On Thursday, Shares of Williams Companies Inc (NYSE:WMB), gained 0.55% to $43.80.
Columbia Pipeline Group, and Columbia Pipeline Partners, declared that Three Rivers Midstream LLC, an associate of Williams Partners L.P. (WPZ), has become a member of Pennant Midstream, LLC, a joint venture between associates of Columbia Midstream Group, LLC (an indirect wholly-owned partner of CPG), and Harvest Pipeline Company.
“We are happy to add Three Rivers Midstream as a high-quality partner to this joint venture,” said Columbia Pipeline Group President Glen Kettering, noting that the combination is predictable to significantly improvement Pennant’s long-term infrastructure investment opportunities. “Pennant leverages our extensive asset base and operating experience in the Utica Shale region to create near-term value, in addition to long-term sustainable growth for our customers and shareholders.”
The executed agreement nearly triples the acreage dedicated to Pennant to about 500,000 acres and results in the addition of investment-grade producers, positioning Pennant to be a leading long-term midstream services provider in the Mahoning Valley.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services.
Shares of KeyCorp (NYSE:KEY), inclined 0.23% to $13.34, during its last trading session.
BNY Mellon, and KeyBank (KEY), declared that BNY Mellon’s Treasury Services business will provide private label trade processing services to KeyBank’s Global Trade Group.
The integration of BNY Mellon’s capabilities and experience with KeyBank’s leading global trade platform will leverage BNY Mellon’s trade processing resources and extensive document and transaction processing capabilities. Specific outsourcing services being offered to KeyBank comprise a Web-based letter of credit information delivery and document administration system; a Web-based trade letter of credit portal; and a Web-based system for documentary collections, document review, funds transfer and trade reporting. The range of services being offered by BNY Mellon integrates all of the essential components of letter of credit and documentary collection transactions into a single platform.
“We’re excited to enter into this service agreement and chose BNY Mellon because of its strong trade processing, outsourcing experience and track record,” said Sandy Marrone, head of the product group for KeyBank’s Global Trade Services. “This positions us well to continue our strong growth in the trade industry and deliver best in class solutions for our clients.”
KeyCorp. operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.
Finally, E I Du Pont De Nemours And Co (NYSE:DD), ended its last trade with 1.35% gain, and closed at $56.13.
DuPont and Caribou Biosciences, jointly declared a planned alliance. As part of the agreement, DuPont and Caribou have cross-licensed their respective patent portfolios, with DuPont receiving exclusive intellectual property rights for CRISPR-Cas technology applications in major row crops, and non-exclusive rights in other agricultural and industrial bioscience applications.
In addition, the alliance between DuPont and Caribou involves a multi-year research partnership with scientists from the two organizations focused on enhancing the breadth, versatility and efficiency of the core CRISPR-Cas toolkit. DuPont also has made a minority equity investment in Caribou to further strengthen the working relationship.
“DuPont intends to lead in the application of CRISPR-Cas technology to improve agricultural productivity and enhance food security. Our alliance with Caribou is now at the forefront of this emerging science and will speed our development of this important platform to create long-term value for our company and our customers,” said James C. Borel, executive vice president, DuPont. “Specifically, we believe CRISPR-Cas has note worthy potential to advance plant breeding and expand the range of agricultural solutions available to farmers. We look forward to bringing related products to market in the next five to 10 years.”
E I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides. Its Electronics & Communications segment provides various materials and systems, counting photopolymers and electronic materials for photovoltaic products, consumer electronics, displays, and advanced printing.
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.
