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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:55 EDTPOM, POM, POM, ETN, ETN, ETN, SI, SI, SI, ED, ED, ED, DUK, DUK, DUKEEE Power & Energy Society (PES) to host a conference
4th Innovative Smart Grid Technologies Conference: ISGT 2013 is being held in Washington, D.C. on February 24-27.
News For POM;ETN;SI;ED;DUK From The Last 14 Days
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August 3, 2015
16:00 EDTDUKObama Clean Power Plan sends coal sector plummeting
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August 2, 2015
17:09 EDTDUKPresident of U.S. power company group comments on Clean Power regulation
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July 30, 2015
07:27 EDTETNEaton price target lowered to $70 form $85 at UBS
UBS lowered its price target on Eaton to $70 from $85 following its announcement of a restructuring plan. The firm said the plan is less aggressive than expected and Q2 guidance was in-line with expectations. UBS maintained its Buy rating on Eaton shares.
July 29, 2015
08:10 EDTPOMExelon to extend termination date of merger pact with Pepco to October 29
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06:37 EDTETNEaton reports Q2 Electrical Products sales down 3% to $1.8B
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06:36 EDTETNEaton cuts FY15 EPS to $4.40-$4.60 from $4.65-$4.95, consensus $4.74
The company cites lower organic growth forecast and impact of restructuring operations. Of the 6% EPS reduction, 3% is due to the net cost of the restructuring program. Expects FY15 organic revenue growth to be flat and up 1%.
06:35 EDTETNEaton sees Q3 EPS $1.00-$1.10, consensus $1.30
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06:34 EDTETNEaton to take additional actions to reset cost structure to lower activity level
Expects to take charges to implement these actions of $120M in 2H15, with $110M in Q3, $10M in Q4 and $25M in 2016. The restructuring actions will allow us to realize $45M of benefits in 2015 and $125 million of benefits in 2016.
06:33 EDTETNEaton: Q2 revenue down due to weak conditions in most markets
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06:33 EDTETNEaton reports Q2 EPS $1.16, consensus $1.13
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July 28, 2015
15:21 EDTETNNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 85c... Altria (MO), consensus 71... General Dynamics (GD), consensus $2.06... Anthem (ANTM), consensus $2.75... Praxair (PX), consensus $1.46... Northrop Grumman (NOC), consensus $2.36... McKesson (MCK), consensus $2.91... Eaton (ETN), consensus $1.13... Humana (HUM), consensus $1.63... Hilton (HLT), consensus 23c... International Paper (IP), consensus 92c... Rockwell Automation (ROK), consensus $1.54... Jarden (JAH), consensus 59c... Quintiles (Q), consensus 70c... Tableau Software (DATA), consensus 4c... Garmin (GRMN), consensus 82c... Vantiv (VNTV), consensus 54c... ADT (ADT), consensus 49c.
09:06 EDTDUKDuke Energy acquires Seville I and II Solar Power Projects from Kruger Energy
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July 27, 2015
07:32 EDTPOMPepco reports Q2 adjusted EPS 23c, consensus 30c
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July 23, 2015
14:33 EDTPOMPepco continues to expect to complete merger with Exelon in Q3
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14:32 EDTPOMPepco says request filed for stay of MPSC order related to merger
In a regulatory filing, Pepco Holdings (POM) disclosed that on July 21, the Maryland Office of People’s Counsel filed a Motion in the Circuit Court for Queen Anne’s County, Maryland, requesting a stay of the MPSC Order and to conduct additional discovery and present additional evidence in light of an alleged conflict of interest on the part of a former MPSC Commissioner. "Pepco Holdings believes the motion is without merit and intends to vigorously oppose it and any other attempts to impede the effectiveness of the MPSC Order or delay the closing of the merger," the company said. As previously disclosed, on April 29, 2014, Pepco Holdings entered into an agreement and plan of merger with Exelon (EXC).
July 21, 2015
09:03 EDTDUKDuke Energy Renewables acquires 20MW Shawboro solar project in North Carolina
Duke Energy Renewables announced it has acquired a 20-megawatt AC solar power project in Shawboro, N.C., from Ecoplexus, lead developer of the project. The energy generated from the facility is enough to power about 4,000 homes and will be sold to Dominion NC Power through a 15-year agreement. Swinerton Renewable Energy will build the facility and is expected to employ more than 90 percent local workers during construction. The project is targeted for completion by year end.

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