Search
Wednesday 10 June 2015
  • :
  • :
Latest Update

Late Afternoon News Report on: FXCM Inc (NYSE:FXCM), Energy Transfer Partners LP (NYSE:ETP), Cousins Properties Inc (NYSE:CUZ), Mattel, Inc. (NASDAQ:MAT)

On Monday, in the course of current trade, Shares of FXCM Inc (NYSE:FXCM), climbed 3.77%, and is now trading at $ 1.66.

FXCM, declared that Forex Trading, LLC, a partner of FXCM Newco, LLC has signed a definitive agreement to sell FXCM Asia Limited to Rakuten Securities, Inc., a top 5 FX broker in Japan, and a partner of Rakuten, Inc., one of the world’s largest Internet services companies, for a total consideration of about $36 million.

Subject to regulatory approval from the Hong Kong Securities and Futures Commission and customary closing conditions, the transaction is predictable to close in Q3. The consideration for the net assets will be finalized on the date of closing.

FXCM Inc., through its auxiliaries, provides online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. The company operates in two segments, Retail Trading and Institutional Trading.

During an Afternoon trade, Shares of Energy Transfer Partners LP (NYSE:ETP), climbed 0.33%, and is now trading at $ 55.29.

Energy Transfer Partners, declared Revolution Project that will significantly enhance its operations in the growing Marcellus and Upper Devonian production areas of Western Pennsylvania. ETP has reached long-term gas gathering, processing, and fractionation agreements with EdgeMarc Energy. To facilitate these agreements, ETP has purchased about twenty miles of high pressure pipeline from EdgeMarc and will build a new cryogenic gas processing plant, a new fractionator and additional gas gathering pipelines.

ETP plans to construct about 100 miles of high pressure 24- and 30-inch rich gas pipeline providing a total gathering system capacity in excess of 440 million cubic feet per day. The Revolution Pipeline originates in Butler County, Pennsylvania and will extend to ETP’s Revolution Plant, a new cryogenic gas processing plant to be constructed in Western Pennsylvania. The Revolution Plant is predictable to be in-service by the second quarter of 2017 and will allow for future processing growth for additional third party gas.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company’s Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas, in addition to through its ET fuel system and HPL system.

Shares of Cousins Properties Inc (NYSE:CUZ), during its Monday’s current trading session raised 1.16%, and is now trading at $10.47.

Cousins Properties, declared that it has signed a lease renewal with Transocean Ltd. for 255,413 square feet at Greenway Plaza in Houston, TX.

Transocean, the fourth largest customer in Cousins’ Houston portfolio, presently occupies 4 Greenway Plaza in its entirety. This 255,413 square foot transaction renews 100 percent of their current space at 4 Greenway Plaza and extends their expiration on this space from January 2017 to January 2023. Transocean also presently occupies an additional 13,552 square feet of space in 3800 Buffalo Speedway at Greenway Plaza which expires January 2017.

Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, in addition to performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land.

Finally, Mattel, Inc. (NASDAQ:MAT), gained 0.82% Monday, hitting its highest level.

American Girl, a partner of Mattel, Inc. (MAT), declared a partnership with Williams-Sonoma, the premier specialty retailer of cookware and home furnishings in the United States. The new line of premium, American Girl-branded products—counting baking sets, utensils, food mixes, and a cookbook—will be accessible this fall at Williams-Sonoma and American Girl stores, in addition to online. Cooking classes will launch the partnership in June at Williams-Sonoma retail locations.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, counting Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and Batman.

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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *