New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 11, 2012
17:51 EDTWMB, ACMPWilliams and GIP enter $1.6B subscription agreement with Access
Global Infrastructure Partners and Williams (WMB) have entered into a subscription agreement to purchase an aggregate of up to $1.16B of additional limited partner interests, including $350M of paid in kind equity, demonstrating their substantial commitment to Access' (ACMP) long-term success. Access has concurrently obtained debt commitments to finance the balance of the purchase price. Citigroup, Barclays and UBS Investment Bank have provided commitments for a $1B acquisition bridge facility. Barclays and Citi acted as exclusive financial advisors to Access with respect to the acquisition and its related financings.
News For WMB;ACMP From The Last 14 Days
Check below for free stories on WMB;ACMP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 30, 2014
16:47 EDTWMBWilliams sees non-cash gain of $2.5B-$3B related to accounting change
Williams has adjusted its financial guidance to reflect the additional ownership in Access Midstream Partners as well as the related consolidation due to the acquisition effective on July 1 for purposes of financial reporting. Williams expects to complete its preliminary accounting allocation of the purchase price for the additional interests of Access Midstream Partnership during the third quarter of 2014. As a result of the accounting method change from the equity-method to consolidation, in the third quarter Williams expects to recognize a significant non-cash gain, currently estimated to be in the range of $2.5B-$3B, related to the required revaluation of its December 2012 investment in Access Midstream Partners. Additionally, Williams expects to record a substantially higher level of depreciation and amortization expense than currently reflected by Access Midstream Partners associated with Williams’ increased basis in Access Midstream Partners.
16:45 EDTWMBWilliams affirms planned dividend guidance
Williams is affirming previously announced dividend guidance as follows: Increase its Q3 dividend 32% to 56c, or $2.24 on an annualized basis. In addition to the third-quarter dividend increase, Williams also is affirming dividend-growth guidance of approximately 15% annually – from the higher third-quarter 2014 base – through 2017 with planned dividends of approximately $1.96 in 2014, $2.46 in 2015, $2.82 in 2016, and $3.25 in 2017.
16:44 EDTACMP, WMBWilliams reports Q2 adjusted EPS 23c, consensus 23c
Subscribe for More Information
15:31 EDTWMBNotable companies reporting after market close
Subscribe for More Information
July 29, 2014
16:52 EDTACMPAccess Midstream reports Q2 EPS 18c, consensus 30c
Subscribe for More Information
15:53 EDTACMPNotable companies reporting after market close
Subscribe for More Information
06:01 EDTWMBStocks with implied volatility below IV index mean; FDO WMB
Subscribe for More Information
July 28, 2014
09:01 EDTACMPAccess Midstream ubcreases Q2 distribution to 59.5c per share
Subscribe for More Information
06:17 EDTWMBStocks with implied volatility below IV index mean; INTC WMB
Subscribe for More Information
July 25, 2014
05:59 EDTWMBStocks with implied volatility below IV index mean; INTC WMB
Stocks with implied volatility below IV index mean; Intel (INTC) 17, Williams (WMB) 22 according to iVolatility.

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

I agree to the theflyonthewall.com disclaimer & terms of use