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News Breaks
November 1, 2009
14:54 EDTAEP
theflyonthewall.com: Amer Elec Power gives FY10 "ongoing earnings guidance" of $2.80-$3.20
AEP anticipates that 2010 ongoing earnings will be between $2.80 and $3.20 per share. Ongoing earnings guidance for 2009, which reflects last week's upside adjustment, remains at $2.90 to $3.05 per share. Ongoing earnings represent earnings from continuing operations, which exclude special or one-time items included in the earnings prepared in accordance with generally accepted accounting principles. "Our earnings projections for 2010 are driven by new rate recovery activity underway in several jurisdictions across our service territories, an expected increase in off-system sales of electricity as that market improves after a weak year in 2009, and a general increase in retail load," said Michael G. Morris, AEP's chairman, president and chief executive officer. :theflyonthewall.com



News For AEP From The Last 14 Days
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February 10, 2012
07:35 EDTAEP
theflyonthewall.com: American Electric to file with FERC to separate Ohio operations
AEP plans to file today at the Federal Energy Regulatory Commission, or FERC, to separate its Ohio businesses and to terminate and replace the Interconnection Agreement for its eastern generating assets with a new power cost sharing arrangement. The company received approval Jan. 23 from the Public Utilities Commission of Ohio to move forward with corporate separation of its Ohio generation assets. AEP expects to receive decisions from the FERC enabling implementation of corporate separation and the termination and replacement of the Interconnection Agreement in Q1 of 2013. :theflyonthewall.com
07:34 EDTAEP
theflyonthewall.com: American Electric sees 2014 capital spending $3.7B

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07:34 EDTAEP
theflyonthewall.com: American Electric sees 2013 capital spending $3.5B

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07:34 EDTAEP
theflyonthewall.com: American Electric sees 2012 capital budget at $3.1B

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07:33 EDTAEP
theflyonthewall.com: American Electric sees 2012 adj EPS $3.05-$3.25 vs. consensus $3.17

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February 3, 2012
13:34 EDTAEP
theflyonthewall.com: American Electric to host analyst and investor meeting
Analyst and Investor Meeting to be held in New York on February 10 at 10:30 am. Webcast Link :theflyonthewall.com

February 1, 2012
10:23 EDTAEP
theflyonthewall.com: American Electric starts Dresden natural gas-fired plant

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