The big news in the master limited partnership (MLP) world last week was the announcement by Boardwalk Pipeline Partners LP (NYSE:BWP) that it was cutting its quarterly distribution by 80%. Boardwalk Pipeline Partners, LP (NYSE:BWP) stock opened at $13.46 in last session, and closed at $13.38, while the day range of BWP stock is $13.22 – $13.49. The stock showed a negative weekly performance of -44.46%.
After two years as CEO and 15 years with Fairway Group Holdings Corp. (NASDAQ:FWM), parent company of Fairway Market, Herbert Ruetsch is stepping down. William Sanford, president of Fairway, will act as interim CEO while the company searches for a new CEO. Fairway Group Holdings Corp (NASDAQ:FWM) stock opened at $7.46 in last session and closed at $7.36, by losing -2.00%. The 52 week range of FWM is $7.30 – $28.87. Company’s market capitalization is $317.37million.
Insperity Inc (NYSE:NSP) was downgraded by investment analysts at Roth Capital from a “buy” rating to a “neutral” rating in a note issued to investors. Insperity Inc (NYSE:NSP) stock advanced 1.44% and finished the last session at $27.40. The EPS of the stock remained 1.25. Company’s market capitalization is $698.84million.
The Trustees of Great Northern Iron Ore Properties (NYSE:GNI) issued a press release announcing the 2013 annual and fourth quarter financial results, with comparative information to 2012. The full text of the press release is set forth in Exhibit 99.1 attached hereto and is incorporated into this Current Report as if fully set forth herein. Great Northern Iron Ore Properties (NYSE:GNI) stock opened the session at $20.57, and closed the session at $20.68. The 52 week range of the GNI stock remained $20.55 – $82.00 and the day range was $20.56 – $20.78.