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Stock Market & Financial Investment News

News Breaks
July 30, 2014
16:43 EDTOKS, OKEONEOK Partners to invest $605M-$785M in North Dakota
ONEOK Partners announced plans to invest approximately $605M-$785M between now and the end of the 3Q16 to build a new 200M cubic feet per day natural gas processing facility, the Demicks Lake plant, and related infrastructure in northeast McKenzie County, North Dakota, which will process natural gas produced from the Bakken Shale in the Williston Basin, construct additional natural gas compression to take advantage of additional natural gas processing capacity at the partnership's existing and planned Garden Creek and Stateline natural gas processing plants in the Williston Basin by a total of 100 MMcf/d, and build approximately 12 miles of natural gas liquids gathering pipeline from the Demicks Lake plant to the partnership's existing Bakken NGL pipeline. In addition, the Garden Creek III natural gas processing plant, originally scheduled for completion in 1Q15, is now ahead of schedule and slated for completion in Q4.
News For OKS;OKE From The Last 14 Days
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October 23, 2014
10:01 EDTOKSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Brean Capital... Angie's List (ANGI) downgraded to Hold from Buy at Needham... Avalon Rare Metals (AVL) downgraded to Neutral from Buy at Citigroup... Axiall (AXLL) downgraded at Cowen... BB&T (BBT) downgraded to Neutral from Buy at Goldman... Boeing (BA) downgraded at Credit Suisse... Boulder Brands (BDBD) downgraded to Hold from Buy at Canaccord... Citrix (CTXS) downgraded to Hold from Buy at Drexel Hamilton... ClickSoftware (CKSW) downgraded to Hold from Buy at Lake Street... DTS, Inc. (DTSI) downgraded to Underweight from Neutral at JPMorgan... GulfMark Offshore (GLF) downgraded to Market Perform from Outperform at Cowen... Home Loan Servicing (HLSS) downgraded to Neutral from Buy at Compass Point... ICON plc (ICLR) downgraded to Equal Weight from Overweight at First Analysis... IPC The Hospitalist Co. (IPCM) downgraded to Market Perform at Wells Fargo... Melco Crown (MPEL) downgraded to Neutral from Buy at Nomura... Mercer (MERC) downgraded at Credit Suisse... ONEOK Partners (OKS) downgraded to Neutral from Buy at BofA/Merrill... Owens Corning (OC) downgraded to Neutral from Overweight at JPMorgan... Regency Energy Partners (RGP) downgraded to Neutral from Buy at BofA/Merrill... The Medicines Co. (MDCO) downgraded to Neutral from Buy at BofA/Merrill... Tupperware Brands (TUP) downgraded to Neutral from Overweight at JPMorgan... Union Bankshares (UBSH) downgraded at RW Baird... VOC Energy Trust (VOC) downgraded at RBC Capital... Yelp (YELP) downgraded to Hold from Buy at Stifel.
07:17 EDTOKSONEOK Partners downgraded to Neutral from Buy at BofA/Merrill
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October 22, 2014
16:21 EDTOKSONEOK Partners increases quarterly distribution 1.5c to 77.5c
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16:14 EDTOKEONEOK raises quarterly dividend 3% to 59c
ONEOK increased the quarterly cash dividend by 1.5 c per share, or 3%, to 59c per share, effective for Q3, resulting in an annualized cash dividend of $2.36 per share. The dividend is payable Nov. 14 to shareholders of record at the close of business Nov. 3.
October 13, 2014
09:41 EDTOKEONEOK management to meet with Oppenheimer
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