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Stock Market & Financial Investment News

News Breaks
November 13, 2012
07:45 EDTPNY, WPZ, COGPiedmont Natural Gas announces investment in Constitution Pipeline project
Piedmont Natural Gas (PNY) announced its equity investment in Constitution Pipeline Company, a natural gas pipeline project slated to transport natural gas supplies from the prolific Marcellus supply region in northern Pennsylvania to major northeastern markets. The project is scheduled to be in service by March 2015. Piedmont Natural Gas, through its wholly-owned subsidiary Piedmont Constitution Pipeline Company, joins Williams Partners (WPZ) and Cabot Oil and Gas (COG) as a 24% equity participant in the joint venture, and will invest an estimated $180M in the new project.
News For PNY;WPZ;COG From The Last 14 Days
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June 18, 2013
10:01 EDTWPZOn The Fly: Analyst Downgrade Summary
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06:14 EDTWPZWilliams Partners downgraded to Neutral from Buy at Goldman
Goldman downgraded Williams Partners's (WPZ) due to near-term growth risk as a result of the Geismar chemical plant explosion. Price target is $52.
June 14, 2013
12:21 EDTWPZWilliams, Williams Partners to be impacted by explosion, says Wells Fargo
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11:19 EDTWPZ, COG, PNYConstruction Pipeline Company seeks FERC approval for 122-mile pipeline
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06:53 EDTWPZWilliams Partners downgraded to Hold from Buy at Stifel
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05:25 EDTWPZWilliams Partners confirms one fatality, injuries in Geismar plant explosion
Williams confirmed that one person died in an explosion and fire this morning at its Geismar, LA facility. Company officials met with the victim’s family at their home. In addition, the company is closely monitoring the status of one employee and seven contractors who remain hospitalized and are being treated for injuries. The fire has been extinguished and Williams is cooperating with federal, state and local agencies in assessing the situation and determining the cause of the explosion. The extent of damage is unknown at this time.
June 7, 2013
16:22 EDTPNYPiedmont Natural Gas reaffirms FY13 EPS view $1.67-$1.77, consensus $1.73
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16:22 EDTPNYPiedmont Natural Gas reports Q2 EPS 74c, consensus 73c
Reports Q2 revenue $399.4M, consensus $324.18M.
10:11 EDTPNYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
06:02 EDTPNYPiedmont Natural Gas initiated with a Hold at BB&T

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