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Stock Market & Financial Investment News

News Breaks
May 20, 2014
13:23 EDTDDominion issues statement on EPA's new 316b rule
Dominion has issued the following statement regarding the Environmental Protection Agency's new rule designed to protect aquatic life from cooling water intakes at power stations: "The Environmental Protection Agency's final rule for Cooling Water Intake Structures at Existing Facilities under section 316(b) of the Clean Water Act requires new technology and monitoring requirements on electric generating stations to reduce impacts on aquatic resources. Dominion thanks EPA Administrator Gina McCarthy and her staff for their extensive and open dialogue with stakeholders and for including provisions that recognize the importance of ensuring electric reliability, said Thomas F. Farrell II, Dominion's chairman, president and chief executive officer. As a result, Dominion believes the rule represents a reasonable approach to minimizing the impact on aquatic life while being mindful of the impacts to ratepayers. Our initial review of the rule finds that it includes significant improvements compared to the proposed rule. States retain authority to impose effective entrainment measures appropriate for the site-specific features of each facility. Also, EPA has provided needed business certainty by identifying a suite of technologies that can be selected to reduce impingement impacts. The rule does not mandate the use of costly and energy-intensive cooling towers at all facilities, yet it will result in major capital investments in advanced technologies that are suitable for each facility. These choices in compliance options based on enhanced monitoring will ensure the selection of effective, yet prudent technologies. This reasonable approach will minimize costs to our customers and recognizes our responsibility to protect the reliability of the electric grid. Dominion has done an initial review of the rule and believes it will apply to several of its power stations. A detailed analysis of the rule is ongoing."
News For D From The Last 14 Days
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April 27, 2015
16:19 EDTDFluor awarded EPCC contract by Dominion Virginia Power
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April 22, 2015
10:02 EDTDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Alcoa (AA) initiated with a Neutral at Cleveland Research... American Electric (AEP) initiated with a Neutral at Guggenheim... American Water (AWK) initiated with a Buy at Guggenheim... Anadarko (APC) initiated with a Buy at Nomura... Apache (APA) initiated with a Reduce at Nomura... Associated Banc Corp (ASB) initiated with a Market Perform at Wells Fargo... Cabot Oil & Gas (COG) initiated with a Neutral at Nomura... Canadian Natural (CNQ) initiated with a Buy at Nomura... Cenovus Energy (CVE) initiated with a Reduce at Nomura... Chesapeake (CHK) initiated with a Reduce at Nomura... Cimarex Energy (XEC) initiated with a Neutral at Nomura... Communications Sales & Leasing (CSAL) initiated with an Overweight at Stephens... Concho Resources (CXO) initiated with a Buy at Nomura... Consolidated Edison (ED) initiated with a Neutral at Guggenheim... Continental Resources (CLR) initiated with a Buy at Nomura... DTE Energy (DTE) initiated with a Buy at Guggenheim... Denbury Resources (DNR) initiated with a Reduce at Nomura... Depomed (DEPO) initiated with an Overweight at Piper Jaffray... Devon Energy (DVN) initiated with a Neutral at Nomura... Dominion (D) initiated with a Buy at Guggenheim... Duke Energy (DUK) initiated with a Buy at Guggenheim... EOG Resources (EOG) initiated with a Buy at Nomura... Edison International (EIX) initiated with a Neutral at Guggenheim... Encana (ECA) initiated with a Buy at Nomura... Entergy (ETR) initiated with a Neutral at Guggenheim... Eversource (ES) initiated with a Buy at Guggenheim... Exelon (EXC) initiated with a Buy at Guggenheim... FirstEnergy (FE) initiated with a Neutral at Guggenheim... Great Plains Energy (GXP) initiated with a Buy at Guggenheim... Hess Corp. (HES) initiated with a Neutral at Nomura... Marathon Oil (MRO) initiated with a Buy at Nomura... Media General (MEG) initiated with a Neutral at Nomura... Medley Capital (MCC) initiated with a Buy at Janney Capital... Murphy Oil (MUR) initiated with a Neutral at Nomura... Newfield Exploration (NFX) initiated with a Buy at Nomura... Newtek Business Services (NEWT) initiated with a Neutral at Ladenburg... NextEra Energy (NEE) initiated with a Buy at Guggenheim... Noble Energy (NBL) initiated with a Reduce at Nomura... Oasis Petroleum (OAS) initiated with a Neutral at Nomura... PG&E (PCG) initiated with a Neutral at Guggenheim... PPL Corp. (PPL) initiated with a Buy at Guggenheim... PSEG (PEG) initiated with a Buy at Guggenheim... Pernix Therapeutics (PTX) initiated with an Overweight at Piper Jaffray... Pinnacle West (PNW) initiated with a Neutral at Guggenheim... Pioneer Natural (PXD) initiated with a Buy at Nomura... RSP Permian (RSPP) initiated with a Buy at Wunderlich... Range Resources (RRC) initiated with a Buy at Nomura... STMicroelectronics (STM) initiated with a Buy at Craig-Hallum... Southern Company (SO) initiated with a Neutral at Guggenheim... Southwestern Energy (SWN) initiated with a Neutral at Nomura... Starz (STRZA) initiated with a Sector Perform at FBN Securities... Stellus Capital (SCM) initiated with a Neutral at Janney Capital... Suncor (SU) initiated with a Buy at Nomura... TECO Energy (TE) initiated with a Neutral at Guggenheim... Tribune Media (TRCO) initiated with a Hold at Jefferies... Ultra Petroleum (UPL) initiated with a Neutral at Nomura... Whiting Petroleum (WLL) initiated with a Neutral at Nomura... Zogenix (ZGNX) initiated with an Overweight at Piper Jaffray... bluebird bio (BLUE) initiated with a Buy at Maxim.
06:59 EDTDDominion initiated with a Buy at Guggenheim
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April 17, 2015
17:17 EDTDDominion Virginia Power to close all coal ash plants in Virginia
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April 15, 2015
16:37 EDTDDominion acquires solar facility in Georgia
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