On Wednesday, Shares of Kinder Morgan, Inc. (NYSE:KMI), lost -4.22% to $32.24, hitting its lowest level.
A partner of Kinder Morgan declared the start of a binding open season to solicit interest for incremental firm natural gas transportation service on its Mier-Monterrey pipeline, which would expand capacity to about 1.340 billion cubic feet per day. The expansion project, which would be accomplished by the fourth quarter of 2017, will comprise of the looping of the existing Mier-Monterrey pipeline system from the Mexico-United States border to Huinalá, Nuevo León, Mexico, and a new lateral from Pesquería, Nuevo León, Mexico, to Escobedo, Nuevo León, Mexico.
The open season bid period starts on Aug. 13, 2015, and ends at 5 p.m. Central Time on Aug. 22, 2015. Interested parties should submit their written request for the Binding Bidding Guidelines to Alex Araya, director of marketing and transport for Kinder Morgan Midstream, at [email protected] or (713) 369-8820.
Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments.
Shares of Net Element, Inc. (NASDAQ:NETE), inclined 21.92% to $0.36, during its last trading session.
Net Element declared the release by PayOnline of an updated version of Pay-Travel. The new version of Pay-Travel will provide an improved industry solution for secure, automated payment processing, clearing and reconciliation for the travel and tourism industry. The solution is fully integrated with leading Global Distribution Systems (“GDS”), which comprises Amadeus and Sabre and accessible for online and mobile application payments acceptance.
PayOnline introduced Pay-Travel platform to the travel industry in 2009 and is focused on providing online payment acceptance services to travel agencies, ticket offices and airlines. Recently, Pay-Travel is used to accept payments online and in mobile applications by major ticket offices and airlines in Russia, counting: Ural Airlines, Max-Avia, Altair, Sinbad, Pososhok.ru, CheapBilet and Biletberry.
Pay-Travel integrates the existing financial instruments already used by the travel industry into a best-in-class, multi-channel, GDS-independent platform, which allows users to effectively manage all aspects of their payment needs in a flexible, easy-to-use solution.
By using proprietary “AVIA2SPLIT” technology in Pay-Travel, airline ticket sales are processed directly with GDS, avoiding acquiring bank fees and travel broker commissions processed by acquiring banks. By splitting acquiring flow Pay-Travel’s solution assists travel agencies and airlines to significantly reduce acquiring costs.
Net Element, Inc., a global payments-as-a-service, operates as a technology provider with an integrated mobile and transactional services platform serving emerging market clients.
Finally, New York Mortgage Trust Inc. (NASDAQ:NYMT), ended its last trade with -4.53% loss, and closed at $7.16, hitting its lowest level.
New York Mortgage Trust stated results for the quarter ended June 30, 2015.
Summary of Second Quarter 2015:
- Net income attributable to common stockholders of $21.5 million, or $0.20 per share.
- Net interest income of $20.3 million and net interest margin of 391 basis points.
- Issued and sold 1,413,757 shares of its common stock at an average price of $7.79 per share under its at-the-market offering programs, resulting in net proceeds to the Company of about $10.8 million.
- Issued 3,600,000 shares of 7.875% Series C Cumulative Redeemable Preferred Stock for total net proceeds of $86.9 million.
- Accomplished the sale of CLOs realizing a gain of about $3.2 million.
- Sold or refinanced distressed residential mortgage loans with a carrying value of about $16.6 million for aggregate proceeds of about $20.2 million, which resulted in a net realized gain, before income taxes, of about $3.6 million.
- Book value per common share of $6.82 at June 30, 2015 as contrast to $7.03 at March 31, 2015 and $7.07 per common share at December 31, 2014.
- Declared second quarter dividend of $0.27 per common share that was paid on July 27, 2015, marking the thirteenth successive quarter at this level.
New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the United States.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
