Company News for July 12, 2016

• Kinder Morgan, Inc's KMI shares increased 3.7% on news that the company will sell 50% stake of its Southern Natural Gas pipeline to Southern Company SO for $1.47 billion   
 

• Shares of Sagent Pharmaceuticals, Inc. SGNT jumped 39.7% following news that the company has agreed to be acquired by Nichi-Iko Pharmaceutical for $21.75 per share or $736 million 
 

• Boeing Company's BA shares advanced 1.5% after announcing a deal with the U.K. government that involves purchase and delivery of 9 P8 maritime patrol aircraft and 50 Apache AH-64E attack helicopters
 

• Shares of Bank of the Ozarks, Inc. OZRK rose 6.6% after posting fiscal second quarter diluted earnings of $0.60 per share, beating the Zacks Consensus Estimate by a couple of cents