New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 7, 2012
17:38 EDTPORPortland General Electric sees judgment award $60M-$70M, company share 67.5%
Portland General Electric disclosed in a regulatory filing that on November 30, the United States Court of Federal Claims issued a judgment awarding certain damages to the plaintiffs, of which PGE was a member, in a complaint against the U.S. Department of Energy. The judgment does not state the precise amount of the damages award, but directs the parties to consult and propose by January 7, 2013 a final amount for the plaintiffs’ recovery that is based on certain adjustments specified in the court's ruling. PGE estimates that the total amount of the award, as calculated pursuant to the judgment, will range from approximately $60M to $70M. Any award amount would be allocated to the plaintiffs on a pro-rata basis in accordance with their respective ownership share of Trojan. Accordingly, PGE’s share of that amount would be 67.5%. PGE cannot determine whether or when any award amounts will be received or if the judgment will be appealed.
News For POR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 12, 2015
10:01 EDTPOROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AG Mortgage (MITT) downgraded to Market Perform from Outperform at Keefe Bruyette... Brookfield Renewable (BEP) downgraded to Underperform from Neutral at Credit Suisse... Emera (EMRAF) downgraded to Equal Weight from Overweight at Barclays... Fibria Celulose (FBR) downgraded to Neutral from Buy at Citigroup... First Marblehead (FMD) downgraded to Neutral from Buy at Compass Point... First Security (FSGI) downgraded to Market Perform from Outperform at Raymond James... Gap (GPS) downgraded to Market Perform from Outperform at FBR Capital... Intelsat (I) downgraded to Underweight from Equal Weight at Morgan Stanley... LivePerson (LPSN) downgraded to Neutral from Outperform at Credit Suisse... MercadoLibre (MELI) downgraded on valuation, difficult comps at Stifel... Midway Gold (MDW) downgraded to Underperform from Outperform at RBC Capital... Numerex (NMRX) downgraded to Market Perform from Outperform at Northland... Portland General Electric (POR) downgraded to Neutral from Overweight at JPMorgan... Rackspace (RAX) downgraded to Outperform from Buy at CLSA... Rosetta Resources (ROSE) downgraded to Sector Weight from Overweight at KeyBanc... SouFun (SFUN) downgraded to Hold from Buy at Deutsche Bank... Verizon (VZ) downgraded to Underperform from Neutral at Macquarie.
06:50 EDTPORPortland General Electric downgraded to Neutral from Overweight at JPMorgan
Subscribe for More Information
06:36 EDTPORPortland General Electric downgraded to Neutral from Overweight at JPMorgan
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use