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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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August 2, 2015
17:09 EDTAEPPresident of U.S. power company group comments on Clean Power regulation
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July 23, 2015
07:03 EDTAEPAmerican Electric raises FY15 capital investments by $200M to $4.6B
This additional capital will be allocated to transmission investment. Transmission Holdco contributed 13c per share to operating earnings during Q2, a 30% increase over the second quarter last year, and the business is on target to achieve its expected contribution to earnings for the year.
07:02 EDTAEPAmerican Electric raises FY15 operating EPS to $3.50-$3.65 from $3.40-$3.60
FY15 EPS consensus $3.54.
07:00 EDTAEPAmerican Electric reports Q2 operating EPS 88c, consensus 81c
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