EP
$5.11
Closing price March 28, 2024
Moody’s downgrade of Spain puts more pressure on the EU to address its sovereign debt crisis. (Reuters) Several large shareholders may fight to oust part of the News Corp. (NYSE: NWS) board....
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Today was a day of red that went to a day of green. Earnings were at first a disappointment, and producer price index came out far hotter at +0.8% on the headline number before the +0.2% reading if...
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Does the KMI & El Paso Deal Make Williams & MLPs Cheap? (KMI, EP, WMB, PAA, MMP, BPL, AMJ, KYN, WPZ)
The energy complex in America was given a huge boost on Monday on the news that Kinder Morgan Inc. (NYSE: KMI) was doing a record transaction to acquire El Paso Corporation (NYSE: EP). What this...
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China’s GDP growth decelerates to 9.1%. (Reuters) Concern about China growth and the EU disaster push global stocks lower. (Reuters) Federal Reserve officials argue about the future rate of...
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Carl Icahn was on CNBC this afternoon talking up his position gains from the El Paso Corporation (NYSE: EP). The CNBC team asked him point blank if Icahn was targeting or if he had taken a position...
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Over the weekend, pipeline company Kinder Morgan, Inc. (NYSE: KMI) announced that it would pay approximately $21.1 billion in cash and stock for El Paso Corp. (NYSE: EP) and El Paso Pipeline Partners...
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Challenger, Gray said planned layoffs announced in September were up more than 200% from a year earlier to 115,000. That figure appears to be on the rise, and the latest layoffs, or corporate plans...
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Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250 million in the merger....
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Kinder Morgan (NYSE: KMI) and El Paso (NYSE: EP) released an agreement for Kinder to acquire the outstanding shares of El Paso in a deal that will create the fourth largest energy company in North...
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So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) Started as...
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Most of the financial media stops at mid-year to reflect on how the market performed since January 1. The effort is often fruitless. The fact that a stock, or any market, did well over an...
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S&P 500 WEEK TOP 10 (20 MAY – 26 MAY) Ticker Weekly Price Change (%) Close Price 26May11 Close Price 20May11 Market Cap ($Mil) Tiffany & Co. TIF 9.8 76.04 69.24 9694.0 Sprint Nextel Corp S...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Boston Scientific Corporation (NYSE: BSX) Raised to Neutral at...
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El Paso Corp. (NYSE: EP) owns one of the country’s largest pipeline systems, extensive natural gas storage capacity, and some E&P assets. It also owns the general partner interest, 100% of...
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