A couple of developements this morning. Atlas America (ATLS) is up 6 dollars this morning as they play to form a new company with its nat gas properties and then ipo at minority interest. I thought this was old news but apparently the market forgot about it. In the upgrade downgrade department Harris Nesbitt ups Northern Borders Partners to neutral from underperform.

Plains All American is down 86 cents. Otherwise MLPS are trading between -25 cents and + 25 cents. Just a non event kind of day so far.