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Stock Market & Financial Investment News

News Breaks
April 8, 2014
07:03 EDTLGLaclede upgraded to Buy from Hold at Stifel
Stifel upgraded Laclede to Buy from Hold citing the acquisition of Alabama Gas for $1.34B. The firm views the transaction as accretive to shareholders in FY15 and adds geographic and regulatory diversity. Price target is $50.
News For LG From The Last 14 Days
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February 3, 2016
07:04 EDTLGLaclede backs FY16 NEE $3.34-$3.44, consensus $3.38
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07:04 EDTLGLaclede reports Q1 NEE $1.04, consensus $1.11
Consolidated net income for the first quarter was $46.9 million compared to $47.1 million in the prior year period, reflecting flat earnings from the Gas Utility segment and lower earnings from Gas Marketing. the first quarter, the Gas Utility segment posted NEE of $50.0 million compared to $49.8 million a year ago. Gas Marketing net economic loss for the first quarter of fiscal 2016 was $0.3 million compared to NEE of $0.4 million in the prior year.

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