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Stock Market & Financial Investment News

News Breaks
November 12, 2012
07:28 EDTPEG, DUK, CMS, AVA, SO, ETR, D, CNP, AEP, SCG, EDE, ED, BKH, LNT, ALE, AEE, AESEdison Electric Institute to host a conference
47th EEI Financial Conference is being held in Phoenix, Arizona on November 11-14.
News For AES;ALE;LNT;AEE;AEP;AVA;BKH;CNP;CMS;ED;D;DUK;EDE;ETR;PEG;SCG;SO From The Last 14 Days
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November 26, 2014
13:17 EDTDDominion expresses concerns about impact of EPA 'Clean Power' plan
Dominion announced it expressed concern about potential adverse impact on electric reliability and customer bills in comments filed with the Environmental Protection Agency on the EPA's proposed "Clean Power Plan" regulations. The company also said some states – such as Virginia and North Carolina – are treated unfairly in the proposal because of the "greater and unreasonable" reductions required in carbon dioxide emissions rates relative to other nearby states. The proposed regulations could penalize states that already have reduced their carbon intensity, the company said.
November 25, 2014
20:08 EDTAVAAvista receives approval of settlement increasing Washington rates
Avista received approval, with minor changes, from the Washington Utilities and Transportation Commission on the all-party settlement agreement that was filed on Aug. 18, concluding the company's electric and natural gas rate requests filed on Feb. 4. New rates will take effect on Jan. 1, 2015. The approved rates are designed to increase annual electric base revenues by 2.5% or $12.3M, inclusive of a $5.3M November 2014 power supply update as required in the settlement agreement. Approved natural gas rates are designed to increase annual base revenues by 5.6% or $8.5M.
18:13 EDTBKHBlack Hills receives approval for acquisition of certain assets of MGTC
Black Hills (BKH) announced that the Wyoming Public Service Commission approved the acquisition of certain gas transmission and distribution utility assets of MGTC, wholly owned subsidiary of Anadarko Petroleum (APC). The transaction is expected to close by Jan. 1, 2015. Black Hills Corp. is acquiring the MGTC assets in northeastern Wyoming for approximately $6M.
November 24, 2014
08:37 EDTALEAllete finalizes development agreement with MDU Resources
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08:33 EDTALEMDU Resources unit to acquire North Dakota wind farm tpo be developed by Allete
Montana-Dakota Utilities Co., a division of MDU Resources Group (MDU), has signed an agreement to purchase a North Dakota wind farm to be developed by ALLETE Clean Energy, a subsidiary of ALLETE, Inc. (ALE). The wind project, located near Hettinger, N.D., and comprised of 43 turbines producing 107.5 megawatts of electricity, is anticipated to be completed in December 2015. The project’s cost is approximately $200M and the purchase is subject to regulatory approvals.
07:33 EDTDDominion acquires solar facility in California from Canadian Solar
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November 21, 2014
10:00 EDTLNTOn The Fly: Analyst Downgrade Summary
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06:20 EDTLNTAlliant Energy downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded Alliant Energy to Hold citing valuation.
November 19, 2014
10:00 EDTEDOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Beacon Roofing (BECN) downgraded to Hold from Buy at KeyBanc... BlackBerry (BBRY) downgraded to Underweight from Equal Weight at Morgan Stanley... Consolidated Edison (ED) downgraded to Sell from Neutral at UBS... Denbury Resources (DNR) downgraded to Hold from Buy at Wunderlich... Synchronoss (SNCR) downgraded to Underperform from Neutral at RW Baird... Total System (TSS) downgraded to Sell from Neutral at Goldman... Movado (MOV) downgraded to Market Perform from Outperform at Barrington... Transocean Partners (RIGP) downgraded to Market Perform from Outperform at Wells Fargo... Seadrill Partners (SDLP) downgraded to Market Perform from Outperform at Wells Fargo... Petrobras (PBR) downgraded to Neutral from Buy at UBS.
05:52 EDTEDConsolidated Edison downgraded to Sell from Neutral at UBS
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November 18, 2014
17:22 EDTPEGPSEG files automatic mixed securities shelf
November 17, 2014
16:39 EDTAESAES COO Andrew Vesey to leave company
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November 13, 2014
09:02 EDTDUKDuke Energy to begin removing coal ash from four North Carolina sites
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