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Stock Market & Financial Investment News

News Breaks
February 20, 2013
14:36 EDTPEGPSEG announces $3.9B, 10-year proposal for NJ infrastructure improvements
Public Service Electric and Gas proposed to invest $3.9B during the next 10 years to protect and strengthen its electric and gas systems against severe weather conditions. In a filing with the New Jersey Board of Public Utilities, PSE&G asked for initial funding approval of $2.6B during the first five years. Since some of the improvements will take more than five years to implement, the utility may seek approval to spend an additional $1.3B in the following five years to complete the program. The proposal would create 5,800 direct and indirect jobs.
News For PEG From The Last 14 Days
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July 31, 2015
07:34 EDTPEGPSEG sees FY15 PSE&G operating earnings $760M-$775M
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07:33 EDTPEGPSEG raises FY15 EPS to $2.80-$2.95 from $2.75-$2.95, consensus $2.91
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07:33 EDTPEGPSEG reports Q2 operating EPS 57c, consensus 54c
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July 24, 2015
08:46 EDTPEGPSEG announces retirement of CFO Carolina Dorsa
PSEG announced that Caroline Dorsa, CFO for PSEG will retire during the fourth quarter. PSEG has hired the firm of Spencer Stuart who has a search underway for a successor and will be considering both internal and external candidates.

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