On Thursday, Enterprise Products Partners L.P. (NYSE:EPD)’s shares declined -1.82% to $29.72.
Enterprise Products Partners L.P. (EPD) declared that it has executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business, which primarily comprises of its Offshore Pipelines & Services business segment to Genesis Energy, L.P. (“Genesis”) for about $1.5 billion in cash. The transaction is predictable to close during the third quarter of 2015. Enterprise’s offshore assets comprise its ownership interest in nine crude oil pipeline systems with more than 1,100 miles of pipeline; nine natural gas pipeline systems totaling about 1,200 miles of pipeline; and its ownership interest in six offshore hub platforms.
Enterprise anticipates to record non-cash asset impairment and related charges of about $100 million, or $0.05 per common unit on a fully-diluted basis in connection with the sale of its offshore Gulf of Mexico pipelines and services business. Since these assets were viewed as held-for-sale at June 30, 2015, these non-cash charges will be reflected in Enterprise’s merged results for the three and six months ended June 30, 2015.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
Potbelly Corp(NASDAQ:PBPB)’s shares gained 0.75% to $13.47.
Potash Corp believes the projected transaction would combine two best-in-class companies with minimal overlap to create a global producer in the nutrient industry for the long-term benefit of investors, customers, employees and the communities where both companies operate. The company affirmed that its proposal is not predicated on closing mines, curtailing production, selling the salt business or cutting jobs.
PotashCorp has put forward a compelling proposal to negotiate a transaction that it believes balances the interests of investors and other stakeholders, counting the employees and communities in which the companies operate. It is encouraged by K+S’ response since many of the matters raised have already been addressed in previous correspondence or can be addressed if K+S were to agree to meet with company representatives.
Potash Corporation of Saskatchewan Inc., together with its auxiliaries, produces and sells fertilizers and related industrial and feed products worldwide. The company operates in three segments: Potash, Nitrogen, and Phosphate. It mines and produces potash, which is primarily used as fertilizer.
At the end of Thursday’s trade, Activision Blizzard, Inc.(NASDAQ:ATVI)‘s shares surged 0.33% to $25.85.
Skylanders® is bringing another trailblazing innovation to the #1 kids console franchise¹ with the launch of Skylanders® SuperChargers on September 20, 2015 in North America. Activision Publishing, Inc., a wholly owned partner of Activision Blizzard, Inc. (ATVI) and the leaders of the toys-to-life category it created, expands upon the franchise’s signature gameplay to introduce vehicles-to-life — an entirely new way for fans to experience the magic of Skylands.
At the helm of powerful, tricked-out land, sea and sky vehicles, Portal Masters can engage in a high-octane action-adventure videogame like never before. Kids can speed across Skylands’ roads in vehicular combat, race down roaring rapids and engage in aerial dogfights as they barrel-roll through enemy swarms for the first time. Developed by Vicarious Visions, Skylanders SuperChargers offers a rich story-driven gameplay experience, filled with vehicle-based and on-foot adventures, combat, puzzles, mini games, activities and platforming, set within a variety of all-new compelling environments.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
3D Systems Corporation (NYSE:DDD), ended its Thursday’s trading session with -3.83% loss, and closed at $16.32.
3D Systems Corporation (DDD) declared that it plans to hold a conference call and simultaneous webcast to talk about its financial results for the second quarter and first six months of 2015 on Thursday, August 6, 2015, at 8:30 a.m. Eastern Time. The company anticipates to release these financial results and to file its Form 10-Q on August 6, 2015.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
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