Some news this morning on Magellan Midstream Partners. They released earnings last night at 9:05pm (someone was working late). This morning they announced they are reducing the number of shares in the upcoming ipo of the General Partner but the offering price is set higher.
More breaking news on distributions. Plains All American is raising there payout by 2% quarter to quarter...Crosstex LP ups there by a couple of pennies but the common sharesholders (XTXI) get a big boost!
No other news this morning so far...overall market tone looks firm.
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- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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2 comments:
chart breakout when it went over 70...should make the 80s soon.
What's happening with XTEX???
Down on the news.
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