Monday, April 10, 2006
Good Monday Morning.
And what a way to begin a Monday Morning than with what look like specatualar earnings numbers from Energy Transfer Partners as they blow away 1.00 concensus estimates by posting record numbers. The stock has been outperforming the entire group lately and now we know why. And read factoids post on the yahoo message board from Saturday! Should also be a boost for Energy Transfer Equity. There is a pre-opening bid above Friday's close but it is early.
AG Edwads is coming to the rescue of Valero LP as it reinterates a buy and a target price of 56 bucks....lowered from 66 bucks. Note: Dear ED, An upgrade to strong buy would have been more effective...considering the stock is down from 61 to 49 while you had a buy on it.
Oil is up this morning on Iran and nukes...etc etc etc...But i think its all about the 10 year again as we head for the 5 handle.
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