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Stock Market & Financial Investment News

News Breaks
February 7, 2013
13:59 EDTEDConsolidated Edison price target lowered to $61 from $66 at Argus
Argus reduced its target on Consolidated Edison after the company reported lower than expected Q4 EPS. However, the firm expects the stock to continue to provide stable returns for shareholders and it maintains a Buy rating.
News For ED From The Last 14 Days
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April 16, 2015
08:04 EDTEDCon Edison Devleopment enters into agreement to procure GE energy storage system
GE (GE) announced it will supply Con Edison Development (ED) with an 8 MWh battery energy storage system in Central Valley, CA. The new storage solution will be utilizing GEs Mark VIe-based plant control system, Brilliance MW Inverters, and packaged lithium ion battery modules. As part of its expanding energy storage portfolio, this project marks the first time GE will introduce a lithium ion battery solution. The system will provide two megawatts of power over a four-hour period, and the deal includes delivery of a complete energy storage system, with associated long-term service agreements.

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