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Stock Market & Financial Investment News

News Breaks
January 30, 2013
05:53 EDTDUK, EXC, EIX, ETRCheap gas threatens nuclear power, WSJ reports
U.S. utilities are facing something they never expected: some natural-gas-fired power plants cost less to operate than nuclear units. That's leading some companies to consider shuttering their nuclear facilities, reports the Wall Street Journal. Among the nuclear plants regarded as vulnerable by UBS (UBS) Investment Research are Exelon Corp.'s (EXC) Clinton plant in Illinois and its Ginna plant in New York, as well as Entergy Corp.'s (ETR) Vermont Yankee and FitzPatrick plants in Vermont and New York. Plants facing costly repairs include Edison International's (EIX) San Onofre plant in Southern California and Duke Energy's (DUK ) Crystal River plant in Florida, both now idled. Reference Link
News For EXC;ETR;EIX;DUK From The Last 14 Days
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July 30, 2015
16:08 EDTEIXEdison International will issue guidance after final decision by CPUC
Edison International will provide 2015 earnings guidance after a final decision has been issued by the CPUC on the Southern California Edison 2015 General Rate Case. See the presentation accompanying the company’s conference call for further information.
16:07 EDTEIXEdison International reports Q2 adjusted EPS $1.16, consensus 83c
Reports Q2 revenue $2.91B, consensus $3.08B.
July 29, 2015
08:10 EDTEXCExelon to extend termination date of merger pact with Pepco to October 29
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08:06 EDTEXCExelon narrows FY15 EPS view to $2.35-$2.55, consensus $2.45
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08:06 EDTEXCExelon reports Q2 adjusted EPS 59c, consensus 54c
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July 28, 2015
10:00 EDTETROn The Fly: Analyst Downgrade Summary
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09:06 EDTDUKDuke Energy acquires Seville I and II Solar Power Projects from Kruger Energy
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07:53 EDTETRHouse Natural Resources Committee to hold a hearing
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06:43 EDTETREntergy downgraded to Sell from Neutral at Goldman
Goldman downgraded Entergy to Sell due to below consensus estimates due to sower regulated growth at the regulated segment and lower Northeast power prices in the non-regulated business. The firm's price target is $68 on shares.
July 23, 2015
14:33 EDTEXCPepco continues to expect to complete merger with Exelon in Q3
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14:32 EDTEXCPepco says request filed for stay of MPSC order related to merger
In a regulatory filing, Pepco Holdings (POM) disclosed that on July 21, the Maryland Office of People’s Counsel filed a Motion in the Circuit Court for Queen Anne’s County, Maryland, requesting a stay of the MPSC Order and to conduct additional discovery and present additional evidence in light of an alleged conflict of interest on the part of a former MPSC Commissioner. "Pepco Holdings believes the motion is without merit and intends to vigorously oppose it and any other attempts to impede the effectiveness of the MPSC Order or delay the closing of the merger," the company said. As previously disclosed, on April 29, 2014, Pepco Holdings entered into an agreement and plan of merger with Exelon (EXC).
July 21, 2015
09:03 EDTDUKDuke Energy Renewables acquires 20MW Shawboro solar project in North Carolina
Duke Energy Renewables announced it has acquired a 20-megawatt AC solar power project in Shawboro, N.C., from Ecoplexus, lead developer of the project. The energy generated from the facility is enough to power about 4,000 homes and will be sold to Dominion NC Power through a 15-year agreement. Swinerton Renewable Energy will build the facility and is expected to employ more than 90 percent local workers during construction. The project is targeted for completion by year end.
July 20, 2015
08:37 EDTDUKDuke Energy begins construction of solar facility at Marine Corps Base Camp
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July 17, 2015
15:02 EDTETREntergy Texas files to end bid to acquire Union Power Station unit
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July 16, 2015
12:02 EDTEXCGE says GS Power selects 7HA.02 gas turbine, clutched steam turbine
Korea’s GS Power has selected GE’s (GE) high efficiency 7HA.02 gas turbine, and associated clutched steam turbine, for a new combined-cycle power plant in Anyang, Korea. This marks the 17th order for GE’s HA gas turbine technology, which also celebrates its first commercial shipment to Électricité de France this month, and the first U.S. groundbreaking for two future Exelon (EXC) plants in Texas. With the GS Power project, 17 HA units have been ordered and 61 HA units have been technically selected by customers around the world.

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