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Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:16 EDTMMPMagellan Midstream downgraded to Neutral from Buy at Ladenburg
Ladenburg downgraded Magellan Midstream due to valuation. Price target is $51.50.
News For MMP From The Last 14 Days
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October 31, 2014
09:27 EDTMMPMagellan Midstream proceeds with Saddlehorn Pipeline
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08:34 EDTMMPMagellan Midstream sees FY14 EPS $3.50, consensus $3.31
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08:33 EDTMMPMagellan Midstream sees Q4 EPS 92c, consensus 91c
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08:33 EDTMMPMagellan Midstream plans to spend $775M in 2014, $450M in 2015
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08:32 EDTMMPMagellan Midstream reports Q3 Refined products operating margin $200.5M
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08:32 EDTMMPMagellan Midstream reports Q3 non-GAAP EPS 71c, consensus 66c
Reports Q3 revenue $443.84M, consensus $484.32M
October 30, 2014
15:41 EDTMMPNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Exxon Mobil (XOM), consensus $1.73; Chevron (CVX), consensus $2.56; AbbVie (ABBV), consensus 77c; NextEra Energy (NEE), consensus $1.55; Dominion Resources (D), consensus 96c; Aon plc (AON), consensus $1.12; Weyerhaeuser (WY), consensus 30c; Clorox (CLX), consensus $1.03; Rockwell Collins (COL), consensus $1.27; Newell Rubbermaid (NWL), consensus 55c; Pinnacle West (PNW), consensus $2.15; Legg Mason (LM), consensus 0c; TECO Energy (TE), consensus 32c; Oshkosh (OSK), consensus 82c; Hilton Worldwide (HLT), consensus 17c; Genesee & Wyoming (GWR), consensus $1.17; Spirit AeroSystems (SPR), consensus 74c; Madison Square Garden (MSG), consensus 32c; Magellan Midstream (MMP), consensus 66c.
October 29, 2014
16:38 EDTMMPMagellan Midstream, Saddle Butte to pursue proposed Saddlehorn Pipeline
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October 22, 2014
09:17 EDTMMPMagellan Midstream increases quarterly distribution 4% to 66.75c
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October 21, 2014
16:16 EDTMMPMagellan Midstream extends open season for proposed Saddlehorn Pipeline
Magellan Midstream Partners announced an extension of the open season for commitments on the proposed Saddlehorn Pipeline to transport various grades of crude oil from the Niobrara shale to the partnership's storage facilities in Cushing, Oklahoma. Binding commitments are now due by Nov. 6. The proposed Saddlehorn Pipeline includes construction of an approximate 600-mile, 20-inch diameter pipeline capable of transporting up to 400,000 barrels per day of crude oil from Platteville, Colorado to Magellan's storage facilities in Cushing. Magellan expects to use its existing right-of-way for a significant portion of the pipeline route. Subject to sufficient commitments from shippers and receipt of any necessary permits and regulatory approvals, the Saddlehorn Pipeline could be operational during 2Q16.

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