On Friday, Energy Transfer Partners LP (NYSE:ETP)’s shares declined -1.96% to $45.98.
Sunoco LP (SUN) declared that the Partnership’s senior administration will take part in two forthcoming investor conferences.
Administration will hold investor meetings recently at the Barclays CEO Energy-Power Conference in New York City.
The Partnership will also hold investor meetings Wednesday, September 16 at the J.P. Morgan Midwest Energy Infrastructure/MLP 1×1 Forum in Chicago.
Sunoco LP (SUN) is a master limited partnership that operates more than 850 convenience stores and retail fuel sites and distributes motor fuel to c-stores, independent dealers, commercial customers and distributors located in 30 states at about 6,800 sites, both directly and through our 31.6 percent interest in Sunoco, LLC, owned in partnership with Energy Transfer Partners (ETP). Our parent — Energy Transfer Equity (ETE) — owns SUN’s general partner and incentive distribution rights.
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. This segment owns and operates about 7,700 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas. Its Interstate Transportation and Storage segment provides natural gas transportation and storage services; owns and operates about 12,800 miles of interstate natural gas pipeline; and has interests various natural gas pipelines. The company’s Midstream segment gathers, compresses, treats, blends, processes, and markets natural gas in various basins and shales in Texas, New Mexico, West Virginia, and Louisiana. This segment owns and operates about 7,200 miles of natural gas and natural gas liquid (NGL) gathering pipelines.
Cardinal Health Inc (NYSE:CAH)’s shares gained 2.41% to $85.01.
Cardinal Health declared that its board of directors has elected Nancy Killefer as an independent director, effective Sept. 14.
Killefer most served as senior partner of McKinsey and Co. Inc., until her retirement in 2013. At McKinsey, she served a multitude of consumer, retail, health care and other companies in roles of increasing responsibility over the span of more than three decades.
She also served in the United States Department of the Treasury as the assistant secretary for Administration, chief financial officer and chief operating officer.
Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, counting chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers; hospitals; and other healthcare providers.
At the end of Friday’s trade, Discover Financial Services (NYSE:DFS)‘s shares surged 0.21% to $52.61.
PULSE, a Discover Financial Services (DFS) company, Ninety percent of U.S. financial institutions either have begun issuing chip (EMV) debit cards or presently plan to do so by the end of 2015, according to the 2015 Debit Issuer Study commissioned by PULSE. Based on these plans, 25 percent of U.S. debit cards – about 71 million cards – will be migrated to chip by the end of 2015. The percentage is predictable to rise to 73 percent by the end of 2016 and 96 percent by the end of 2017.
Majority of issuers plan accelerated migration
While most financial institutions plan to start issuing chip cards by the end of this year, the full rollout will take time. The majority of issuers (62 percent) plan to implement chip debit cards using an accelerated migration strategy.
That approach comprises combining natural reissuance when their account holders’ debit cards expire, with a targeted reissuance to heavy card users, international travelers and other customers who request a chip card. The other approaches are natural migration (used by 23 percent of issuers) and mass migration (used by 15 percent).
Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, counting private student loans, personal loans, home loans, home equity loans, prepaid cards, and other consumer lending, in addition to deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit.
Alamos Gold Inc. Class A (NYSE:AGI), ended its Friday’s trading session with -2.55% loss, and closed at $4.20.
Alamos Gold Inc. (AGI) declared the purchase of 8,000,000 common shares (the “Shares”) of AuRico Metals Inc. (“AuRico”), representing about 6.34% of the outstanding common shares of AuRico (the “Transaction”). The Shares are being attained by Alamos by way of private placement at a price of C$0.70 per Share.
Preceding to the Transaction, Alamos owned directly 5,767,855 common shares of AuRico, which represented about 4.8% of the issued and outstanding common shares of AuRico. Upon completion of the Transaction, Alamos will hold 13,767,855 common shares of AuRico, representing about 10.92% of the issued and outstanding common shares of AuRico.
Alamos Gold, Inc. operates as an intermediate gold producer primarily in North America. The company primarily holds a 100% interest in the Young-Davidson gold mine, which comprises mineral leases and claims totaling 11,000 acres in Northern Ontario, Canada.
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