Regency Partners Buys TexStar...MLP's Flat Start

We actually have some corporate developements this morning that should finally allow a long standing prediction to come true. Regency Partners (RGNC) is buying TexStar Field services in an immediately accretive aquisition that will add to the distribution. This should be the catylist break this stock out of the base it has been in for the last 2 months between 21.50 and 23 dollars...should propel it a point or 2 today hopefully.

Not much action elsewhere although big energy is up this morning as crude continues to rise above 75 dollars. 10 year flat at 5.09...overall market a mess this morning on the futures side...MLPS could be a flight to quailtiy and yield if it gets messy. No upgrades or downgrades to speak of.

1 Comments:

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posted by eahrwovq sgrcmzo @ 01/18/2007 08:39AM

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