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Stock Market & Financial Investment News

News Breaks
March 15, 2013
11:04 EDTTOO, SKS, CRK, THOR, ULTAHigh option volume stocks: THOR SKS ULTA CRK TOO
News For THOR;SKS;ULTA;CRK;TOO From The Last 14 Days
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June 30, 2015
17:34 EDTCRKCarl Westcott raises stake in Comstock Resources to 7.41% from 5.8%
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09:29 EDTTOOTeekay to sell Petrojarl Knarr to Teekay Offshore for $1.26B
Teekay (TK) announced that it will complete the sale of the Petrojarl Knarr floating production, storage and offloading, or FPSO, unit to Teekay Offshore Partners (TOO) for its fully built-up cost of approximately $1.26B on July 1, subject to customary closing conditions. The FPSO has now completed the required operational testing to commence full charter rate under its long-term contract on the Knarr oil and gas field in the North Sea where BG Norge is the operator. In connection with sale of the Knarr FPSO, Teekay has agreed to invest $300M in Teekay Offshore common units at a price of $20.83 per unit, which is based upon a volume-weighted average price mechanism. The common units will be received in mid-July 2015, subject to customary closing conditions and after the record date for Teekay Offshore's Q2 of 2015 cash distribution.
June 23, 2015
07:15 EDTULTAOppenheimer to hold a conference
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