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Stock Market & Financial Investment News

News Breaks
August 6, 2014
11:52 EDTCNPCenterPoint Energy sees FY effective tax rate of 37%
Sees natural gas utilities growing operating income at CAGR 4%-5% over next five years. Sees FY Utility Operations EPS 72c-76c. Sees FY Midstream Investments EPS 42c-45c. Plans to grow dividend at CAGR of 8%-10% over next three years. Comments made on the Q2 earnings conference call.
News For CNP From The Last 14 Days
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September 25, 2014
14:56 EDTCNPBerkshire, CenterPoint, others exploring bids for Oncor, Bloomberg reports
Berkshire Hathaway (BRK.A), CenterPoint Energy (CNP), Hunt Consolidated, and NextEra Energy (NEE) have signed confidentiality agreements to explore potential bids for Energy Future Holdings Corp.'s electricity distributor, Oncor, Bloomberg says, citing people familiar with the matter. NextEra Energy's bid for Oncor earlier this year valued Oncor at more than $17.5B, Bloomberg added. A total of ten potential bidders have signed confidentiality agreements. Reference Link
September 22, 2014
08:17 EDTCNPUpdate: CenterPoint Energy upgraded to Buy from Neutral at SunTrust
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