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Stock Market & Financial Investment News

News Breaks
January 9, 2013
17:32 EDTEDConsolidated Edison announces 2009 tax deductions decision reversed
On January 9, the United States Court of Appeals for the Federal Circuit issued a decision disallowing tax deductions claimed by Consolidated Edison relating to a 1997 transaction in which Consolidated Edison Development leased property and then immediately subleased it back to the lessor. This decision reverses an October 2009 decision of the United States Court of Federal Claims in favor of the company.
News For ED From The Last 14 Days
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November 19, 2014
10:00 EDTEDOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Beacon Roofing (BECN) downgraded to Hold from Buy at KeyBanc... BlackBerry (BBRY) downgraded to Underweight from Equal Weight at Morgan Stanley... Consolidated Edison (ED) downgraded to Sell from Neutral at UBS... Denbury Resources (DNR) downgraded to Hold from Buy at Wunderlich... Synchronoss (SNCR) downgraded to Underperform from Neutral at RW Baird... Total System (TSS) downgraded to Sell from Neutral at Goldman... Movado (MOV) downgraded to Market Perform from Outperform at Barrington... Transocean Partners (RIGP) downgraded to Market Perform from Outperform at Wells Fargo... Seadrill Partners (SDLP) downgraded to Market Perform from Outperform at Wells Fargo... Petrobras (PBR) downgraded to Neutral from Buy at UBS.
05:52 EDTEDConsolidated Edison downgraded to Sell from Neutral at UBS
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November 10, 2014
15:16 EDTEDEdison Electric Institute to hold a conference
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November 6, 2014
17:34 EDTEDConsolidated Edison expects FY14 EPS $3.80-$3.90, consensus $3.81
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17:34 EDTEDConsolidated Edison reports Q3 EPS $1.49, consensus $1.43
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15:27 EDTEDNotable companies reporting after market close
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