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Stock Market & Financial Investment News

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July 2, 2014
07:34 EDTHNRG, VVCHallador acquisition of Vectren assets perfect match, says Brean Capital
Brean Capital believes Hallador Energy's (HNRG) acquisition of Vectren (VVC) assets is a perfect match given the close geographic proximity to its existing assets and the potential for cost reductions and profitability increases. The firm also believes the sale is a positive for Vectren as they exit the coal business and focus on energy services and infrastructure business. The firm has Buy ratings on both Hallador and Vectren.
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