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$WMB said Williams Partners expects to implement a Distribution Reinvestment Program. Company intends to reinvest about $1.7Bil into Williams Partners through 2017, funded by reduced quarterly dividends. $WMB and Williams Partners also have agreed to sell their Canadian businesses to Inter Pipeline Ltd. for combined proceeds of $1.35Bil CAD.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.