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$KMI received FERC authorization for the Elba Liquefaction Project. Construction is scheduled to begin on November 1, 2016. The company’s current project backlog is $13Bil. The projects in backlog are expected to generate an average capital-to-EBITDA multiple of approx. 6.5 times. $KMI added a little over $200MM of projects in 3Q16.
$DAL has good news for New York - Rio de Janiero fliers. Delta plans to start new daily non-stop service between JFK and GIG in Dec. 2017.
Wow!! $MU’s shares rising rapidly. I guess that’s because they beat their second quarter earnings estimates.
It’s not much surprising $FTR shares hit an all-time low as the decline was consistent since the beginning of the year.