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Stock Market & Financial Investment News

News Breaks
February 7, 2014
05:38 EDTMMPMagellan Midstream upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Magellan Midstream valuation and the company's visible long-term growth. Wells raised its price target range for shares to $72-$76 from $58-$62.
News For MMP From The Last 14 Days
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July 23, 2015
09:27 EDTMMPMagellan Midstream increases quarterly cash distribution 3% to 74c
Magellan Midstream has increased the partnership's quarterly cash distribution to 74c per unit, a 3% increase over Q1 distribution of 71.75c. The new distribution, which equates to $2.96 per unit on an annualized basis, will be paid Aug. 14 to unitholders of record at the close of business on Aug. 7.

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