also serves flooring customers, down 5.5% following Lumber Liqudators' profit warning... Family Dollar (FDO), down 1.9% after reporting Q3 earnings that missed expectations... Tractor Supply (TSCO), down 5.9% after reporting Q2 preliminary results, saying it now sees FY14 results at low end of guidance range... Liquidity Services (LQDT), down 8% after revising Q3 guidance after its sales of selected rolling stock and other assets under its Surplus Contract with the U.S. Defense Logistics Agency have ceased at the request of DLA... Potbelly (PBPB), down 18% after lowering its Q2 and FY14 outlook... Memorial Production Partners (MEMP), down 7.4% after filing to sell 8.6M shares of common units for partners... Kosmos (KOS), down 3.3% after filing to sell 17M shares of common stock.

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