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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:32 EDTALEAllete reports Q4 EPS 82c, consensus 84c
Reports Q4 revenue $268M, consensus $260.90M.
News For ALE From The Last 14 Days
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July 2, 2015
08:35 EDTALEALLETE Clean Energy acquires Pennsylvania Wind Facility from AES Corp.
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June 25, 2015
10:00 EDTALEOn The Fly: Analyst Downgrade Summary
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06:31 EDTALEAllete downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded Allete to Underweight saying idlings of US Steel and potentially other mines will likely weigh on near-term earnings. The firm believes the mining risk is significant and not priced into consensus estimates. It cut its price target for shares to $47 from $53.

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