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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:11 EDTNRG, EIXNRG 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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October 30, 2014
10:02 EDTEIXOn The Fly: Analyst Downgrade Summary
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06:48 EDTEIXEdison International downgraded to Neutral from Buy at UBS
UBS downgraded Edison International to Neutral due to valuation. Price target raised to $65 from $60.
October 29, 2014
08:24 EDTNRGThe Atlantic Live to hold a forum
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October 28, 2014
16:21 EDTEIXEdison International raises FY14 core EPS view to $4.25-$4.35, consensus $3.87
16:20 EDTEIXEdison International reports Q3 core EPS $1.52, consensus $1.33
Reports Q3 revenue $4.36B, consensus $3.9B.
October 23, 2014
18:34 EDTNRGEaton contracted to provide MGM Resorts with power management solutions
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09:15 EDTNRGNRG Energy and MGM Resorts to install convention center solar array
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