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Stock Market & Financial Investment News

News Breaks
January 20, 2014
08:03 EDTTRPTransCanada sells Cancarb to Tokai for $190M
TransCanada announced it has reached an agreement to sell Cancarb and its related power generation facility to Tokai Carbon Co., Ltd. for aggregate gross proceeds of $190M, plus customary adjustments. The transaction is expected to close late in Q1, subject to various approvals. TransCanada says the sales allows it to capitalize on current market conditions and better align its asset base with the company's strategic direction, which is focused on large-scale pipeline and power generation projects in Canada, the United States and Mexico. J.P. Morgan Securities acted as the exclusive financial advisor on the transaction.
News For TRP From The Last 14 Days
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September 18, 2014
15:39 EDTTRPTransCanada CEO sees Keystone XL pipeline cost doubling, WSJ says
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15:28 EDTTRPTransCanada rallies on Third Point stake, levels to watch
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15:23 EDTTRPTransCanada shares now up nearly 6%, near highs of session
15:17 EDTTRPThird Point has amassed stake in TransCanada, Reuters says
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14:21 EDTTRPTransCanada being eyed as target by activist funds, Reuters says
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14:04 EDTTRPTransCanada spikes to highs of session following activist investor interest
Shares now up 2%.
13:54 EDTTRPTransCanada being eyed as target by activist funds, Reuters says
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September 15, 2014
09:59 EDTTRPOn The Fly: Analyst Downgrade Summary
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05:31 EDTTRPTransCanada downgraded to Sell from Neutral at Goldman
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