Williams Partners (WPZ) announced after the close Monday that it intends to commence an underwritten public offering of 10,000,000 common units. The company will concurrently sell 3,000,000 of its common units to Williams (WMB) in a private placement.
Williams Partners gapped open sharply lower Tuesday, but was range-bound throughout the session. The stock finished down by 1.69 at $48.86 on the highest volume of the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.