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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.
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