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Stock Market & Financial Investment News

News Breaks
July 29, 2014
04:55 EDTAEP, AEP, AEP, CPN, CPN, CPN, NRG, NRG, NRGMarcus Evans to hold a conference
13th Annual Outage Management for Power Plants Conference to be held in New Orleans on July 29-31.
News For AEP;CPN;NRG From The Last 14 Days
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April 1, 2015
12:39 EDTNRG, AEPOn The Fly: Midday Wrap
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11:59 EDTNRG, AEPDynegy, NRG Energy retreat after FERC postpones decision on PJM plan
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10:54 EDTNRGNRG, Dynegy down 6% after FERC sends deficiency letter to PJM
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10:48 EDTNRGFERC head sees 'market uncertainty' from PJM deficiency letter
The Commissioner of the Federal Energy Regulatory Commission, Philip Moeller, said in a statement yesterday, "Today, staff issued a deficiency letter in this proceeding. In future deliberations in this proceeding, I will of course consider the totality of the record, including all of the responses to staff’s deficiency letter. Nonetheless, I believe that this proceeding already contains sufficient information to permit the Commission to issue an order on the merits of PJM’s proposal in advance of the May 2015 Base Residual Auction. Markets provide the best prices for both buyers and sellers when participants know the market rules. Regardless of whether the Commission ultimately decides to accept or reject PJM’s capacity performance proposal, by failing to act, the Commission is creating market uncertainty on issues that need clarity now. For this reason, I believe that we should have acted today on the merits of PJM's filings. However, this five-member Commission can only move forward on an order when we have three votes for action." Shares of companies to tied to PJM generation, including Dynegy (DYN), Exelon (EXC), NRG Energy (NRG), PSEG (PEG), PPL Corp. (PPL) and FirstEnergy (FE), are moving lower in early trading.
10:32 EDTNRG, AEPFERC deficiency letter to PJM prolongs uncertainty, says Deutsche Bank
Deutsche Bank notes the Federal Energy Regulatory Commission issued a deficiency letter to the PJM Interconnection relating to the Capacity Performance case. Deutsche views the letter as prolonging the uncertainty for investors in PJM generation stocks, namely Dynegy (DYN), Exelon (EXC), NRG Energy (NRG), PSEG (PEG), American Electric (AEP), PPL Corp. (PPL) and FirstEnergy (FE). Deutsche expects some weakness in the stocks, but says the FERC did not say no and that the deficiency letter implies they are giving the CP proposal serious consideration. The firm finds it more likely than not that something close to PJM’s Capacity Performance filing will be approved.
09:35 EDTNRGActive equity options trading on open
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March 23, 2015
11:30 EDTAEPAEP to review strategic alternatives for competitive barge transportation unit
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