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Stock Market & Financial Investment News

News Breaks
July 3, 2014
14:07 EDTAEEAmeren files request with MoPSC seeking approval to increase revenues by $264M
On July 3 Ameren Missouri filed a request with the Missouri Public Service Commission, or MoPSC, seeking approval to increase its annual revenues for electric service by $264M. The rate request seeks recovery of increased net energy costs and rebates provided for customer-installed solar generation, as well as recovery of and a return on additional electric infrastructure investments made for the benefit of Ameren Missouriís customers. Gross plant additions since the last rate order total $1.4B. The rate request includes $127M related to an increase in net energy costs above the net energy costs included in base rates previously authorized by the MoPSC in its December 2012 electric rate order. The electric rate increase request is based on a 10.4% return on equity, a capital structure composed of 51.6% equity, an electric rate base for Ameren Missouri of $7.3B, and a test year ended March 31, with certain pro-forma adjustments expected through the anticipated true-up date of December 31. The MoPSC proceeding relating to the proposed electric service rate changes will take place over a period of up to 11 months and a decision by the MoPSC in such proceeding is expected by May 2015 with rates effective in June 2015.
News For AEE From The Last 14 Days
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August 3, 2015
09:37 EDTAEEAmeren upgraded to Outperform from Peer Perform at Wolfe Research
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July 31, 2015
08:12 EDTAEEAmeren: Q2 results reflect increased investments in electric transmission
This core earnings improvement reflected earnings on increased investments in electric transmission and delivery infrastructure made under formula ratemaking. The earnings comparison also benefited from lower other operations and maintenance expenses, reduced parent company interest costs and a lower effective income tax rate. These positive factors were partially offset by lower retail electric and natural gas sales volumes primarily due to milder temperatures in the first half of 2015, a seasonal rate redesign and the timing of revenues under formula ratemaking related to Ameren Illinois electric delivery, as well as higher depreciation and amortization expenses.
08:03 EDTAEEAmeren backs FY15 core EPS view $2.45-$2.65, consensus $2.55
Raises FY15 GAAP EPS view to $2.48 to $2.68, compared to the prior range of $2.45 to $2.65.
08:01 EDTAEEAmeren reports Q2 non-GAAP EPS 58c, consensus 61c
Reports Q2 revenue $1.40B, consensus $1.44B.
July 28, 2015
10:00 EDTAEEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aegerion (AEGR) upgraded to Buy from Hold at Jefferies... Ameren (AEE) upgraded to Neutral from Sell at Goldman... AutoNation (AN) upgraded to Buy from Neutral at Sterne Agee CRT... Beacon Roofing (BECN) upgraded to Outperform at Baird... BlackBerry (BBRY) upgraded to Equal Weight from Underweight at Morgan Stanley... Bojangles (BOJA) upgraded to Buy from Neutral at SunTrust... Boyd Gaming (BYD) upgraded to Neutral from Underperform at BofA/Merrill... Columbus McKinnon (CMCO) upgraded to Buy from Neutral at Sidoti... Danaher (DHR) upgraded to Overweight from Equal Weight at Morgan Stanley... Emerald Oil (EOX) upgraded to Hold from Sell at Wunderlich... Haemonetics (HAE) upgraded Outperform from Market Perform at Barrington... Jefferies sees entry point for Aegerion (AEGR), upgrades to Buy... Philips (PHG) upgraded to Buy from Hold at Societe Generale... Plum Creek Timber (PCL) upgraded to Buy from Neutral at DA Davidson... Raytheon (RTN) upgraded to Buy from Neutral at BofA/Merrill... SandRidge Energy (SD) upgraded to Hold from Sell at Wunderlich... Telecom Argentina (TEO) upgraded to Outperform from Market Perform at Raymond James... Teva (TEVA) upgraded to Outperform from Market Perform at BMO Capital... Triumph Bancorp (TBK) upgraded to Buy from Hold at Evercore ISI... Waste Management (WM) upgraded on valuation, rebounding businesses at Argus... Wisconsin Energy (WEC) upgraded to Buy from Neutral at Goldman.
06:43 EDTAEEAmeren upgraded to Neutral from Sell at Goldman
Goldman upgraded Ameren to Neutral with a $40 price target based on share underperformance.

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