On Thursday, Shares of Energy Transfer Equity LP (NYSE:ETE), gained 6.01% to $22.06.
Bayou Bridge Pipeline, LLC (Bayou Bridge) declares the launch of a binding expansion open season to assess additional interest in transportation service from Nederland, Texas, to refining markets in Louisiana on the Bayou Bridge Pipeline (BBP). Bayou Bridge is jointly owned by auxiliaries of Phillips 66 (PSX), Energy Transfer Partners, L.P. (ETP) and Sunoco Logistics Partners L.P. (SXL).
Construction is already underway on the BBP 30-inch pipeline segment from Nederland, Texas, to Lake Charles, Louisiana. Bayou Bridge anticipates commercial operations for this segment to start in the first quarter of 2016. The results of the expansion open season will be used by Bayou Bridge to determine the diameter of the BBP pipeline segment from Lake Charles to St. James, Louisiana. At St. James, BBP has agreed to a connection with NuStar Energy L.P.’s crude oil terminal and is in negotiations with additional parties to connect to the extensive existing crude oil terminalling infrastructure in the region, counting the Plains Marketing, L.P.’s crude oil terminal. The in-service date for commercial deliveries by Bayou Bridge to St. James, Louisiana, is forecast for the second half of 2017.
The binding expansion open season will commence at 12 p.m. CDT October 1, 2015. Bona fide potential shippers that would like to receive copies of the expansion open season documents, the throughput and deficiency agreement, and projected tariffs must first sign a confidentiality agreement.
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally.
Energy Transfer Equity, L.P. (ETE) is a limited partnership company. Energy Transfer Equity, L.P. directly and indirectly owns equity interests in ETP and Regency, both of which are master limited partnerships engaged in diversified energy-related services.
Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL), declined -2.21% to $8.85, during its last trading session.
Marvell Technology Group declared that the Board of Directors has approved a quarterly dividend payment of $0.06 per share to all shareholders of record as of October 8, 2015. Marvell intends to pay the dividend on October 22, 2015.
Marvell Technology Group Ltd. (Marvell) is a fabless semiconductor provider of application-specific standard products. The Company develops System-on-a-Chip (SoC) devices. Its product portfolio comprises devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers (PHY), mobile handsets, connectivity, Internet-of-Things (IoT) devices and other consumer electronics.
Shares of Gap Inc (NYSE:GPS), declined -1.95% to $27.94, during its last trading session.
The Gap, declared that Stefan Larsson will step down as global president of Old Navy effective October 2, 2015. Jill Stanton, executive vice president of Global Product at Old Navy, will lead the division in the interim, reporting to Gap Inc. Chief Executive Officer Art Peck. A search for a new global brand president is already under way.
“We have an impressive team at Old Navy, with some of the best creative and business talent in the industry, and they are delivering consistent results,” said Peck. “We have a clear strategy in place, and I have every confidence the brand will continue to build on its momentum and realize its substantial growth potential.”
Stanton is a proven industry veteran with more than 25 years experience, counting almost 14 years at Nike where she served as vice president and general manager of global apparel.
The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores.
Finally, Cablevision Systems Corporation (NYSE:CVC), ended its last trade with 1.05% gain, and closed at $32.81.
Cablevision Systems Corporation, declared on 2015-08-07 that it will issue $0.15 per share to investors of record on 2015-08-21. The distribution is planned to be paid on 2015-09-10. The stock’s Ex-Dividend date was set at 2015-08-19. In order to be eligible for the payout, shareholders would need to be owners of the stock before that date.
Cablevision Systems Corporation (CVC) has issued a total of $0.6 per share to investors over the past twelve months. In the year before that, the firm paid out $0.6 per share in distributions, or a difference of 0%.
Cablevision Systems Corporation (Cablevision) through its partner CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their auxiliaries operates cable operations business in the United States.
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