Corporate Finance

• Oil giant ConocoPhillips to split into 2 companies
  AP (July 14, 2011)
  NEW YORK (AP) - ConocoPhillips, the nation's third-largest oil company, said Thursday it will split into two companies: one that produces oil and another that refines it into gasoline and other fuels.
   
  
• Oiltanking shares rise after IPO prices high
  AP (July 14, 2011)
  NEW YORK (AP) - Shares of Oiltanking Partners are rising in their market debut after the petroleum storage company priced common units in its IPO above expectations.
   
  
• Energy Transfer in new $5.1B Southern Union deal
  AP (July 05, 2011)
  DALLAS (AP) - Energy Transfer Equity LP has agreed to pay a revised $5.1 billion for pipeline company Southern Union Co., increasing its offer in an effort to trump rival bidder Williams Cos. Inc.
   
  
• Best Buy OK's $5B buyback, raises dividend 7 pct
  AP (June 21, 2011)
  MINNEAPOLIS (AP) - Best Buy Co. said Tuesday that it will buy back $5 billion of its common stock and raise its quarterly dividend by 7 percent.