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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:32 EDTAEP, BWCBabcock & Wilcox selected by American Electric for steam generator services
The Babcock & Wilcox Company (BWC) announced that its subsidiary, Babcock & Wilcox Nuclear Energy, was awarded a contract from American Electric Power (AEP) to provide steam generator services for the Donald C. Cook Nuclear Plant just north of Bridgman, Mich. The D.C. Cook Plant contains two units, one of which is outfitted with Babcock & Wilcox replacement recirculating steam generators. As part of this contract, B&W NE will execute a comprehensive inspection and cleaning campaign, which includes eddy current testing, visual inspections and water lancing. The inspections and cleaning activities are conducted periodically to monitor and maintain the condition of the steam generators. The multi-year contract began in February.
News For BWC;AEP From The Last 14 Days
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April 1, 2015
12:39 EDTAEPOn The Fly: Midday Wrap
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11:59 EDTAEPDynegy, NRG Energy retreat after FERC postpones decision on PJM plan
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10:32 EDTAEPFERC 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.
March 25, 2015
08:31 EDTBWCBabcock & Wilcox says awarded $40.3M contract by Colorado Springs Utilities
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March 23, 2015
11:30 EDTAEPAEP to review strategic alternatives for competitive barge transportation unit
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