Updating Our Income Stocks Cedar Fair L.P, Buckeye Partners L.P. and The Stanley Works

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CEDAR FAIR L.P. $24 (New York symbol FUN) lost $0.08 a unit in 2007. However, that figure included a $1.00 a unit charge related to the restructuring of its Geauga Lake amusement park in Ohio. The company earned $1.59 a unit in 2006. Revenue grew 18.7%, to $987.0 million from $831.4 million. Cedar Fair has also increased its quarterly distribution 1.1%. The new annual rate of $1.92 yields 8.0%. Best Buy. BUCKEYE PARTNERS L.P. $49 (New York symbol BPL) is evaluating a plan to build a pipeline to transport ethanol from production facilities in the Midwest to major markets such as Pittsburgh, Philadelphia and New York. Demand for renewable fuels such as ethanol is growing fast, and this line could become a major cash flow generator. If it proceeds, Buckeye would build the new pipeline with rival Magellan Midstream Partners, L.P., which would cut the project’s risk. Best Buy. THE STANLEY WORKS $51 (New York symbol SWK) continues to enjoy the benefits…