Wells Fargo & Company (WFC) 51.57 $WFC
Insight Report: Best Practices in Marketing Retail Banking Products
M2 - 1 hr 26 mins ago
Research and Markets (http://www.researchandmarkets.com/research/wbk774/insight_report) has announced the addition of the "Insight Report: Best Practices in Marketing Retail Banking Products" report to their offering. The global banking industry is changing the way it markets products and services, with banks in both developed and emerging economies adopting customer segmentation strategies to distinguish their products from those of their competitors. These strategies have increased banks' client bases, and the number of potential customers. To capitalize on this, banks have expanded their product portfolios, adopted pricing strategies, and expanded into new regions. Banks are also focusing on the technological aspects of offering their products, and are using analytics to understand consumers' purchasing behaviors and preferences to offer personalized products and an improved customer experience. Promotional campaigns through traditional channels such television, radio, print media and telemarketing have been among key initiatives taken by banks to increase brand awareness. The proliferation of video and mobile technology has also enabled banks to market their products and services online, and through mobile channels and social media. As internet access and smartphone adoption increase, so does consumer demand for convenient banking services through these channels. Banks are therefore developing processes and employing new channels to respond to web-based consumers, create brand awareness, promote new products and services, identify customer needs, and elicit feedback. Banks in both developed and emerging economies are increasingly using analytical tools to analyze consumer-purchasing behaviors, and identify and phase out ineffective pricing structures or reward programs. a number of banks in developed and emerging economies, including Citibank, JP Morgan Chase, Bank of America, Barclays and ICICI Bank, have used analytical tools to analyze high volumes of purchasing data, enabling them to segment and target customers with specific products and services based on customers' income levels, demographic and psychographic profiles, and banking relationships. In order to deliver cost-effective services to different customers, organizations need well-defined and executed segmentation plans. Scope - This report highlights the key operational and technological trends arising in the global retail banking industry due to rising competition and changing consumer behavior. - The report gives an insight into marketing strategies adopted by banks in countries such as the US, Canada, the UK, Germany, Australia, South Korea, Brazil, Russia, India and China. - The report outlines the various factors affecting consumer's choices of retail banking products in developed and emerging economies. - The report also discusses the key drivers, issues and challenges faced by the retail banks while implementing product, pricing and marketing strategies in these economies. - The report outlines the various channels that banks use to launch marketing campaigns, promote products and services, and communicate with customers. Key Topics Covered: 1 Executive Summary 2 Retail Banking Market Dynamics 3 Marketing Strategies in Developed Economies 4 Marketing Strategies in Emerging Economies 5 Best Practices in Retail Banking Marketing 6 Appendix Companies Mentioned - Wells Fargo - JP Morgan Chase - Bank of America - Westpac - Commonwealth Bank of Australia - HSBC - Citibank - Lloyds Bank - Scotiabank - Royal Bank of Canada - Shinhan Card - Barclays - NatWest Bank - Deutsche Bank - Russian Standard Bank - Axis Bank - China Merchants Bank - ICICI Bank - Nedbank - Sberbank of Russia - Bradesco Brazil For more information visit http://www.researchandmarkets.com/research/wb...ght_report
Market Maker Surveillance Report. BAC, GE, MRVL, USB, WFC, GCVRZ, Bullishly Biased Price Friction For Thursday, September 4th 2014
M2 - 2 hrs 40 mins ago
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Thursday there were 4751 companies with "abnormal" market making, 1909 companies with positive Friction Factors and 3133 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. BANK OF AMERICA CORPORATION (NYSE:BAC), General Electric Co (NYSE:GE), Marvell Technology Group Ltd (NASDAQ:MRVL), U.S. Bancorp (NYSE:USB), WELLS FARGO & COMPANY (NYSE:WFC), Sanofi SA (NASDAQ:GCVRZ). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
James Taylor Tickets for Concerts in Louisville, St Paul, Des Moines, Milwaukee and New Orleans Go on Sale at Venues and JamesTaylorSchedule.com
PRWeb - Fri Sep 05, 2:11AM CDT
James Taylor concerts release tickets today for shows in Louisville, St Paul, Des Moines, Milwaukee and New Orleans. These performances start on November first beginning with a Saturday evening show at the Wells Fargo Arena in Des Moines, IA. The Xcel Energy Center in Saint Paul, MN hosts a show the following evening both shows begin at 8pm. These performances are followed by concerts in Milwaukee, WI, Moline, IL, Louisville, KY, Nashville, TN, New Orleans, LA, as well as Tampa and Sunrise, FL.
LINN Energy Announces Pricing of $1.1 Billion of Senior Notes
GlobeNewswire - Thu Sep 04, 4:58PM CDT
LINN Energy, LLC (Nasdaq:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced today that they have priced an offering of $450 million in aggregate principal amount of 6.500% senior unsecured notes due 2019 at an offering price equal to 102.000% of par, plus accrued interest from May 15, 2014, and an offering of $650 million in aggregate principal amount of 6.500% senior unsecured notes due 2021 at an offering price equal to 98.619% of par. The 6.500% senior notes due 2019 are being offered as additional notes under an indenture pursuant to which Linn Energy, LLC and Linn Energy Finance Corp. issued $750 million aggregate principal amount of 6.500% senior notes due 2019 on May 13, 2011. These additional 6.500% senior notes due 2019 are substantially identical to, and will be treated as a single class of debt securities with, such previously issued 6.500% senior notes due 2019 under the indenture governing such notes. The offering of both series of senior notes is expected to close on September 9, 2014, subject to customary closing conditions. Net proceeds from the offering are expected to be used to repay indebtedness outstanding under Linn Energy, LLC's bridge loan agreement, with the balance of such proceeds used to repay indebtedness outstanding under Linn Energy, LLC's credit facility.
Final Glance: Banks companies
AP - Thu Sep 04, 4:57PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
Toyota Financial Services, ChildFund International and Theorem Clinical Research Named Pinnacle Award Finalists for Treasury and Finance Excellence
PR Newswire - Thu Sep 04, 4:17PM CDT
Toyota Financial Services, ChildFund International and Theorem Clinical Research are finalists for the Association for Financial Professionals (AFP) 2014 Pinnacle Award. Sponsored by Wells Fargo & Company (NYSE:WFC), the Pinnacle Awards recognize excellence in treasury and finance each year since 1997.
Canyon Midstream Secures $50 Million Credit Facility
PR Newswire - Thu Sep 04, 2:29PM CDT
Canyon Midstream Partners, LLC ("Canyon"
announced today that it has secured a four-year, $50 million credit facility, which can be expanded to $100 million. Proceeds from the credit facility will fund Canyon's expansion plans in the Permian Basin, the Eaglebine play in East Texas and the Tuscaloosa Marine Shale.
Why PVH (PVH) Stock Continues to Climb Today
at The Street - Thu Sep 04, 1:05PM CDT
Shares of PVH (PVH) continue to soar as Wells Fargo (WFC) raised its price target on the apparel company following its strong second quarter earnings.
Georgia Educator Named First $250,000 Winner of Wells Fargo's "What Makes a Home" Contest
Business Wire - Thu Sep 04, 12:59PM CDT
David Meeks of Forsyth, Georgia submitted a photo capturing the excitement of his little boy's reaction to seeing his own room for the first time in the family's new home. The photo and accompanying story resulted in him becoming the first $250,000 winner in the Wells Fargo (NYSE: WFC) "What Makes a Home" contest. David and Melissa Meeks said the contest win will enable them to pay off their mortgage.
Midday Glance: Banks companies
AP - Thu Sep 04, 12:16PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
Banks Face New Liquidity Rule: Lending to Feel Pain? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 11:13AM CDT
Adding to the already stringent capital regulations, the U.S. banks now face another rule, which may hamper their lending activities to some extent.
LINN Energy Announces $1.0 Billion Senior Notes Offering
GlobeNewswire - Thu Sep 04, 9:34AM CDT
LINN Energy, LLC (Nasdaq:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced today that it intends, subject to market conditions, to commence an underwritten public offering of $1.0 billion of senior notes, consisting of 6.500% senior unsecured notes due 2019 and senior unsecured notes due 2021. The 6.500% senior notes due 2019 are expected to be issued as additional notes under an indenture pursuant to which Linn Energy, LLC and Linn Energy Finance Corp. issued $750 million aggregate principal amount of 6.500% senior notes due 2019 on May 13, 2011. The additional 6.500% senior notes due 2019 are expected to be substantially identical to, and be treated as a single class of debt securities with, those previously issued 6.500% senior notes due 2019 under the indenture governing such notes. Net proceeds from the offering as well as cash on hand are expected to be used to repay indebtedness outstanding under Linn Energy, LLC's bridge loan agreement.
CIP Real Estate Completes More Than $27.7 Million in Leases at Ontario's Empire Towers in Six Months
Marketwire - Thu Sep 04, 9:30AM CDT
CIP Real Estate, an Irvine, California-based real estate investment and management company, has completed leases totaling more than $27.7 million at Empire Towers, the premier office park in the Ontario Airport office market, in the first half of 2014. The tenant roster for the approximately 232,000 square feet of lease transactions consists of a "who's who" of major corporate players in the Inland Empire, including Wells Fargo Bank, Merrill Lynch, CBRE, Windsor Foods, National General Insurance, First American Title and Liberty Mutual.
Early Glance: Banks companies
AP - Thu Sep 04, 9:27AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Gremln Selected to Present at the Finovate Financial Conference - Joined on Stage by Wells Fargo
PRWeb - Thu Sep 04, 8:45AM CDT
Gremln has the distinguishing honor to make a second on-stage appearance at Finovate. The financial technology conference is in New York City on September 23rd and 24th. Gremln will be accompanied on stage by Joe Nadreau, Managing Director Innovation and New Business Strategy, at Wells Fargo Advisors.
The 5 Most Efficient Bank Stocks
John Maxfield, The Motley Fool - Motley Fool - Thu Sep 04, 8:45AM CDT
There are an endless number of metrics one can use to pick a bank stock. But none is more important than the efficiency ratio . Calculated by dividing operating expenses by net revenue, this ratio tells you how much it costs to produce each dollar...
Scheduled Earning Releases, New Partnership, Upcoming Conferences, Philanthropic Efforts, and Technical Update - Research Reports on Bank of America, JPMorgan, Citigroup, Wells Fargo and PNC
PR Newswire - Thu Sep 04, 7:30AM CDT
Today, Analysts Review released its research reports regarding Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC) and PNC Financial Services Group Inc. (NYSE: PNC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6209-100free.
AutoZone to Acquire Parts Distributor Interamerican Motor - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 6:10PM CDT
AutoZone, Inc. (AZO) announced the signing of an agreement to acquire Interamerican Motor Corporation from Wulf Gaertner Autoparts AG.
Buckeye Partners, L.P. Upsizes and Prices Offering of Limited Partnership Units
GlobeNewswire - Wed Sep 03, 4:39PM CDT
Buckeye Partners, L.P. ("Buckeye" (NYSE:BPL) announced today that it has priced a public offering of 6,750,000 limited partnership units representing limited partner interests ("LP Units" pursuant to an effective shelf registration statement at $80.00 per LP Unit. The offering was upsized from the previously announced public offering of 5,500,000 LP Units. The underwriters have been granted an option to purchase up to 1,012,500 additional LP Units. Buckeye intends to use the net proceeds from this offering to fund a portion of the purchase price of the previously announced transaction with Trafigura Corpus Christi Holdings Inc. (the "Trafigura Transaction" and for general partnership purposes.
Insight Report: Best Practices in Marketing Retail Banking Products
M2 - 1 hr 26 mins ago
Research and Markets (http://www.researchandmarkets.com/research/wbk774/insight_report) has announced the addition of the "Insight Report: Best Practices in Marketing Retail Banking Products" report to their offering. The global banking industry is changing the way it markets products and services, with banks in both developed and emerging economies adopting customer segmentation strategies to distinguish their products from those of their competitors. These strategies have increased banks' client bases, and the number of potential customers. To capitalize on this, banks have expanded their product portfolios, adopted pricing strategies, and expanded into new regions. Banks are also focusing on the technological aspects of offering their products, and are using analytics to understand consumers' purchasing behaviors and preferences to offer personalized products and an improved customer experience. Promotional campaigns through traditional channels such television, radio, print media and telemarketing have been among key initiatives taken by banks to increase brand awareness. The proliferation of video and mobile technology has also enabled banks to market their products and services online, and through mobile channels and social media. As internet access and smartphone adoption increase, so does consumer demand for convenient banking services through these channels. Banks are therefore developing processes and employing new channels to respond to web-based consumers, create brand awareness, promote new products and services, identify customer needs, and elicit feedback. Banks in both developed and emerging economies are increasingly using analytical tools to analyze consumer-purchasing behaviors, and identify and phase out ineffective pricing structures or reward programs. a number of banks in developed and emerging economies, including Citibank, JP Morgan Chase, Bank of America, Barclays and ICICI Bank, have used analytical tools to analyze high volumes of purchasing data, enabling them to segment and target customers with specific products and services based on customers' income levels, demographic and psychographic profiles, and banking relationships. In order to deliver cost-effective services to different customers, organizations need well-defined and executed segmentation plans. Scope - This report highlights the key operational and technological trends arising in the global retail banking industry due to rising competition and changing consumer behavior. - The report gives an insight into marketing strategies adopted by banks in countries such as the US, Canada, the UK, Germany, Australia, South Korea, Brazil, Russia, India and China. - The report outlines the various factors affecting consumer's choices of retail banking products in developed and emerging economies. - The report also discusses the key drivers, issues and challenges faced by the retail banks while implementing product, pricing and marketing strategies in these economies. - The report outlines the various channels that banks use to launch marketing campaigns, promote products and services, and communicate with customers. Key Topics Covered: 1 Executive Summary 2 Retail Banking Market Dynamics 3 Marketing Strategies in Developed Economies 4 Marketing Strategies in Emerging Economies 5 Best Practices in Retail Banking Marketing 6 Appendix Companies Mentioned - Wells Fargo - JP Morgan Chase - Bank of America - Westpac - Commonwealth Bank of Australia - HSBC - Citibank - Lloyds Bank - Scotiabank - Royal Bank of Canada - Shinhan Card - Barclays - NatWest Bank - Deutsche Bank - Russian Standard Bank - Axis Bank - China Merchants Bank - ICICI Bank - Nedbank - Sberbank of Russia - Bradesco Brazil For more information visit http://www.researchandmarkets.com/research/wb...ght_report
Market Maker Surveillance Report. BAC, GE, MRVL, USB, WFC, GCVRZ, Bullishly Biased Price Friction For Thursday, September 4th 2014
M2 - 2 hrs 40 mins ago
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Thursday there were 4751 companies with "abnormal" market making, 1909 companies with positive Friction Factors and 3133 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. BANK OF AMERICA CORPORATION (NYSE:BAC), General Electric Co (NYSE:GE), Marvell Technology Group Ltd (NASDAQ:MRVL), U.S. Bancorp (NYSE:USB), WELLS FARGO & COMPANY (NYSE:WFC), Sanofi SA (NASDAQ:GCVRZ). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
James Taylor Tickets for Concerts in Louisville, St Paul, Des Moines, Milwaukee and New Orleans Go on Sale at Venues and JamesTaylorSchedule.com
PRWeb - Fri Sep 05, 2:11AM CDT
James Taylor concerts release tickets today for shows in Louisville, St Paul, Des Moines, Milwaukee and New Orleans. These performances start on November first beginning with a Saturday evening show at the Wells Fargo Arena in Des Moines, IA. The Xcel Energy Center in Saint Paul, MN hosts a show the following evening both shows begin at 8pm. These performances are followed by concerts in Milwaukee, WI, Moline, IL, Louisville, KY, Nashville, TN, New Orleans, LA, as well as Tampa and Sunrise, FL.
LINN Energy Announces Pricing of $1.1 Billion of Senior Notes
GlobeNewswire - Thu Sep 04, 4:58PM CDT
LINN Energy, LLC (Nasdaq:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced today that they have priced an offering of $450 million in aggregate principal amount of 6.500% senior unsecured notes due 2019 at an offering price equal to 102.000% of par, plus accrued interest from May 15, 2014, and an offering of $650 million in aggregate principal amount of 6.500% senior unsecured notes due 2021 at an offering price equal to 98.619% of par. The 6.500% senior notes due 2019 are being offered as additional notes under an indenture pursuant to which Linn Energy, LLC and Linn Energy Finance Corp. issued $750 million aggregate principal amount of 6.500% senior notes due 2019 on May 13, 2011. These additional 6.500% senior notes due 2019 are substantially identical to, and will be treated as a single class of debt securities with, such previously issued 6.500% senior notes due 2019 under the indenture governing such notes. The offering of both series of senior notes is expected to close on September 9, 2014, subject to customary closing conditions. Net proceeds from the offering are expected to be used to repay indebtedness outstanding under Linn Energy, LLC's bridge loan agreement, with the balance of such proceeds used to repay indebtedness outstanding under Linn Energy, LLC's credit facility.
Final Glance: Banks companies
AP - Thu Sep 04, 4:57PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
Toyota Financial Services, ChildFund International and Theorem Clinical Research Named Pinnacle Award Finalists for Treasury and Finance Excellence
PR Newswire - Thu Sep 04, 4:17PM CDT
Toyota Financial Services, ChildFund International and Theorem Clinical Research are finalists for the Association for Financial Professionals (AFP) 2014 Pinnacle Award. Sponsored by Wells Fargo & Company (NYSE:WFC), the Pinnacle Awards recognize excellence in treasury and finance each year since 1997.
Canyon Midstream Secures $50 Million Credit Facility
PR Newswire - Thu Sep 04, 2:29PM CDT
Canyon Midstream Partners, LLC ("Canyon"
announced today that it has secured a four-year, $50 million credit facility, which can be expanded to $100 million. Proceeds from the credit facility will fund Canyon's expansion plans in the Permian Basin, the Eaglebine play in East Texas and the Tuscaloosa Marine Shale. Why PVH (PVH) Stock Continues to Climb Today
at The Street - Thu Sep 04, 1:05PM CDT
Shares of PVH (PVH) continue to soar as Wells Fargo (WFC) raised its price target on the apparel company following its strong second quarter earnings.
Georgia Educator Named First $250,000 Winner of Wells Fargo's "What Makes a Home" Contest
Business Wire - Thu Sep 04, 12:59PM CDT
David Meeks of Forsyth, Georgia submitted a photo capturing the excitement of his little boy's reaction to seeing his own room for the first time in the family's new home. The photo and accompanying story resulted in him becoming the first $250,000 winner in the Wells Fargo (NYSE: WFC) "What Makes a Home" contest. David and Melissa Meeks said the contest win will enable them to pay off their mortgage.
Midday Glance: Banks companies
AP - Thu Sep 04, 12:16PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
Banks Face New Liquidity Rule: Lending to Feel Pain? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 11:13AM CDT
Adding to the already stringent capital regulations, the U.S. banks now face another rule, which may hamper their lending activities to some extent.
LINN Energy Announces $1.0 Billion Senior Notes Offering
GlobeNewswire - Thu Sep 04, 9:34AM CDT
LINN Energy, LLC (Nasdaq:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced today that it intends, subject to market conditions, to commence an underwritten public offering of $1.0 billion of senior notes, consisting of 6.500% senior unsecured notes due 2019 and senior unsecured notes due 2021. The 6.500% senior notes due 2019 are expected to be issued as additional notes under an indenture pursuant to which Linn Energy, LLC and Linn Energy Finance Corp. issued $750 million aggregate principal amount of 6.500% senior notes due 2019 on May 13, 2011. The additional 6.500% senior notes due 2019 are expected to be substantially identical to, and be treated as a single class of debt securities with, those previously issued 6.500% senior notes due 2019 under the indenture governing such notes. Net proceeds from the offering as well as cash on hand are expected to be used to repay indebtedness outstanding under Linn Energy, LLC's bridge loan agreement.
CIP Real Estate Completes More Than $27.7 Million in Leases at Ontario's Empire Towers in Six Months
Marketwire - Thu Sep 04, 9:30AM CDT
CIP Real Estate, an Irvine, California-based real estate investment and management company, has completed leases totaling more than $27.7 million at Empire Towers, the premier office park in the Ontario Airport office market, in the first half of 2014. The tenant roster for the approximately 232,000 square feet of lease transactions consists of a "who's who" of major corporate players in the Inland Empire, including Wells Fargo Bank, Merrill Lynch, CBRE, Windsor Foods, National General Insurance, First American Title and Liberty Mutual.
Early Glance: Banks companies
AP - Thu Sep 04, 9:27AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Gremln Selected to Present at the Finovate Financial Conference - Joined on Stage by Wells Fargo
PRWeb - Thu Sep 04, 8:45AM CDT
Gremln has the distinguishing honor to make a second on-stage appearance at Finovate. The financial technology conference is in New York City on September 23rd and 24th. Gremln will be accompanied on stage by Joe Nadreau, Managing Director Innovation and New Business Strategy, at Wells Fargo Advisors.
The 5 Most Efficient Bank Stocks
John Maxfield, The Motley Fool - Motley Fool - Thu Sep 04, 8:45AM CDT
There are an endless number of metrics one can use to pick a bank stock. But none is more important than the efficiency ratio . Calculated by dividing operating expenses by net revenue, this ratio tells you how much it costs to produce each dollar...
Scheduled Earning Releases, New Partnership, Upcoming Conferences, Philanthropic Efforts, and Technical Update - Research Reports on Bank of America, JPMorgan, Citigroup, Wells Fargo and PNC
PR Newswire - Thu Sep 04, 7:30AM CDT
Today, Analysts Review released its research reports regarding Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC) and PNC Financial Services Group Inc. (NYSE: PNC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6209-100free.
AutoZone to Acquire Parts Distributor Interamerican Motor - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 6:10PM CDT
AutoZone, Inc. (AZO) announced the signing of an agreement to acquire Interamerican Motor Corporation from Wulf Gaertner Autoparts AG.
Buckeye Partners, L.P. Upsizes and Prices Offering of Limited Partnership Units
GlobeNewswire - Wed Sep 03, 4:39PM CDT
Buckeye Partners, L.P. ("Buckeye"
(NYSE:BPL) announced today that it has priced a public offering of 6,750,000 limited partnership units representing limited partner interests ("LP Units" pursuant to an effective shelf registration statement at $80.00 per LP Unit. The offering was upsized from the previously announced public offering of 5,500,000 LP Units. The underwriters have been granted an option to purchase up to 1,012,500 additional LP Units. Buckeye intends to use the net proceeds from this offering to fund a portion of the purchase price of the previously announced transaction with Trafigura Corpus Christi Holdings Inc. (the "Trafigura Transaction" and for general partnership purposes. 
