HOUSTON - Petroleum pipeline operator Plains All American Pipeline L.P. said Monday it raised its regular quarterly cash distribution to 88.75 cents per limited partner unit.
| PAA | 31.76 |
The distribution will be payable Aug. 14 to holders of record at the close of business on Aug. 4.
The company paid out a distribution of 86.5 cents in May.
Plains All American plans to raise its 2008 distribution by 25 cents to 30 cents per unit this year, an increase of 7.4 to nearly 9 percent over the company's November 2007 distribution.
Major U.S. stock indexes slumped further south midday Monday, further extending this morning's hefty losses which erased last week's f...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
African Eagle Resources has raised its stake in the Mokambo joint venture to 87% and says 2008 drill results were "promising".


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