New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 11, 2012
18:34 EDTWMB, CHK, ACMPWilliams to buy $2.4B ACMP stake, ACMP acquires $2.16B in Chesapeake assets
Williams (WMB) has agreed to purchase from Access Midstream Partners (ACMP), a 50% interest in the privately held Access GP, and 34.5M limited partnership units of Access Midstream and will now hold a 25% interest in Access Midstream. Williams will pay $2.4B for the purchase and is planning to offer 46.5M units of common stock to fund the transaction. Separately, Access Midstream has agreed to acquire $2.16B in midstream assets from Chesapeake Energy's (CHK) midstream arm. Access and Chesapeake have also entered an agreement that gives Access exclusive access to Chesapeake's assets in the Mid-Continent region, which Chesapeake plans to sell by the end of 1Q13. Following the transactions, shares of Williams are trading down 3.6%, while shares of Access and Chesapeake are both up 1.4% respectively.
News For WMB;ACMP;CHK From The Last 14 Days
Check below for free stories on WMB;ACMP;CHK the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
May 23, 2013
06:03 EDTCHKChesapeake implied volatility at lower end of index mean range
Subscribe for More Information
May 22, 2013
10:00 EDTCHKOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:30 EDTCHKUBS to host a conference
Subscribe for More Information
07:24 EDTCHKChesapeake upgraded to Positive from Neutral at Susquehanna
Susquehanna upgraded Chesapeake based on increased oil and gas forecasts and re-branding initiatives by new CEO Doug Lawler. Price target raised to $26 from $23.
May 21, 2013
11:34 EDTWMBHigh option volume stocks: JASO YGE WMB AMTD TSL
Subscribe for More Information
May 20, 2013
17:30 EDTWMBWilliams backs FY13, FY14 adjusted EPS views
In presentation slides ahead of an analyst day to be held May 21, Williams backed its FY13 and FY14 adjusted EPS views. The company sees FY13 adjusted EPS 73c, consensus 88c. The company sees FY14 adjusted EPS $1.30, consensus $1.30. The company also sees FY15 adjusted EPS $1.55. The company also backed its previously issued FY13-FY15 annual dividend guidance, saying it expects to pay an annual dividend of $1.44 in FY13, $1.75 in FY14, and $2.11 in FY15.
07:05 EDTCHKChesapeake names Anadarko's Lawler as CEO
Subscribe for More Information
07:04 EDTCHKChesapeake names Robert Douglas Lawler as CEO
Subscribe for More Information
May 19, 2013
13:00 EDTCHKEnergy Departmant authorizes second proposed facility to export LNG
The Energy Department announced on Friday that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, Freeport, to export domestically produced liquefied natural gas, LNG, to countries that do not have a Free Trade Agreement, FTA, with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval to export LNG from this facility to FTA countries on February 10, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 1.4 billion cubic feet of natural gas a day, Bcf/d, for a period of 20 years. The Department granted the first authorization to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d. Reference Link
May 17, 2013
07:10 EDTACMPAccess Midstream is an underappreciated growth story, says Credit Suisse
Subscribe for More Information
May 16, 2013
16:26 EDTWMBWilliams raises dividend to 35.25c per share, backs FY13-FY15 dividend growth view
Subscribe for More Information
12:33 EDTCHKChesapeake volatility at 29-month lows
Subscribe for More Information
10:03 EDTCHKOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:47 EDTCHKChesapeake downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Chesapeake citing valuation and a lack of catalysts.
May 15, 2013
14:36 EDTWMBWilliams to host analyst day
Subscribe for More Information
May 13, 2013
18:24 EDTACMPAccess Midstream to host institutional investor and analyst meeting
Subscribe for More Information
08:47 EDTWMBWilliams price target raised to $45 from $39 at Argus
Argus increased its price target on Williams as the firm expects the company's margins to stabilize in late 2013 or early 2014 as NGL supply/demand ratios become more favorable. The firm thinks the company is poised to increase its dividend by 20% annually through 2015, and it keeps a Buy rating on the shares.
07:37 EDTACMPBofA/Merrill to host a conference
Subscribe for More Information
06:12 EDTCHKBNY Mellon appeals ruling on Chesapeake’s early $1.3B bond call, Bloomberg says
Bank of New York Mellon (BK) is appealing a ruling allowing Chesapeake Energy (CHK) to proceed today with redeeming $1.3B in bonds six years early at 100 cents on the dollar, reports Bloomberg. A notice of the appeal was filed May 11 in federal court in Manhattan.Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.