Earnings season could break the stock market's bear run, despite the oil slick that continues to trip up stocks.» Read More
*MannKind signs agreement with Sanofi, shares jump. NEW YORK, Aug 11- U.S. stocks rose on Monday, extending Friday's sharp rally as concerns eased over both Federal Reserve monetary policy and the tense situation between Russia and Ukraine.
HOUSTON, Aug 11- Kinder Morgan Inc as a combined company will have the opportunity to make sizable acquisitions in the natural gas and crude oil pipeline and processing sector, the company's chief executive officer told investors on a conference call on Monday.
Kinder Morgan is consolidating its subsidiaries into one company in a $44 billion dollar cash & stock deal. Its Chairman and CEO Richard Kinder, provides insight to why the transaction is good for shareholders.
Kinder Morgan is consolidating all of its publicly traded units into one company. CNBC's David Faber and Jim Cramer break down the $44 billion cash & stock transaction.
*MannKind signs agreement with Sanofi, shares jump. NEW YORK, Aug 11- U.S. stock index futures pointed to a higher open on Monday, suggesting that Friday's sharp rally could continue as it appeared less likely that the tense situation between Russia and Ukraine would escalate.
*MannKind signs agreement with Sanofi, shares jump. NEW YORK, Aug 11- U.S. stock index futures were higher on Monday, indicating that Friday's sharp rally could continue as it appeared less likely that the tense situation between Russia and Ukraine would escalate.
Aug 10- Top U.S. pipeline company Kinder Morgan Inc said on Sunday it will put all its publicly traded units under one roof in a $70 billion deal that responds to investor concerns about its growth prospects and complicated financial structure. The affected units include Kinder Morgan Energy Partners LP, Kinder Morgan Management, and El Paso Pipeline Partners.
Aug 10- Kinder Morgan is bringing all of its publicly traded units under one roof in a $70 billion deal that reshapes the financial structure of the oil and gas pipeline company.
Kinder Morgan is bringing its units under one roof in a $70 billion deal that reshapes the oil and gas pipeline company.
The deal will create a company worth $140 billion including debt that combines Kinder Morgan Energy Partners, L.P., Kinder Morgan Inc with Kinder Morgan Management and El Paso Pipeline Partners.
*Blackstone, KKR, TPG to apportion settlement. The payment by Blackstone Group LP, KKR& Co LP and TPG Capital LP will benefit shareholders of some merger targets during a buyout boom that predated the 2008 financial crisis, and was disclosed in a Thursday court filing.
Aug 7- Blackstone Group LP, KKR& Co LP and TPG Capital LP have agreed to settle a U.S. lawsuit accusing them of conspiring not to outbid each other and other buyout firms on takeovers of companies, a person familiar with the matter said.
Aug 4- Private equity firm Warburg Pincus LLC said on Monday it had agreed to invest up to $600 million in equity in Zenith Energy, a developer and operator of terminals that store and distribute petroleum, natural gas liquids and petrochemicals.
July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.
Cramer thinks now is a good time to look at companies that have rallied post quarter, and then determine which could have more upside.
July 11- Silver Lake Partners LP has agreed to pay $29.5 million to settle a lawsuit that accused several large private equity firms of conspiring not to outbid each other on takeovers prior to the financial crisis.
Mad Money host Jim Cramer speaks to Kinder Morgan's CEO Rich Kinder about the company's strong quarter, and the future of global energy.
Jill Cuniff, Edge Asset Management, explains why energy stocks like Kinder Morgan and Union Pacific have room to go higher.
Kinder Morgan Energy Partners will buy natural gas pipeline operator Copano Energy for $3.22 billion to tap into growing demand for infrastructure in Texas and Oklahoma.
Phillips 66 confirmed that the region's second-largest refinery, the 238,000 barrel-per-day Bayway plant in New Jersey, would likely be shut for another two to three weeks as repairs are carried out, primarily on electrical equipment damaged by saltwater, as Reuters reported earlier.