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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.
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July 17, 2014
07:06 EDTETREntergy backs FY14 EPS $5.55-$6.75, consensus $6.17
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07:06 EDTETREntergy sees Q2 EPS $1.10, consensus $1.16
The company said the increase in earnings reflected top line growth, particularly at Entergy Wholesale Commodities, the wholesale generation business, where both higher volume and prices contributed.

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