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February 8, 2013
07:07 EDTETREntergy says to consider dividends, repurchases
Given the company's financial profile with a mix of utility and non-utility businesses, both common stock dividends and share repurchases will be considered in establishing return of capital policies. Over the five year period from 2010 2014 under the current long-term business outlook, capital deployment through dividends and share repurchases is projected to total around $4B. Sees utility net income around 6% compound annual net income growth rate over the 2010 2014 horizon.
News For ETR 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

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