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Stock Market & Financial Investment News

News Breaks
February 8, 2013
13:23 EDTETREntergy says source of Super Bowl power outage traced to relay device
Entergy New Orleans, a unit of Entergy (ETR), announced that it has traced the cause of Sunday’s outage to an electrical relay device. The device was specifically installed to protect the Mercedes-Benz Superdome equipment in the event of a cable failure between the switchgear and the stadium. While the relay functioned without issue during a number of high-profile events, during Sunday’s game, the relay device triggered, signaling a switch to open when it should not have, causing the partial outage. This device has since been removed from service and new replacement equipment is being evaluated.
News For ETR From The Last 14 Days
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February 10, 2016
15:26 EDTETREntergy finds elevated levels of tritium at Indian Point nuclear plant
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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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