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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:12 EDTTOT, UGITotal in exclusive sales talks for Totalgaz with UGI Corporation
Total (TOT) announced that it has entered into exclusive negotiations with UGI Corporation (UGI), the parent company of Antargaz, after having received a firm offer from the U.S. company to acquire all outstanding shares of Totalgaz, the groupís liquefied petroleum gas distributor in France. The transaction under consideration is aligned with Totalís strategy of assertively managing its asset portfolio, the company said.
News For TOT;UGI From The Last 14 Days
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July 31, 2014
06:35 EDTTOTOil companies say Russia sanctions could be headwind, NY Times reports
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July 30, 2014
08:45 EDTTOTTotal suspends Novatek purchases amid Ukraine unrest, FT says
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08:41 EDTTOTTotal reports Q2 adjusted EPS $1.38, consensus $1.44
Reports Q2 hydrocarbon production 2,054 kboe/d. Reports Q2 asset sales $201M. Total said, "The sale of Usan was not completed with Sinopec. The Group is actively pursuing the sale process for this asset."
July 29, 2014
19:06 EDTUGIUGI Corporation backs FY14 adjusted EPS $2.95-$3.05, consensus $2.94
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19:05 EDTUGIUGI Corporation reports Q3 adjusted EPS 15c, consensus 17c
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19:03 EDTUGIUGI Corporation announces three for two stock split, increases annual dividend
UGI Corporationís board has approved a plan to issue three common shares for every two common shares outstanding. The new shares are distributable September 5 to shareholders of record as of August 22. In addition, UGIís board has approved an increase of over 10% in the annual dividend rate on its common stock from $1.18 to approximately $1.30 on a pre-split basis, or from approximately 79c to 87c per share, respectively, after the split. The new quarterly dividend of approximately 32.63c per share on a pre-split basis, or 21.75c per share after the split, is payable October 1 to shareholders of record on September 15.
July 28, 2014
06:48 EDTTOTU.K. to allow more oil, gas exploration, NY Times says
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