Energy Sector Roundup: Fed Cut Bumps Oil (AP)
Following is a summary of top stories in the energy sector Tuesday afternoon. Fed Cuts Rates, Boosts Oil Oil prices headed higher after the Federal Reserve cut interest rates three-quarters of a percentage point and a rally on Wall Street raised energy investors' hopes for the economy.
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Buckeye Partners, L.P. to Offer Limited Partnership Units (PR Newswire)
Buckeye Partners, L.P. today announced that it plans to offer 2,300,000 limited partnership units in a registered offering. The underwriters have been granted an option to purchase up to 345,000 limited partnership units to cover over-allotments, if any.
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MGIC Announces Plans to Sell Convertible Debentures in a Private Placement (PR Newswire)
MGIC Investment Corporation has announced that it intends, subject to market and other conditions, to commence a private placement of $325 million of convertible junior subordinated debentures due 2063 by means of a private placement to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended.
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MGIC Announces Plans to Sell Common Shares in a Public Offering (PR Newswire)
MGIC Investment Corporation has announced that it intends, subject to market and other conditions, to initiate a public offering of approximately $350 million of its common shares, plus up to approximately $53 million of additional common shares that are subject to a 30-day option granted to the underwriters of the offering.
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LifeWatch Cancels Proposed IPO (AP)
LifeWatch Corp., which makes remote heart monitoring devices, has canceled its proposed initial public offering, according to a Securities and Exchange Commission filing on Friday.
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SolarWinds Plans Initial Public Offering (AP)
Software company SolarWinds Inc. said Friday it plans an initial public offering of its common stock but did not disclose any terms in its filing with the Securities and Exchange Commission.
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Hot Stocks of the Week: BSC LEH V CIT (AP)
Even in a shortened holiday trading week, financial news played a major role in shaping stories for some of the period's most widely traded stocks.
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