Updating CEDAR FAIR L.P., GENERAL ELECTRIC CO., BUCKEYE PARTNERS L.P. and FRONTIER COMMUNICATIONS CORP.

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CEDAR FAIR L.P. $43 (www.cedarfair.com) reported that its revenue rose 1.1% in the three months ended June 30, 2013, to $361.6 million from $357.6 million a year earlier. Higher spending per guest at its amusement parks and adjacent hotels helped offset a 4.3% drop in attendance. Earnings rose 28.8%, to $0.85 a unit from $0.66, after its expenses fell following last year’s sale of a water park. Hold. GENERAL ELECTRIC CO. $23(www.ge.com) continues to shrink its financing division, which accounts for 30% of its overall revenue. This division recently agreed to sell 80 apartment buildings in the U.S. for $2.7 billion. That’s equal to 73% of the $3.7 billion, or $0.36 a share, that GE earned in the second quarter of 2013. Buy. BUCKEYE PARTNERS L.P. $70 (www.buckeye.com) has raised its quarterly distribution by 1.2%, to $1.0625 a unit from $1.05. The new annual rate of $4.25 yields 6.1%. However, Buckeye’s strategy of aggressively making acquisitions to expand its oil…