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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:09 EDTTLP, NGL, MSNGL completes TransMontaigne GP, related asset acquisition
NGL Energy Partners (NGL) announced that it has completed its acquisition from Morgan Stanley (MS) affiliates of TransMontaigne, the owner of TransMontaigne, which is the general partner of TransMontaigne Partners (TLP), the limited partnership interest of TransMontaigne Partners held by TransMontaigne, amounting to approximately 17% of the outstanding units, the limited partnership interest of TransMontaigne Partners held by affiliates of Morgan Stanley, amounting to approximately 3% of the outstanding units and certain entities associated with the TransMontaigne business as well as the related inventory and pipeline and other contract rights. The purchase of Morgan Stanley’s energy business related to TransMontaigne was completed on a debt-free basis for a cash purchase price of $200M, including working capital, plus $347M for inventory transferred at the closing. The transaction did not involve the sale or purchase of any of the LP units owned by the public.
News For NGL;TLP;MS From The Last 14 Days
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November 24, 2014
07:01 EDTMSFed could further restrict banks' commodities businesses, NY Times says
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07:01 EDTNGLNGL Energy Partners acquires water disposal facilities in the Bakken for $34.6M
NGL Energy Partners LP announced that it has acquired two salt water disposal facilities from WaterWorks Corral Creek, LLC, and Saltwater Disposal Systems, LLC, respectively for a total cost of $34.6M in cash. The acquisition, which includes 13 employees, represents NGL Water Solutions’ entrance into the Bakken shale play in North Dakota. These high quality, high volume facilities located in McKenzie and Dunn Counties bring NGL’s total treatment and disposal capacity throughout the US to approximately 800,000 barrels per day.
06:12 EDTMSMorgan Stanley implied volatility of 18 at lower end of index mean range
November 21, 2014
10:20 EDTNGLHigh option volume stocks
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07:41 EDTMSGoldman, Morgan Stanley, JPMorgan grilled on commodities, WSJ says
Sen. Carl Levin, the retiring chairman of the Senate Permanent Subcommittee on Investigations, accused Goldman Sachs (GS) of manipulating aluminum markets and also said JPMorgan Chase (JPM) and Morgan Stanley (MS) obscured their investments in metals or natural gas from regulators as representatives of the banks took part in a hearing that is part of a larger probe into their dealings in commodities markets, reported The Wall Street Journal. Reference Link
07:24 EDTMSBB&T CEO says 'banks lending recklessly' again, Reuters reports
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November 19, 2014
13:05 EDTMSMorgan Stanley files automatic mixed securities shelf
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12:38 EDTMSSenate Homeland Security & Government Affairs Committee to hold a hearing
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November 18, 2014
09:02 EDTMSMorgan Stanley Wealth Management forms Global Sports & Entertainment unit
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November 12, 2014
10:46 EDTMSMorgan Stanley's Kelleher says Europe needs viable securitization framework
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10:37 EDTMSMorgan Stanley's Kelleher says firm is negative on Europe for growth
The company's President, Institutional securities Colm Kelleher is speaking at the BofA Financial Services Conference.
07:28 EDTMSBofA/Merrill to hold a conference
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