On Monday, Thomson Reuters Corp (NYSE:TRI)’s shares declined -3.82% to $37.29.
Thomson Reuters recently declared the release of a special report, Estate Planning Portability is a Game-Change for Married Couples, to guide estate planners on the application of the portability provision, which allows a surviving spouse to inherit the deceased spouse`s residual gift and estate tax applicable exclusion amount.
Portability offers a noteworthy change in estate planning for married couples and may be one of planners` most effective tools for small and medium-sized estates. Congress introduced this taxpayer-friendly provision to simplify estate planning, and the recently released final regulations clarify the portability election rules. However, while this opportunity is incredibly useful, it is not automatic.
Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. The company sells electronic content and services to professionals primarily on a subscription basis. It operates through four segments: Financial & Risk, Legal, Tax & Accounting, and Intellectual Property & Science. The Financial & Risk segment offers news, and information and analytics, in addition to enables transactions and brings together communities that allow trading, investing, financial, and corporate professionals to connect.
DSW Inc. (NYSE:DSW)’s shares dropped -3.22% to $30.91.
DSW Inc. (DSW), a leading branded footwear and accessories retailer, is happy to declare a new DSW to Prairie Market on US Route 34. The store will open on August 27, 2015.
DSW Inc., together with its auxiliaries, operates as a branded footwear and accessories retailer in the United States. The company operates through two segments, DSW and Associated Business Group. It offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids.
At the end of Monday’s trade, Oneok Partners LP (NYSE:OKS)‘s shares dipped -3.46% to $29.84.
ONEOK, Inc. (OKE) declared second-quarter 2015 financial results.
SECOND-QUARTER AND YEAR-TO-DATE 2015 FINANCIAL PERFORMANCE
Second-quarter 2015 results raised, contrast with the second quarter 2014, due primarily to higher natural gas and natural gas liquids volumes at ONEOK Partners (OKS).
Variances in financial performance in the first six months of 2015, contrast with the same period in 2014, are primarily a reflection of significantly higher weather-related seasonal demand in the Midwest, resulting in higher prices for propane and natural gas, due to severely cold weather during the first quarter 2014 and sustained lower commodity prices through the first half of 2015.
Enhances in second-quarter 2015 operating income reflect:
- Higher NGL exchange-services volumes from recently connected natural gas processing plants in the Williston Basin, Powder River Basin and Mid-Continent regions, and additional revenues from minimum volume obligations;
- Higher NGL transportation margins, primarily from the acquisition of the West Texas LPG pipeline system; and
- Higher margins due to changes in contract mix and higher natural gas volumes gathered, processed and sold, and higher NGL volumes sold, in the natural gas gathering and processing segment; offset partially by
- Lower net realized NGL, natural gas and condensate prices.
ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in three segments: Natural Gas Gathering and Processing; Natural Gas Liquids; and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment gathers and processes natural gas produced from crude oil and natural gas wells located in the Mid-Continent region; and gathers and processes natural gas in the Williston Basin, which spans portions of Montana and North Dakota, and the Powder River Basin of Wyoming.
Alon USA Energy, Inc. (NYSE:ALJ), ended its Monday’s trading session with -5.59% loss, and closed at $17.72.
Alon USA Partners, LP (ALDW) declared results for the second quarter of 2015. Net income for the second quarter of 2015 was $59.4 million, or $0.95 per unit, contrast to $7.8 million, or $0.12 per unit, for the same period last year. Net income for the first half of 2015 was $95.9 million, or $1.53 per unit, contrast to $50.0 million, or $0.80 per unit, for the same period last year.
The Board of Directors of Alon USA Partners GP, LLC, the general partner of Alon Partners, declared a cash distribution for the second quarter of 2015 of $1.04 per unit payable on August 25, 2015 to common unitholders of record at the close of business on August 18, 2015, based on cash accessible for distribution of $64.8 million.
Alon USA Energy, Inc. engages in refining and marketing petroleum products, primarily in the South Central, Southwestern, and Western regions of the United States. It operates in three segments: Refining and Marketing, Asphalt, and Retail. The Refining and Marketing segment operates sour crude oil refinery located in Big Spring, Texas; light sweet crude oil refinery located in Krotz Springs, Louisiana; and heavy crude oil refineries located in Paramount, Bakersfield and Long Beach, California with a crude oil throughput capacity of about 217,000 barrels per day.
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