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Stock Market & Financial Investment News

News Breaks
March 24, 2014
05:43 EDTAEPAmerican Electric downgraded to Hold from Buy at Jefferies
Jefferies downgraded American Electric citing valuation and lowered its price target for shares to $50.50 from $52.50. Jefferies believes that any sale of the Genco is unlikely before 2015.
News For AEP From The Last 14 Days
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November 11, 2014
11:54 EDTAEPAmerican Electric backs FY16 operating EPS view $3.45-$3.85
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11:53 EDTAEPAmerican Electric raises FY15 operating EPS view to $3.40-$3.60 from $3.30-$3.60
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11:49 EDTAEPAmerican Electric raises 2015 capital expenditure budget to $4.4B
American Electric Power increased its 2015 capital expenditure budget to $4.4B. The company forecast its 2016 capital investment budget at $3.8B and its 2017 capital investment budget at $3.9B.

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