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Saturday 19 September 2015
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Latest Update

Stocks Roundup: Weingarten Realty Investors (NYSE:WRI), Oneok Partners LP (NYSE:OKS), Callon Petroleum Company (NYSE:CPE), BCE Inc. (USA) (NYSE:BCE)

On Wednesday, Weingarten Realty Investors (NYSE:WRI)’s shares inclined 0.94% to $32.08.

Weingarten Realty Investors (WRI) declared recently that Drew Alexander, President and Chief Executive Officer, will present at the Bank of America Merrill Lynch 2015 Global Real Estate Conference in New York, New York on Thursday, September 17th at 2:45 PM Eastern Time.

Weingarten Realty Investors is a publically owned equity real estate investment trust. The firm invests in the real estate markets of United States. The firm engages in ownership, administration, acquisition, development and redevelopment. It makes its investments in neighborhood and community shopping centers. Weingarten Realty Investors was formed in 1948, and is based in Houston, Texas.

Oneok Partners LP(NYSE:OKS)’s shares gained 2.97% to $32.57.

ONEOK, Inc. (OKE) declared that it has priced an offering to sell $500 million of 7.50 percent senior notes due 2023. The notes will be issued under ONEOK’s existing shelf registration statement formerly filed with the U.S. Securities and Exchange Commission.

The net proceeds, after deducting underwriting discounts and estimated expenses, are predictable to be about $487.1 million. ONEOK anticipates to use the proceeds and cash on hand to purchase additional common units from ONEOK Partners, L.P. (OKS) in a private placement. Funds managed by Kayne Anderson Capital Advisors, L.P. also will purchase $100 million of common units from ONEOK Partners conpresently with ONEOK’s purchase.

ONEOK is the parent company of ONEOK Partners GP, L.L.C. (General Partner), the sole general partner of ONEOK Partners. Following the common unit purchases, ONEOK’s and the General Partner’s aggregate ownership interest in ONEOK Partners will enhance to 41.2 percent from 36.8 percent.

ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in three segments: Natural Gas Gathering and Processing; Natural Gas Liquids; and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment gathers and processes natural gas produced from crude oil and natural gas wells located in the Mid-Continent region; and gathers and processes natural gas in the Williston Basin, which spans portions of Montana and North Dakota, and the Powder River Basin of Wyoming.

At the end of Wednesday’s trade, Callon Petroleum Company (NYSE:CPE)‘s shares surged 8.07% to $9.24.

Callon Petroleum Company (CPE) (“Callon” or the “Company”) recently declared that senior administration plans to take part in the forthcoming investor event:

Johnson Rice Energy Conference

The Company will present at the Energy Conference hosted by Johnson Rice & Company LLC in New Orleans, LA on Tuesday, September 29, 2015 at 11:00 am Central Time.

Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2014, its estimated net proved reserves totaled 32.8 million barrel of oil equivalent, counting 25.7 million barrels of oil and 42.5 billion cubic feet of natural gas.

BCE Inc. (USA) (NYSE:BCE), ended its Wednesday’s trading session with 1.34% gain, and closed at $40.87.

Swisscom has joined the Global M2M Association (GMA), a cooperation of seven international tier-one operators (Deutsche Telekom, Orange, TeliaSonera, Telecom Italia, Bell Canada, SoftBank, and most recently Swisscom) in the Machine-to-Machine (M2M) market . Established in 2011, the GMA enables its members to offer their customers business benefits such as a globally seamless customer experience and improved M2M roaming services. Furthermore, the GMA optimizes interoperability across borders through unified incident administration processes, harmonized modules testing and certification procedures. The association assumes responsibility for the harmonization of markets and ensures compliance which enables quicker and improved integration into customer machines and devices.

Alexander Lautz, Senior Vice President M2M at Deutsche Telekom and one of the founding members of the GMA, states: “The GMA demonstrates our intention to work together more closely in the interest of our customers and the M2M ecosystem. With Swisscom, we are gaining one of the M2M pioneers whose vision for the market complements well that of the GMA.” The addition of another tier one operator allows the GMA to further ensure that customers have the best footprint for a lean and effective interaction of global M2M services through integrated business processes and a single point of contact.

BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through Bell Wireless, Bell Wireline, and Bell Media segments. The company offers data, local, long distance, and other communications services under the Bell Home Phone brand; direct-to-home satellite TV services under the Bell TV name; Internet protocol (IP) TV services under the Bell Fibe TV brand; and competitive local exchange carrier (CLEC) services.
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