|Bid||41.45 x 1300|
|Ask||41.46 x 4000|
|Day's Range||41.45 - 41.49|
|52 Week Range||25.71 - 42.65|
|Beta (3Y Monthly)||0.31|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||3.00 (7.24%)|
|1y Target Est||40.94|
NEW YORK, July 8, 2019 /PRNewswire/ -- WeissLaw LLP announced that it has filed a class action in the United States District Court for the Southern District of New York, on behalf of unitholders of Buckeye Partners, L.P. ("Buckeye") (BPL) in connection with the proposed acquisition of Buckeye by IFM Investors Pty Ltd ("IFM Investors") (the "Proposed Transaction"). The class action seeks to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") on behalf of all persons or entities that purchased or otherwise acquired units of Buckeye as of May 10, 2019 and continue to hold units of Buckeye (the "Class Period").
NEW YORK, July 8, 2019 /PRNewswire/ -- Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No. 1:19-cv-01208-LPS, on behalf of unitholders of Buckeye Partners, L.P. ("Buckeye" or the "Company") (BPL) who have been harmed by Buckeye's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with IFM Global Infrastructure Fund (the "Proposed Transaction").
The top executive could take home $2.05 million in cash and benefits, along with nearly $17 million in accelerated equity, thanks to IFM Investors' acquisition of Buckeye.
Buckeye Partners L.P. (BPL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
By Stephanie Kelly NEW YORK, June 6 (Reuters) - Major airline companies have complained to U.S. regulators about fees to ship jet fuel on Buckeye Pipe Line Company's refined products line to New York City area airports, saying they have each overpaid between $900,000 and $1.7 million. American Aviation Supply LLC, Delta Air Lines Inc, JetBlue Airways Corp and United Airlines called Buckeye's rates "unjust and unreasonable," according to a complaint to the Federal Energy Regulatory Commission dated on Wednesday. The company in 2018 over-recovered its cost of service by about 16.6%, the complaint added. Each complainant overpaid between $0.9 million and $1.7 million from May 1, 2017 to April 30, 2019, the complaint said.
NEW YORK , May 30, 2019 /PRNewswire/ -- Amber Road, Inc. (AMBR) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the proposed sale of Amber Road to ...
“As a private company, we will have access to the resources and long-term commitment needed to better pursue new capital investment in existing assets and targeted acquisition opportunities as our sector continues to evolve, including further geographic and product diversification,” the CEO said of the deal.
NEW YORK , May 15, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Buckeye Partners, L.P. ("Buckeye ...
NEW YORK , May 15, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
Moody's Investors Service ("Moody's") placed Buckeye Partners, L.P.'s (Buckeye) Baa3 senior unsecured rating and Ba1 junior subordinated notes rating on review for downgrade. "The review for downgrade will evaluate the possibility that Buckeye's leverage will increase and the financial policy become less conservative once the going private transaction closes, among other considerations" said Arvinder Saluja, Moody's Vice-President.
BALA CYNWYD, PA / ACCESSWIRE / May 10, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Buckeye Partners, L.P. ("Buckeye" ...
Master limited partnerships and energy infrastructure sector-related exchange traded funds stood out Friday after Australian-based IFM Investors agreed to buyout Buckeye Partners (NYSE: BPL) for $6.5 billion. ...
Buckeye Partners (NYSE:BPL) announced that the company is being bought out by IFM Investors, which played a role in BPL stock skyrocketing more than 25% on Friday.The Houston, Texas-based business said today that it will be acquired in an all-cash deal that has an enterprise value of $10.3 billion, as well as equity value of $6.5 billion. The move will see IFM pay Buckeye roughly $41.50 per the latter's unit, which amounts to about a 27.5% premium over Buckeye's closing unit price on May 9.This amount also tallied up to roughly a 31.9% premium over its volume-weighted average unit price since Nov. 1, which is the last trading that transpired before Buckeye said it was weighing strategic options. Buckeye's portfolio includes a network of integrated midstream assets.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis network has 6,000 miles of pipeline that includes over 100 delivery locations, as well as 115 liquid petroleum products terminals with aggregate tank capacity that surpasses the mark of 118 million barrels. The company's network of marine terminals can be mostly found in the East Coast, as well as the Gulf Coast regions and the Caribbean.Buckeye has close to 2,000 employees located around the U.S. and it has a number of subsidiaries across the nation.BPL stock is up roughly 28.1% on Friday following the news, bringing the stock price of the company to $41.70 per share. Nevertheless, shares are down roughly 22% throughout the last 12 months through Thursday. More From InvestorPlace * 10 Great Stocks to Buy on Dips * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Cloud Stocks to Buy on Overcast Days Compare Brokers The post Buckeye Partners News: BPL Stock Skyrockets on Buyout appeared first on InvestorPlace.
NEW YORK, May 10, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Buckeye Partners, L.P. (NYSE: BPL) on behalf of.
WILMINGTON, Del., May 10, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: EMC Insurance Group, Inc. (NASDAQ GS: EMCI) regarding possible breaches of.