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Stock Market & Financial Investment News

News Breaks
January 24, 2013
16:09 EDTSXLSunoco Logistics raises distribution 5%
Sunoco Logistics announced that Sunoco Partners, its general partner, has declared a cash distribution for the fourth quarter 2012 of 54.50c per common unit, $2.18 annualized, to be paid on February 14 to unit holders of record on February 8. This represents a 5% increase over Q3 cash distribution of 51.75c per common unit, $2.07 annualized, and a 30% increase over 4Q11 cash distribution of 42c per common unit.
News For SXL From The Last 14 Days
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September 17, 2014
09:04 EDTSXLSunoco Logistics 7.7M share Spot Secondary priced at $48.46
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September 16, 2014
18:30 EDTSXLOn The Fly: After Hours Movers
UP AFTER EARNINGS: Apogee Enterprises (APOG), up 5.6% after reporting second quarter results and raising fiscal 2015 guidance. ALSO HIGHER: InspireMD (NSPR), up 18.5% after reporting positive trial results for CGuard... Boeing (BA), up marginally after NASA awarded the company with a $4.2B contract for commercial spaceflight to the International Space Station... U.S. Steel (X), up 7.9%% after updating third quarter outlook. DOWN AFTER EARNINGS: Adobe (ADBE), down 4.5% following third quarter results. ALSO LOWER: Rackspace Hosting (RAX), down 16.7% after ending strategic review and deciding to stay independent... Sunoco Logistics Partners (SXL), down 3.9% after filing to sell 7.7M shares of common stock... Aratana Therapeutics (PETX), down 7.8% after filing to sell common stock.
16:25 EDTSXLSunoco Logistics 7.7M share Spot Secondary re-offered at $48.46
Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman, Jefferies, JPMorgan, Morgan Stanley, UBS and Wells Fargo are acting as joint book running managers for the offering.
16:12 EDTSXLSunoco Logistics files to sell 7.7M shares of common stock
Barclays, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., Jefferies, J.P. Morgan, Morgan Stanley, UBS Investment Bank and Wells Fargo Securities are acting as the joint book-running managers for the common unit offering.
September 10, 2014
10:00 EDTSXLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
05:49 EDTSXLSunoco Logistics upgraded to Overweight from Equal Weight at Barclays
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