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Stock Market & Financial Investment News

News Breaks
January 3, 2014
05:42 EDTEDConsolidated Edison price target lowered to $46 from $49 at Jefferies
Jefferies lowered its price target for Consolidated Edison shares to $46 saying the New York PSC settlement agreement provides no revenue growth for the company. The firm keeps an Underperform rating on the stock.
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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