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Sunday 19 July 2015
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Latest Update

Pre-Market Stocks Roundup: BreitBurn Energy Partners L.P. (NASDAQ:BBEP), Amazon.com, (NASDAQ:AMZN), Suncor Energy (NYSE:SU)

On Thursday, BreitBurn Energy Partners L.P. (NASDAQ:BBEP)’s shares declined -6.38% to $3.67.

Breitburn Energy Partners LP (BBEP) will hold a conference call on Thursday, August 6, 2015, at 9:00 am (PDT) following the release of its second quarter financial results.

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.

Amazon.com, Inc. (NASDAQ:AMZN)’s shares gained 3.10% to $475.48.

Amazon declared it sold more units on Prime Day than the biggest Black Friday ever and had more new members try Prime worldwide than any single day in Amazon history. Customers ordered 34.4 million items across Prime-eligible countries, breaking all Black Friday records with 398 items ordered per second. Prime Day was also a great savings day – members globally saved millions on deals. Customers ordered hundreds of thousands of Amazon devices – making it the largest device sales day ever worldwide.

Prime Day highlights from the US:

  • Members ordered tens of thousands of Fire TV Sticks in one hour, making it the fastest-selling deal on an Amazon device ever.
  • Fire tablet sales on Amazon exceeded sales on Black Friday last year.
  • Members ordered thousands of e-readers and thousands of Echos in just 15 minutes.
  • 56,000 Lord of the Rings: The Motion Picture Trilogy sets.
  • 47,000 Televisions sold, which was 1300% year-over-year growth.
  • 51,000 Bose Headphones, contrast to 8 the previous Wednesday.
  • 28,000 Rubbermaid 42-Piece Easy Find Lid Food Storage Sets, contrast to 428 the previous Wednesday.
  • 24,000 Instant Pot 7-in-1 Programmable Pressure Cookers, contrast to 182 the previous Wednesday.
  • 14,000 iRobot Roomba 595 Pet Vacuum Cleaning Robots, contrast to 1 the previous Wednesday.

Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers .

At the end of Thursday’s trade, Suncor Energy Inc. (USA) (NYSE:SU)‘s shares dipped -0.15% to $27.16.

Suncor Energy Inc. (USA) (SU) declared that it has reached a contract with TransAlta Corporation to exchange Suncor’s Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta’s Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor’s Oil Sands Base site in Fort McMurray Alberta.

As part of the agreement, Suncor will acquire two steam turbine generators, transmission and distribution infrastructure, counting the interconnection to the Alberta power grid, and the balance of plant assets at the 376 megawatt (MW) Poplar Creek cogeneration facility. Additionally, under a contract with TransAlta until 2030, Suncor will assume operating control of two gas turbine generators and heat recovery steam generators at Poplar Creek. Following 2030, ownership of the gas turbine generators and heat recovery steam generators will transfer to Suncor.

Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products. It operates in Oil Sands; Exploration and Production; Refining and Marketing; and Corporate, Energy Trading, and Eliminations segments.

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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.

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