Northeast Utilities unit to appeal DPU finding on storm penalties NSTAR Electric intends to appeal a ruling issued by the Massachusetts Department of Public Utilities assessing financial penalties for its response following two devastating storms that swept through the region last fall. NSTAR was one of the first investor-owned utilities to restore power to its customers in both storms and was able to send 76 line workers to assist National Grid and Western Massachusetts Electric in the wake of the October snowstorm. The company repeated that performance during the recent Superstorm Sandy, being one of the first to complete restoration and again sending crews to other areas. NSTAR deployed thousands of resources, including hundreds of crews and other support personnel, around the clock to restore power in all of the storms. NSTAR is a Northeast Utilities company (NU).
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Outperform from Perform at Oppenheimer... Concho Resources (CXO) upgraded to Outperform from Neutral at Macquarie... Hanmi Financial (HAFC) upgraded to Outperform from Market Perform at FBR Capital... LHC Group (LHCG) upgraded to Outperform from Underperform at Credit Suisse... Lincoln Electric (LECO) upgraded to Buy from Neutral at Longbow... Northeast Utilities (NU) upgraded to Outperform from Neutral at Macquarie... SM Energy (SM) upgraded to Outperform from Neutral at Macquarie... Volcano (VOLC) upgraded at Needham... Wells Fargo sees fewer distractions for lululemon (LULU), upgrades shares... Xcel Energy (XEL) upgraded to Outperform from Neutral at Macquarie... lululemon (LULU) upgraded to Outperform from Market Perform at Wells Fargo.