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Stock Market & Financial Investment News

News Breaks
June 19, 2014
19:59 EDTETP, TRGP, NGLS, ETEWells Fargo 'highly skeptical' of Targa Resources takeover
Wells Fargo said it is "highly skeptical" that Energy Transfer (ETE) will ultimately acquire Targa Resources (TRGP) and Targa Resources Partners (NGLS) after Bloomberg reported that the sides were near am agreement. Wells says that while there are strategic benefits to such a merger, the math of such a transaction doesn't work. It notes the transaction would likely be "highly dilutive" to the Energy Transfer family.
News For TRGP;ETE;NGLS;ETP From The Last 14 Days
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August 27, 2015
07:19 EDTETPMatrix Service awarded $330M pipeline terminal construction contract
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August 26, 2015
10:11 EDTETEHigh option volume stocks
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August 24, 2015
12:20 EDTETEEnergy Transfer Equity bids for Magnum Hunter Eureka stake, Bloomberg says
Energy Transfer Equity (ETE) is making a bid to acquire Magnum Hunter Resources' (MHR) stake in the Eureka Hunter Pipeline, Bloomberg reports, citing people with knowledge of the matter. The approximately 46% stake may be worth as much as $600M, the report says. Reference Link
12:02 EDTETEEnergy Transfer Equity bids for Magnum Hunter Eureka stake, Bloomberg says
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August 20, 2015
10:00 EDTTRGPOn The Fly: Analyst Downgrade Summary
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08:19 EDTNGLS, TRGPJefferies sees downside risk in Targa, cuts to Underperform
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05:58 EDTTRGPTarga Resources downgraded to Underperform from Hold at Jefferies
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August 17, 2015
16:38 EDTETP, ETEEnergy Transfer announces FERC enviromental statement for Lake Charles project
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07:23 EDTETESpectra making bid for whole of Williams Companies, Reuters reports
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August 14, 2015
13:03 EDTNGLSOmega Advisors gives quarterly update on stakes, discloses stake in Google
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