Markets

Enable Midstream Enters Transportation Agreement With OG&E, Extends Additional Contracts

Enable Midstream Partners, an oil and gas master limited partnership, said late Tuesday it has entered into a firm transportation service agreement with Oklahoma Gas and Electric for 228,000 dekatherm per day. The 20-year contract on the Enable Oklahoma intrastate transmission system is expected to begin in late 2018.The contractRead More

FuelCell Energy Acquires 1.4-MW Fuel Cell Plant in Connecticut

FuelCell Energy said Tuesday that it has acquired a 1.4-megawatt fuel cell power plant located at the Central Connecticut State University. The plant generates electricity in excess of 11 million kilowatt-hours annually and sells electricity to the university under a multi-year power purchase agreement. Terms of the transaction were notRead More

Financial Stocks Starting to Trim Small Declines

Financial stocks were trending lower Friday following nearly a week of outsized advances, with the NYSE Financial Sector Index slipping over 0.3% while financial companies in the S&P 500 Index were dropping about 0.2%. In company news, Mid-America Apartment Communities (MAA) rose Friday after the real estate investment trust lateRead More

European ADRs Edge Lower

American depository receipts of European stocks were 0.52% lower at 118.50 on the Bank of New York Mellon Europe ADR Index on Thursday morning. Decliners in Continental Europe were led by Aixtron (AIXG), a German provider of deposition equipment to the semiconductor industry, down by 3.5%, followed by Luxottica (LUX),Read More

Norwegian Cruise Line, Royal Caribbean Shares Rise on Approval to Begin Service to Cuba

Shares of Norwegian Cruise Line Holdings and Royal Caribbean Cruises were up Wednesday after the two companies received approval from the Cuban government to begin cruises to the once isolated island. Norwegian said it would begin service to Cuba in March under all three of its brands: Norwegian Cruise Line,Read More

Dollar Remains Directionless After Data

The dollar continues to struggle to find direction despite upbeat economic data. USD/JPY remains wedged in between 113.70 and 114.20, and EUR/USD between 1.0750 and 1.0725, with the dollar fractionally lower against the yen, but up 0.15% versus the euro. USD/CAD was inching higher in concert with profit-taking pressure onRead More