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Stock Market & Financial Investment News

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February 15, 2013
16:17 EDTPORPortland General Electric asks OUPC to review customer prices
Portland General Electric asked the Oregon Public Utility Commission to review the utility's costs of providing service and approve new customer prices to take effect in January 2014. Factors driving the request for an overall 6.2% increase include improvements to existing power plants and wind forecasting, new Clackamas River fish-sorting facilities, a disaster-preparedness center, technology investments, employee benefit costs and new federal regulations.
News For POR From The Last 14 Days
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February 12, 2016
05:35 EDTPORPortland General Electric expects Carty Generating System in service by July
PGE currently estimates that the total capital expenditures for Carty will range from $620 million to $655 million, including AFDC, and is targeting an in service date in July 2016. PGE is currently in discussions with the sureties regarding their obligations under the performance bond. The company believes that the sureties will have an obligation under the performance bond to contribute funds toward the completion of Carty. However, the sureties have not yet made a determination with respect to their obligations. Accordingly, the amount of potential recovery of costs under the performance bond remains uncertain and cannot be reasonably estimated at this time. For additional information on Carty construction refer to PGE's Form 10-K for 2015 issued on Feb. 12, 2016.
05:34 EDTPORPortland General Electric sees FY16 EPS $2.20-$2.35, consensus $2.34
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05:33 EDTPORPortland General Electric reports Q4 EPS 57c, consensus 62c
Reports Q4 revenue $499M, consensus $544.39M.

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