On Friday, BreitBurn Energy Partners L.P. (NASDAQ:BBEP)’s shares declined -4.31% to $4.18.
Breitburn Energy Partners LP (BBEP) declared a cash distribution of $0.04166 per common unit for the first month attributable to the second quarter of 2015, payable on July 17, 2015, to record holders of its common units at the close of business on July 14, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis.
Breitburn also declared distributions for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) and 8.0% Series B Perpetual Convertible Preferred Units. A cash distribution of $0.171875 per Series A Unit is payable on August 17, 2015, to record holders of its Series A Units at the close of business on July 31, 2015. This monthly distribution is equal to an annual distribution of $2.0625 per Series A Unit. Breitburn has elected to pay the distribution on the Series B Units in kind by issuing additional Series B Units instead of paying a cash distribution. A distribution of 0.006666 PIK unit per Series B Unit is payable on July 15, 2015, to record holders of Series B Units at the close of business on June 30, 2015.
Breitburn Energy Partners LP, an independent oil and gas partnership, acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States. The company’s oil, NGL, and natural gas reserves are primarily located in seven producing areas comprising the Arkansas, Louisiana, and East Texas; Michigan, Indiana, and Kentucky; Permian Basin in Texas and New Mexico; the Mid-Continent covering Oklahoma, Kansas, and the Texas Panhandle; Rockies in Wyoming; Florida and Alabama; and California.
Capital One Financial Corp. (NYSE:COF)’s shares gained 1.08% to $87.67.
On Thursday, July 23, 2015, at about 4:05 p.m. Eastern time, Capital One Financial Corporation (COF) will release its Second Quarter 2015 earnings results. Additionally, the company will host a conference call at 5:00 p.m. Eastern time to review financial and operating performance for the quarter ending June 30, 2015.
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
At the end of Friday’s trade, Credit Suisse Group AG (ADR) (NYSE:CS)‘s shares surged 3.60% to $28.75.
Credit Suisse Group AG (ADR) (CS) driven by supply fundamentals and macroeconomic factors, according to Credit Suisse Asset Management.
The Bloomberg Commodity Index Total Return performance was negative for the month, with 15 out of 22 Index constituents trading lower.
Credit Suisse Asset Administration observed the following:
- Industrial Metals was the worst performing sector, down 7.70%, as a continued weak economic growth outlook for China weighed on demand expectations.
- Agriculture declined 3.50%, led lower by softs, as a weaker Brazilian Real incentivized exports of sugar, coffee and soybeans. In addition, heavy rainfall improved the coffee harvest outlook in Brazil and Colombia, increasing supply expectations.
- Energy finished the month 2.13% lower, led by Natural Gas. Inventories rose more than predictable towards the end of the month, and forecasts for moderate weather across the U.S. reduced cooling demand expectations.
- Livestock gained the most, up 2.34%. In addition to Lean Hogs, Live Cattle also ended the month higher following raised wholesale beef demand. Furthermore, good pasture conditions incentivized producers to hold back cattle, shrinking near term supplies.
Credit Suisse Group AG, together with its auxiliaries, provides various financial services to private, corporate, institutional, government clients, and high-net-worth individuals, in addition to affluent and retail clients worldwide.
Aecom (NYSE:ACM), ended its Friday’s trading session with 0.10% gain, and closed at $31.01.
AECOM (ACM), a leading provider of professional technical and administration support services for public and private clients in more than 150 countries around the world, declared recently that its Tishman Construction operation is serving as construction manager of the repositioning and renovation of Citi’s 388-390 Greenwich Street Re-Development.
The project will consolidate a substantial portion of Citi’s New York metropolitan-area population into a newly updated global headquarters at the company’s existing two-building complex in the Tribeca neighborhood of Lower Manhattan. Improvements at the 4-acre site may comprise exterior enhancements, additions to the plaza space, upgrades and end-of-life infrastructure replacements, in addition to re-stacking and renovations of 2.34 million gross square feet of interior space, counting a tier IV data center. Additionally, the project team is pursuing LEED Platinum certification.
AECOM, together with its auxiliaries, provides professional technical and administration support services for public and private clients worldwide. The company operates through two segments, Professional Technical Services (PTS) and Administration Support Services (MSS).
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