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Stock Market & Financial Investment News

News Breaks
September 13, 2013
14:47 EDTITC, ETREntergy, ITC re-filing statement positive, says Wells Fargo
After Entergy (ETR) and ITC Holdings (ITC) said they would soon re-file a joint application with the Public Utility Commission of Texas for the proposed spin-merge of Entergy's transmission assets, Wells Fargo thinks that the companies' statement indicates they believe there is a good chance that regulators will approve the deal. The firm keeps Outperform ratings on both stocks.
News For ETR;ITC From The Last 14 Days
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February 7, 2016
19:11 EDTETRNew York governor orders investigation of 'unacceptable' Entergy nuclear leak
New York Governor Andrew Cuomo issued a statement regarding Entergy's Indian Point nuclear facility, saying, "Yesterday I learned that radioactive tritium-contaminated water leaked into the groundwater at the Indian Point nuclear facility. The company reported alarming levels of radioactivity at three monitoring wells, with one well's radioactivity increasing nearly 65,000%. The facility reports that the contamination has not migrated off site and as such does not pose an immediate threat to public health... This latest failure at Indian Point is unacceptable and I have directed Department of Environmental Conservation Acting Commissioner Basil Seggos and Department of Health Commissioner Howard Zucker to fully investigate this incident and employ all available measures, including working with Nuclear Regulatory Commission." In his letter to Zucker and Seggos, Cuomo noted, "This failure continues to demonstrate that Indian Point cannot continue to operate in a manner that is protective of public health and the environment." Reference Link
February 1, 2016
16:38 EDTITCITC Holdings files permit application for Lake Erie connector project
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