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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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February 27, 2015
07:04 EDTNRGNRG Energy expects 1.6M tons.year carbon to be captured at Petra Nova project
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07:02 EDTNRGNRG Energy reports FY14 revenue $15.87B, consensus $14.83B.
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06:58 EDTNRGNRG Energy sees 4% increase in FY15 common stock dividend to 58c
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06:58 EDTNRGNRG Energy backs FY15 adjusted EBITDA $3.2B-$3.4B
Backs FY15 FCF before growth investments of $1.1B-$1.3B
February 26, 2015
15:30 EDTNRGNotable companies reporting before tomorrow's open
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February 24, 2015
16:03 EDTEIXEdison International reports Q4 EPS $1.08, consensus 83c
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15:21 EDTEIXNotable companies reporting after market close
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