New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 29, 2014
07:08 EDTETREntergy reports Q2 EPS $1.11, consensus $1.15
Reports Q2 revenue $3.0B, consensus $2.94B
News For ETR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 17, 2014
07:06 EDTETREntergy recorded charge of 37c related to decommissioning study
As previously disclosed, the preparation of an updated decommissioning study was necessary to support filing of the post-shutdown decommissioning activities report planned for December and to obtain access to the bulk of the funds in the VY nuclear decommissioning trust to perform decommissioning work. With VY nearing shutdown, and as a result of the new cost estimate for decommissioning, Entergy increased the decommissioning cost liability and recorded a corresponding impairment charge of approximately 37C per share, which will be reflected as a special item in third quarter 2014 results. The increased decommissioning cost estimate was largely driven by near-term activities about which there is more certainty now that the plant is about to enter the decommissioning phase. Entergy expects to fund decommissioning and spent fuel management costs through a combination of the VY nuclear decommissioning trust and financing, with financing being repaid from litigation recoveries of spent fuel costs from the federal government.
07:05 EDTETREntergy backs FY14 operating EPS $5.55-$6.75, consensus $6.15
Subscribe for More Information
07:04 EDTETREntergy sees Q3 operational EPS $1.67, consensus $2.08
The Utility posted another quarter-over-quarter of industrial sales growth, led by the Gulf region of the service territory, and took steps to reduce uncertainty through a rate case settlement in Mississippi. EWC received added clarity on the decommissioning of the Vermont Yankee Nuclear Power Station, which, along with the rate case settlement, resulted in charges in third quarter 2014.
October 9, 2014
10:00 EDTETROn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:51 EDTETREntergy downgraded to Neutral from Outperform at Macquarie
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use