Earnings season could break the stock market's bear run, despite the oil slick that continues to trip up stocks.» Read More
CALGARY, Alberta, Oct 23- Canada's energy regulator ruled on Thursday that Kinder Morgan Energy Partners LP must be allowed access to a park in a Vancouver suburb in order to complete technical work for the planned C $5.4 billion expansion of its Trans Mountain oil pipeline. In its first order on record to a Canadian municipality, the National Energy Board said...
VANCOUVER, Oct 21- A Western Canadian pipeline once seen as the best near-term hope for sending more of the country's controversial tar sands crude to Asia has hit another snag: aboriginal communities intent on using the courts to block the proposed expansion. Kinder Morgan Energy Partners' C $5.4 billion Trans Mountain expansion would twin a 60- year-old line...
HOUSTON _ Kinder Morgan Inc. on Wednesday reported profit of $329 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Analysts expected $4 billion, according to Zacks.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. fell 4.4 percent to $2.62 with 39,232,900 shares traded. Alcoa Inc. fell 1.4 percent to $14.29 with 35,871,800 shares traded.
Oct 10- A Delaware judge said Royal Bank of Canada must pay $75.8 million in damages to former shareholders of Rural/Metro because it failed to disclose conflicts of interest that tainted the $438 million buyout of the ambulance operator. Delaware Court of Chancery Vice Chancellor Travis Laster found that the value of Rural/Metro shares were $21.42 at the...
Sept 26- Goldman Sachs Group Inc has tightened rules on investments its bankers can make in individual stocks and bonds, a company spokesman said on Friday. Goldman's decision, announced internally on Friday, also bars bankers from investing in activist or event-driven hedge funds, Andrew Williams, a Goldman Sachs spokesman, told Reuters.
Sept 26- Goldman Sachs Group Inc has tightened rules on investments its bankers can make in individual stocks and bonds, a company spokesman said on Friday, as a U.S. Goldman's decision, announced internally on Friday, also bars bankers from investing in activist or event-driven hedge funds, Andrew Williams, a Goldman Sachs spokesman, told Reuters.
Sept 26- Lawyers who persuaded seven private equity firms to pay $590.5 million to settle lawsuits accusing them of conspiring to depress the prices of corporate buyouts before the financial crisis are seeking fees of about $195 million for their work.
On Thursday, Norwegian oil firm Statoil said it will postpone its 40,000 barrels-a-day Corner project for at least three years, possibly indefinitely. While a handful of other projects have also been delayed or canceled this year, due in part to rising costs, Statoil is the first company to explicitly cite "limited pipeline access" as a reason.
HOUSTON, Sept 19- To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.
Alibaba expected to rise in trading debut on heavy interest. NEW YORK- Alibaba Group Holding Ltd's shares surge 41 percent to $96.02 on their first day of trading as many investors who received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history. Wall St rises as Scots stay in UK, Alibaba debuts.
Fewer than 1 percent of large partnerships were audited by the IRS in 2012, compared with 27 percent of large corporations, the GAO said, defining both as having $100 million or more in assets, and in the case of partnerships, 100 or more partners.
Calgary- based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.
VANCOUVER, Sept 17- The Supreme Court of British Columbia has rejected a local municipality's bid for a temporary injunction to stop survey work for an oil pipeline expansion project proposed by Kinder Morgan Energy Partners.
Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.
SAN FRANCISCO, Sept 5- A San Francisco Superior Court judge on Friday dismissed a lawsuit brought by environmental groups against Kinder Morgan's Richmond, California, rail terminal, which quietly began unloading crude oil from trains this year, saying the plaintiffs waited too long to file their complaint.
Sept 5- Alibaba Group Holding Ltd disclosed on Friday that it would pay $15.8 million in legal fees to law firm Simpson Thacher and other attorneys who advised the Chinese e-commerce giant on its upcoming IPO, six times what Facebook paid its counsel two years ago.
NEW YORK, Aug 13- The millions of Americans that use propane to heat their homes, dry crops or keep livestock warm expect another tough winter this year as a fragmented supply network of pipelines, trains and trucks struggles to keep pace with spiking demand.
*European stocks dip with Ukraine worries to the fore. LONDON, Aug 12- European shares fell on Tuesday, throwing a rally in the U.S. and Asia into reverse, and the euro dipped towards nine-month lows against the dollar as reports a Russian aid convoy was heading to Ukraine ratcheted up tension between Kiev and Moscow.
SYDNEY, Aug 12- Asian shares nudged higher on Tuesday, tracking rallies in the United States and Europe as investors seemed to put aside geopolitical concerns, at least for the moment. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent after jumping 1.5 percent on Monday.