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Stock Market & Financial Investment News

News Breaks
February 22, 2013
05:42 EDTPORPortland General Electric reports Q4 EPS 38c, consensus 41c
Reports Q4 revenue $463M, consensus $489.19M. Total revenues decreased $16M, or 3%, in 4Q12 compared with the 4Q11. This was largely due to a 2% decrease in the volume of energy sold and delivered, due to warmer weather, and a 2% retail price decrease, reflecting lower expected power costs. Residential energy deliveries decreased 6%, due to warmer temperatures in the 4Q12 compared with 2011, partially offset by a 1% increase in commercial and industrial deliveries combined. Adjusting for the effects of weather, total retail deliveries were up approximately 1.4% in Q4.
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September 8, 2014
10:06 EDTPOROn The Fly: Analyst Downgrade Summary
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05:50 EDTPORPortland General Electric downgraded to Market Perform at Wells Fargo
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