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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:44 EDTTRPTransCanada expects Keystone XL service in late 2014, early 2015
TransCanada said in its earnings release that on January 4, the Nebraska Department of Environmental Quality issued its final evaluation report on the proposed re-route of Keystone XL to the Governor of Nebraska. The report noted that the new route avoids the Nebraska Sandhills, and that construction and operation of the pipeline is expected to have minimal environmental impacts in Nebraska. On January 22, 2013, the Governor of Nebraska approved the re-route through the state. The new route now becomes part of the project's Presidential Permit application with the U.S. Department of State, which was filed on May 4, 2012. Subject to regulatory approvals, TransCanada expects Keystone XL to be in service in late 2014 or early 2015. The approximate cost of the line is $5.3B.
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May 22, 2013
19:18 EDTTRPU.S. House approves Keystone XL bill, Reuters says
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18:58 EDTTRPU.S. House has votes to pass legislation approving Keystone XL, Bloomberg says
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May 17, 2013
08:29 EDTTRPCanadian PM Harper lobbies U.S. for Keystone XL pipeline, WSJ reports
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06:57 EDTTRPGOP may unveil debt ceiling plan before summer recess, Politico reports
House Republicans are considering releasing their plan for raising the debt ceiling before Congress' August recess, according to Politico. The plan is likely to include new spending cuts, a framework for tax reform, and a stimulus element, which would feature a provision involving Transcanada's (TRP) Keystone Pipeline, the website reported. Reference Link
May 16, 2013
08:22 EDTTRPTransCanada to sell 45% stake in GTN, Bison Pipelines to TC PipeLines for $1.05B
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May 15, 2013
07:31 EDTTRPIEA backs Keystone XL pipeline, Globe and Mail reports
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