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Stock Market & Financial Investment News

News Breaks
December 11, 2012
06:16 EDTSESpectra Energy acquires Express-Platte Pipeline System for $1.49B
Spectra Energy announced it has entered into a definitive agreement to purchase 100% of the ownership interests in the Express-Platte Pipeline System from Borealis Infrastructure, the Ontario Teachers' Pension Plan and Kinder Morgan Energy Partners for $1.49B, consisting of $1.25B cash and $240M of acquired debt.
News For SE From The Last 14 Days
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August 26, 2015
10:00 EDTSEOn The Fly: Analyst Upgrade Summary
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06:01 EDTSESpectra Energy upgraded to Buy from Neutral at UBS
UBS upgraded Spectra Energy to Buy citing favorable risk/reward. The firm said the commodity market overhang is overstated given Spectra's infrastructure being predominantly FERC regulated and long dated contracts, and its growth rate is unchanged while peers have been forced to lower growth forecasts.

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