On Thursday, Shares of Kinder Morgan, Inc. (NYSE:KMI), lost -0.02% to $42.66.
Kinder Morgan, declared it received approval from the Federal Energy Regulatory Commission (FERC) regarding the rates, terms and conditions of service for the projected Palmetto Pipeline on May 1, 2015.
As an example, the company estimates that the potential savings for southeastern consumers could be as high as 6 cents per gallon once Palmetto is in service as compared to current trucking or marine transportation.
The projected Palmetto Pipeline will enable refined petroleum products to be transported from Baton Rouge, Louisiana, Collins and Pascagoula, Mississippi, and Belton, South Carolina, to North Augusta, South Carolina, Savannah, Georgia, and Jacksonville, Florida. The system will have a design capacity of up to 167,000 barrels per day and will comprise of a segment of expansion capacity that Palmetto will lease from Plantation Pipe Line Company between Baton Rouge, Louisiana, and Belton, South Carolina. A new 360-mile pipeline from Belton, South Carolina, to Jacksonville, Florida, will also be constructed as part of the system. Pipelines are the safest and most environmentally sound way to transport refined products, and Kinder Morgan’s safety and environmental performance is significantly better than the pipeline industry average.
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. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; and natural gas liquids fractionation facilities and transportation systems.
Shares of The Western Union Company (NYSE:WU), declined -0.69% to $21.70, during its last trading session.
The Western Union Company, declared the expansion of its educational programme for Caribbean-born or second generation of Caribbean Americans residing in the United States by pledging of US$50,000 in educational scholarships and extending the programme from nine to 19 Caribbean countries.
The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions.
At the end of Thursday’s trade, Shares of SouFun Holdings Ltd. (NYSE:SFUN), lost -0.38% to $7.95.
SouFun, will report its unaudited first quarter 2015 financial results before the U.S. market opens on Wednesday, May 20, 2015.
SouFun’s administration team will host a conference call on the same day at 8:00 AM U.S. EST (8:00 PM Beijing/Hong Kong time).
SouFun Holdings Limited operates a real estate Internet portal, and home furnishing and improvement Websites in the People’s Republic of China. The company offers marketing services on its Websites, primarily through advertisements to real estate developers in the marketing phase of new property developments, in addition to to real estate agencies; and suppliers of home furnishing and improvement, and other home-related products and services.
Finally, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), ended its last trade with -0.33% loss, and closed at $24.37.
Taiwan Semiconductor Manufacturing Company, North America has moved its San Jose office to 2851 Junction Avenue, San Jose, Calif., to serve its customers better. TSMC (TWSE: 2330, NYSE: TSM), based in Hsinchu, Taiwan is the world’s largest dedicated semiconductor foundry with 2014 revenues topping $25.1 billion. About 69 percent of TSMC’s worldwide sales originate in North.
Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The company is also involved in researching, developing, designing, manufacturing, and selling renewable energy and saving related technologies and products; and solid state lighting devices and related applications products and systems, in addition to manufactures masks.
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