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Stock Market & Financial Investment News

News Breaks
December 11, 2012
11:56 EDTSESpectra Energy acquisition positive, says Deutsche Bank
After Spectra Energy announced that it would acquire the Express-Platte Oil Pipelines, Deutsche Bank notes that the pipelines serve a growing market and will enable the company to begin reducing its risks from natural gas liquid prices. However, the firm believes that the company is still subject to such risks and maintains a Hold rating.
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April 15, 2014
09:18 EDTSESpectra Energy elects CEO Gregory Ebel as chair of the board of directors
Spectra Energy announced that the board of directors has elected Gregory L. Ebel to serve as chair of the board of directors. Ebel, who has been president and CEO since January 2009, replaces William T. Esrey who is retiring after serving as chair for the past five years. The company also announced that F. Anthony Comper has been elected as independent lead director. Comper, originally elected to the board in 2007, is the former chair and retired president and CEO of BMO Financial Group and will serve as a member of Spectra Energy's corporate governance and audit committees. Both of these appointments will be effective immediately.

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