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Stock Market & Financial Investment News

News Breaks
April 9, 2013
05:55 EDTMGEE, MGEE, UIL, UIL, CMS, CMSWilliams Capital Group to host a seminar
Midwest Utilities Seminar is being held in Chicago on April 9-10.
News For MGEE;UIL;CMS From The Last 14 Days
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July 24, 2014
07:51 EDTCMSCMS Energy expects Cross Winds Energy Park to be in operation by year end
07:41 EDTCMSCMS Energy raises FY14 adjusted EPS to $1.76-$1.78 from $1.74-$1.78
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07:41 EDTCMSCMS Energy reports Q2 EPS 30c, consensus 26c
Reports Q2 revenue $1.47B, consensus $1.38B
July 16, 2014
08:31 EDTUILUIL CEO says still pursuing Philadelphia Gas Works acquisition
UIL CEO James Torgerson said, “Today, Wednesday July 16, is the first day that UIL can terminate its agreement to acquire the operations of the Philadelphia Gas Works. UIL may now exit this deal at any time while the matter is pending before the City Council. We have decided to continue our efforts to pursue this acquisition and become a new business partner in the City of Philadelphia. UIL remains ready to assist Council in its assessment of the sale including the essential public dialogue of what we believe is a valuable economic opportunity for the City of Philadelphia. UIL will continue to evaluate the situation and take additional actions as appropriate.”
July 10, 2014
07:34 EDTCMSCMS Energy sees long-term CAGR growth of 5%-7%
Sees rate base growth of 5%-7% from 2013-2022, and customer base rates to be less than 2% in that same period. Sees annual Industrial sales growth of 2% in its conservative plan assumptions for 2015-2018. Sees annual electric sales growth of 0.5% in 2015-2018. Sees total CapEx for 2013-2022 to be $15.34B. Comments taken from slides for the company's Investor Meetings on July 10 and July 11.

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