News Breaks |
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| March 18, 2013 |
| 09:04 EDT |  | WMB, HON | Williams to build and operate PDH facility in Alberta, Canada
Williams (WMB) announced that it has sanctioned construction of a propane dehydrogenation, or PDH, facility in Alberta, Canada. The new PDH facility, the first and only in Canada, will allow Williams to significantly increase production of polymer-grade propylene from its Canadian operations. Williams is the only company in Canada currently producing polymer-grade propylene, a valuable petrochemical feedstock used in plastics manufacturing. The company estimates capital expenditures of up to C$900M to be funded with expected cash flow from its Canadian operation and international cash on hand. Pending appropriate permitting approvals, the PDH facility is scheduled to go into service in the second quarter of 2016. Williams has selected Honeywell’s (HON) UOP as the vendor to provide the UOP Oleflex process technology for the dehydrogenation process. |
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News For WMB;HON From The Last 14 Days Check below for free stories on WMB;HON the last two weeks. |
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| May 21, 2013 |
| 11:34 EDT |  | WMB | High option volume stocks: JASO YGE WMB AMTD TSL
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| 06:18 EDT | | HON | Honeywell selected by Pilatus Aircraft fir OC-24 cockpit avionics
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| May 20, 2013 |
| 17:30 EDT |  | WMB | Williams 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. |
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| 07:22 EDT |  | HON | Electrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 20 at 7:30 am; not all company presentations may be webcasted. Webcast Link |
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| 06:07 EDT | | HON | Honeywell's HTF7350 engine to power Bombardier Challenger 350
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| May 16, 2013 |
| 16:26 EDT | | WMB | Williams raises dividend to 35.25c per share, backs FY13-FY15 dividend growth view
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| May 15, 2013 |
| 14:36 EDT | | WMB | Williams to host analyst day
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| May 14, 2013 |
| 07:23 EDT | | HON | Oppenheimer to host a summit
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| May 13, 2013 |
| 09:01 EDT | | HON | Honeywell awarded $72.4M contract from U.S. Army
Honeywell has won a three-year, $72.4M maintenance and training contract from the U.S. Army for Total Package Fielding Army Modernization Training to provide mission-capable vehicles and requisite training to safely operate and maintain heavy tactical vehicles. The award is a component of the ongoing support that Honeywell Technology Solutions has been providing to the Heavy Tactical Wheeled Vehicles Program for over 18 years. Heavy Tactical is part of the U.S. Army Tank-automotive and Armaments Command Heavy Tactical Vehicles Program Manager under the TACOM Transportation Systems Program Executive Office. |
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| 08:47 EDT |  | WMB | Williams 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. |
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