On Tuesday, Anadarko Petroleum Corporation (NYSE:APC)’s shares inclined 0.29% to $82.21.
Saddlehorn Pipeline Company, LLC (“Saddlehorn”) declared recently that the Saddlehorn Pipeline system will extend to Carr, CO. The 50-mile pipeline extension from Platteville to Carr, which is anticipated to be constructed with 16-inch diameter pipe, will provide a connection to existing crude oil assets in that region. This extension has been designed to provide shippers with flexible options and streamlined access into the Saddlehorn Pipeline system.
Saddlehorn is a limited liability company owned by Magellan Midstream Partners, L.P. (MMP) (“Magellan”), Plains All American Pipeline, L.P. (PAA) (“Plains”) and Anadarko Petroleum Corporation (APC). Saddlehorn will construct, own and operate the about 600-mile pipeline (counting the Carr extension) that will transport various grades of crude oil from the DJ Basin, and potentially the broader Rocky Mountain and Bakken area resource plays, to storage facilities in Cushing, OK owned by Magellan and Plains. The 20-inch pipeline from Platteville to Cushing ultimately has the capacity to transport up to 400,000 barrels per day (bpd), with the initial capacity predictable to be closer to 200,000 bpd.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces natural gas, oil, condensate, and natural gas liquids (NGLs).
Capital One Financial Corp. (NYSE:COF)’s shares gained 0.07% to $89.38.
Following a highly competitive spring championship season, Stanford University’s women’s athletics program clinched the 2014-2015 Capital One Cup trophy; the third time they have achieved this title. In recognition of this outstanding achievement, the Cardinal women’s athletic department will receive $200,000 toward student-athlete scholarships and be honored at The ESPYS on July 15. In its fifth year, the Capital One Cup honors NCAA® Division I athletics programs for their cumulative on-field performance across multiple men’s and women’s sports.
Stanford’s women’s athletic department soared to the top due to national championships in water polo and golf, a second-place finish in volleyball, third-place finishes in soccer and swimming and diving, and top-10 finishes in fencing, field hockey, gymnastics, rowing and indoor track and field. At the end of the season the Cardinal women earned a total of 136.5 points, enough to hold off second and third-place finishers the University of Florida and Penn State University. Competition remained close all year, with Florida – last year’s Capital One Cup champion – on Stanford’s heels at the end of the season. In the end all focus was on outdoor track and field, where Oregon’s win assisted solidify the Cardinal as this year’s Capital One Cup recipient.
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada.
At the end of Tuesday’s trade, Qihoo 360 Technology Co Ltd (NYSE:QIHU)‘s shares surged 0.26% to $70.24.
Qihoo 360 Technology Co Ltd (QIHU) declared that its board of directors (the “Board”) has formed a special committee comprising of three independent, disinterested directors, Dr. Eric Chen, Dr. Jianwen Liao and Dr. Ming Huang, to consider the formerly declared non-binding “going private” proposal that the Board received on June 17, 2015. Dr. Eric Chen will chair the special committee. The special committee has retained Skadden, Arps, Slate, Meagher & Flom as its U.S. legal counsel, and intends to retain an independent financial advisor in due course, to assist it in this process.
Qihoo 360 Technology Co. Ltd., through its auxiliaries, provides Internet services in the People’s Republic of China. The company operates through Internet Services and Others segments. It offers various Internet security products, counting 360 Safe Guard, a one-stop solution for PC Internet security and system optimization; 360 Anti-Virus, an anti-virus application that uses multiple scan engines to protect users computers against various kinds of malware; and 360 Mobile Safe, a security program for the Google Android, Apple iOS, and Windows Phone smartphone operating systems.
Viacom, Inc. (NASDAQ:VIAB), ended its Tuesday’s trading session with -1.06% loss, and closed at $67.52.
Janet Jackson stands as one of the best-selling artists of all time with a string of hits that have left an indelible impression on pop culture. She is the first African-American female artist to have hit singles in each of the last four decades. Her music has won her 6 GRAMMY® Awards, 2 Emmy Awards, a Golden Globe Award, a nomination for an Academy Award together with dozens of American Music Awards, MTV Video Music Awards, BET Awards and Billboard Music Awards. BET Networks, a partner of Viacom, Inc. (VIAB), Janet Jackson, one of the world’s most influential entertainers, will be receiving the inaugural ULTIMATE ICON: Music Dance Visual award at the 15th annual “BET Awards” 2015 on Sunday, June 28, 2015, it was declared by Stephen G. Hill, BET’s President of Programming.
Ciara, Jason Derulo and Tinashe are slated to perform a special dance tribute to the iconic entertainer, which is set to comprise her just released single, “No Sleeep.” The entertainer sent her fans into social media frenzy when she recently declared her forthcoming first studio album in seven years and the first leg of her highly anticipated UNBREAKABLE WORLD TOUR, a 37-date tour starting August 31st in Vancouver, BC.
Viacom Inc. operates as an entertainment content company in the United States and internationally. The company creates television programs, motion pictures, short-form video, applications, games, consumer products, social media, and other entertainment content.
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