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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:11 EDTEIX, NRGNRG Energy, Edison Mission Energy merger receives FERC approval
NRG Energy (NRG) and Edison Mission Energy, a unit of Edison International (EIX), jointly announced that the Federal Energy Regulatory Commission has approved the previously announced sale of substantially all of EME’s assets to NRG. The acquisition of EME’s portfolio of renewable and conventional generation assets will create a power company with enough capacity to support nearly 48M American homes. EME will add nearly 8K megawatts of generating capacity to the combined company’s portfolio of both conventional and wind generation facilities. The FERC approval represents the final regulatory authorizations required to close the transaction and parties expect to close the transaction on April 1.
News For NRG;EIX From The Last 14 Days
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December 12, 2014
07:21 EDTEIXEdison International price target raised to $72 from $62 at BofA/Merrill
BofA/Merrill raised Edison International's price target to $72 following the better-than-expected dividend raise. Shares are Buy rated and on the US 1 List.
December 11, 2014
16:13 EDTEIXEdison International raises common stock dividend 17.6% to 41.75c
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December 9, 2014
08:25 EDTNRGNRG Energy board authorizes repurchase of $100M of common stock
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08:04 EDTNRGNRG eVgo announces electric vehicle charging network in Atlanta
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