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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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April 21, 2014
10:01 EDTTRPOn The Fly: Analyst Downgrade Summary
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08:42 EDTTRPTransCanada CEO says 'disappointed and frustrated' with Keystone delay
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05:59 EDTTRPTransCanada downgraded to Sector Performer from Outperformer at CIBC
CIBC downgraded TransCanada to Sector Performer after the Keystone pipeline decision was delayed again.
05:59 EDTTRPState Department extends deadline for Keystone Pipeline Project
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April 17, 2014
12:07 EDTTRPTransCanada downgraded to Hold from Buy at Canaccord
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