Stock Market & Financial Investment News

News Breaks February 28, 2013 08:03 EDT SEP Spectra Energy Partners Pat Reddy to become CFO of company Reddy, who is currently CFO of Spectra Energy, will assume CFO responsibilities of Spectra Energy Partners as well. Laura Sayavedra, previously CFO of Spectra Energy Partners, has been named vice president of strategy for Spectra Energy. News For SEP From The Last 14 Days Check below for free stories on SEP the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 17, 2013 10:10 EDT SEP On The Fly: Analyst Upgrade Summary Subscribe for More Information 06:30 EDT SEP Spectra Energy Partners upgraded to Outperform from Market Perform at Raymond James June 12, 2013 12:40 EDT SEP Spectra Energy calls active on plans to drop assets to Spectra Energy Partners Spectra Energy (SE) June 34 and September 33 calls are active on 23K contracts (6K puts. June call option implied volatility is at 25, July is at 23, September is at 22; above its 26-week average of 17 according to Track Data, suggesting larger price movement on plans to drop down its remaining U.S. transmission and storage assets to Spectra Energy Partners (SEP). 12:27 EDT SEP On The Fly: Midday Wrap Subscribe for More Information 10:14 EDT SEP On the Fly: Upgrade Summary Subscribe for More Information 08:42 EDT SEP Spectra Energy Partners upgraded to Accumulate from Hold at Tudor Pickering Subscribe for More Information 08:17 EDT SEP Spectra Energy move positive, says BMO Capital After Spectra Energy (SE) announced that it would drop all of its US legacy natural gas pipeline and storage assets into its publicly traded MLP, Spectra Energy Partners (SEP). BMO Capital thinks the move will increase Spectra Energy's stock price by $2 in a base case scenario. The firm believes that the deal will accelerate the growth of Spectra Energy's dividend and leaves it better positioned financially to carry out pipeline projects. The firm, however, keeps a Market Perform rating on the shares. 06:32 EDT SEP Spectra Energy Partners upgraded to Equal Weight at Morgan Stanley Subscribe for More Information 05:54 EDT SEP Spectra Energy intends drop down of U.S. Transmission, Storage assets Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.