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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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July 29, 2015
09:33 EDTTRGPTarga Resources upgraded to Buy from Accumulate at Global Hunter
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July 23, 2015
16:39 EDTETPEnergy Transfer Partners raises quarterly dividend by 2c to $1.04 per unit
Energy Transfer Partners announced a 2c increase in its quarterly distribution to $1.035 per ETP common unit, or $4.14 annualized, for the quarter ended June 30. The quarterly distribution of $1.04 represents a distribution increase of 32c per common unit on an annualized basis, or 8.4%, compared to Q2 of 2014 and represents an annualized distribution increase of 8c per common unit compared to Q1. This marks the eighth consecutive quarter that ETP has raised its distribution. The cash distribution will be paid on August 14, to unitholders of record as of the close of business on August 6.
16:33 EDTETE, ETPEnergy Transfer Equity raises quarterly dividend to 53c per unit
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July 21, 2015
17:17 EDTNGLSTarga Resources Partners increases dividend 1% to 82.50c
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17:16 EDTTRGPTarga Resources increases dividend 5% to 87.5c
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July 17, 2015
06:49 EDTETEEnergy Transfer Equity to engage with Williams on strategic alternatives process
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