Markets opened lower this morning and nothing came along all day to move any of the three major indexes above the neutral line. The morning’s report on housing starts was no better…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Adobe Systems Inc. (NASDAQ: ADBE) Raised to Sector Perform at RBC. Airgas…
Mergers and acquisitions bankers may become subject to stricter rules for revealing their personal investments as a result of a review now being conducted at Goldman Sachs Group Inc. (NYSE: GS). A…
US pipeline company Kinder Morgan Inc. (NYSE: KMI) has reached a tentative agreement with the US Federal Trade Commission (FTC) on asset sales that Kinder Morgan must make in order to get…
Shareholders of El Paso Corp. (NYSE: EP) have overwhelmingly approved the company’s $24 billion merger with Kinder Morgan Inc. (NYSE: KMI). El Paso reported this morning that 79% of shareholders voted on…
The Kinder Morgan group of companies (and entities) has been a serious money-maker through time for investors. With great leadership and a solid business model, investors have followed CEO Richard Kinder for high…
Jon C. Ogg The $21 billion merger between El Paso Corp. (NYSE: EP) and Kinder Morgan Inc. (NYSE: KMI) likely depends on whether or not the proposed combination can shed some assets. Such a deal…
US stock markets opened lower this morning and gradually lost ground throughout the day. A fractionally lower opening bell has translated to around a -0.6% loss on each of the major indexes…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Arch Coal Inc. (NYSE: ACI) Cut to Hold at…
The nation’s second-largest producer of natural gas, Chesapeake Energy Corp. (NYSE: CHK), has announced a new plan to achieve what it calls “equilibrium” between its capital expenditures and its cash flow from…
When Kinder Morgan Inc. (NYSE: KMI) made its offer to buy El Paso Corp. (NYSE: EP) for $21 billion, the purchase included some assets of El Paso that Kinder Morgan is not…
Just before Congress left town for the holiday, it passed and President Obama signed a bill to extend payroll tax cuts for two months. The bill included a provision demanding that the…
Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
The latest delay to a US decision on whether or not to allow the Keystone XL pipeline project has shifted attention to two other proposed pipelines that would carry bitumen from the…
In 2010, US refineries took delivery of about 5.4 billion barrels of crude oil. Of that total, more than 50%, 2.8 billion barrels, arrived at the refineries by pipeline. The US petroleum…
