On Friday, Energy Transfer Partners LP (NYSE:ETP)’s shares declined -0.33% to $54.98.
Energy Transfer Partners LP (ETP) offered further details on its formerly 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 fractionators 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. This segment owns and operates about 7,700 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas.
Ventas, Inc. (NYSE:VTR)’s shares dropped -0.16% to $63.97.
Ventas, Inc. (VTR) said that its Board of Directors declared a regular quarterly dividend of $0.79 per share, payable in cash on June 30, 2015 to stockholders of record on June 5, 2015. The dividend is the second quarterly installment of the Company’s 2015 annual dividend.
Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The firm primarily invests in healthcare-related facilities counting hospitals, skilled nursing facilities, senior housing facilities, medical office buildings, and other healthcare related facilities.
At the end of Friday’s trade, QLogic Corporation (NASDAQ:QLGC)‘s shares dipped -1.97% to $14.93.
QLogic Corporation (QLGC) declared its partnershipwith Lenovo on the opening of its Beijing Enterprise Briefing Center, a space that offers comprehensive access to Lenovo’s portfolio of enterprise products, innovations and services. As the leading I/O provider for the center, QLogic is able to demonstrate to Lenovo’s key customers how its Ethernet and Fibre Channel connectivity solutions enrich Lenovo’s server and storage offerings with robust features and exceptional performance.
Having partnered on the inaugural Research Triangle Park Enterprise Briefing Center, which opened in April of 2015, the latest partnershipbetween QLogic and Lenovo represents a continued commitment to providing true enterprise-class storage and server performance to growing IT markets in China and around the globe. Lenovo Flex System compute nodes support QLogic(R) 10Gb Ethernet technology and Lenovo’s server portfolio incorporates QLogic’s award-winning 16Gb Gen 5 Fibre Channel adapters.
QLogic Corporation designs and supplies high performance server and storage networking infrastructure products that provide, enhance, and manage computer data communication. Its products facilitate the transfer of data and enable resource sharing between servers, networks, and storage.
Northern Trust Corporation (NASDAQ:NTRS), ended its Friday’s trading session with 0.12% gain, and closed at $77.59.
Northern Trust Corporation (NTRS) has been selected to provide investment operations outsourcing services to RPMI Railpen, the in-house asset manager for the GB£21 billion (about US$32 billion) Railways Pension Scheme and a top 10 pension fund in the UK.
Under the terms of the agreement Northern Trust will provide trade matching, derivative processing and lifecycle administration, active collateral administration and book of record services.
Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset administration, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Administration.
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