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$SO and $KMI said that both companies announced a natural gas pipeline venture designed to advance their leadership in energy infrastructure development through $SO's acquisition of a 50% equity interest in the Southern Natural Gas (SNG) pipeline system. $KMI said it will continue to operate the system.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.