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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:49 EDTOKEONEOK weakness overdone, says BMO Capital
After ONEOK's stock fell 4% yesterday, BMO Capital thinks the decline was due to fears that recent propane price volatility may not give the company as great a boost as previously thought. The firm estimates that the company only stood to obtain $50M from such volatility, and it consequently believes that the decline in the stock yesterday was overdone. It raised its price target on the shares to $62 from $58 and keeps an Outperform rating on the stock.
News For OKE From The Last 14 Days
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July 24, 2014
16:36 EDTOKEONEOK to invest $365M-$470M in Oklahoma SCOOP play
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July 23, 2014
16:36 EDTOKEONEOK increases quarterly dividend by 3% to 57.5c
The board increased ONEOK's quarterly cash dividend by 1.5c per share, or 3%, to 57.5c per share, effective for Q2, resulting in an annualized cash dividend of $2.30 per share. The dividend is payable August 14 to shareholders of record at the close of business August 4.

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