Late last week, Kinder Morgan Energy Partners LP (KMP) closed the previously announced acquisition of natural gas treating business from Dallas-based Crosstex Energy LP (XTEX) and its general partner Crosstex Energy Inc. (XTXI) for approximately $266 million.  As part of the transaction, Kinder Morgan purchased approximately 290 amine-treating and dew-point control plants from natural gas company Crosstex. These plants are primarily located in Texas and Louisiana , with additional facilities in Mississippi , Oklahoma , Arkansas and Kansas.  Kinder Morgan will use these natural gas treatment plants in servicing its Texas Intrastate customers and to other producers in various supply basins, including the fast growing shale plays. Following the deal, Kinder Morgan has become the largest provider of contracted natural gas treating services in the country.  The Crosstex asset acquisition will allow the partnership to expand its natural gas business through the inclusion ...

DrStockPick.com Stock Report!

Monday August 31, 2009

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Delcath Systems, Inc. (Nasdaq: DCTH), a medical technology company testing its proprietary treatment method for primary and metastatic cancers to the liver, announced that the U.S. Food & Drug Administration granted Delcath’s request for orphan drug designation for doxorubicin for the treatment of hepatocellular carcinoma (HCC), also known as primary liver cancer. Clinicians in the U.S. diagnose nearly 20,000 cases of HCC annually.

TAEJIN Technology, Co., Ltd., a supplier of linear and switching regulators to a wide variety of consumer and mobile applications, today announced it has selected Tower Semiconductor, Ltd. (NASDAQ: TSEM), a

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DrStockPick.com Stock Report!

Monday August 24, 2009

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Residents of the Tri-State area now have a new alternative to costly traditional wireless service plans. MetroPCS Communications, Inc. (NYSE: PCS), the nation’s leading provider of unlimited, flat-rate, no signed contract wireless communications service, announces the expansion of its New York City area service to include Long Island, North Central New Jersey, White Plains and New Rochelle, N.Y., Stamford and Bridgeport, Conn. This expansion includes two MetroPCS company-owned retail stores, 50 authorized dealer locations and fifteen Best Buy stores. MetroPCS’ expansion will bring 250 jobs to the area. For more information on MetroPCS and coverage areas, please go to www.metropcs.com.

Shiner International,

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