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Stock Market & Financial Investment News

News Breaks
March 21, 2013
08:46 EDTENOC, GE, SO, ED, AEP, HON, DUKBernstein to host a conference
Electrical Equipment & U.S. Utilities Long View Conference is being held in Bernstein's New York offices on March 21.
News For SO;DUK;AEP;GE;HON;ED;ENOC From The Last 14 Days
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April 15, 2014
10:18 EDTGEGE Healthcare completes acquisition of CHCA Computer Systems
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10:01 EDTGEGeneral Electric says Dan Janki to lead GE's Treasury operations
GE Chairman and CEO Jeff Immelt announced the appointment of Dan Janki to lead GE’s Treasury operations, succeeding Kathy Cassidy, who is retiring later this year after 35 years of service to GE. Mark Begor, who currently leads GE Capital’s Real Estate business, will succeed Janki as president & CEO of GE Energy Management. Alec Burger, currently the North America leader for GE Capital Real Estate, will succeed Mark Begor as president & CEO of GE Capital Real Estate. The CEO appointments are effective immediately and the formal Treasury transition will be effective by the end of April.
10:00 EDTENOCOn The Fly: Analyst Upgrade Summary
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07:57 EDTDUKDuke board may face contentious meeting with directors targeted, FT says
California’s state pension fund and New York City’s retirement system jointly wrote to fellow shareholders urging them to withhold support for members of Duke Energy’s regulatory policy and oversight committee at the company’s upcoming shareholder meeting on May 1, citing the company's environmental record and poor relationship with regulators, said Financial Times. Reference Link
06:04 EDTGEGE CEO may give up leadership earlier than 20-year tenure, WSJ says
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05:31 EDTENOCEnerNOC upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded EnerNOC to Overweight as it believes the PJM auction results to be posted on May 23 will show significantly improved pricing. The firm raised its price target for the stock to $24.50 from $21.
April 14, 2014
13:46 EDTDUKNYC Pension Funds, CalPERS vote against four Duke Energy directors
NYC Pension Funds and CalPERS announced that they will vote against four director nominees to Duke Energy's board for what the funds said was a failure to, "fulfill their obligations of risk oversight as members of a committee overseeing health, safety, and environmental compliance at the company." The funds cite the February coal ash spill into the Dan River in North Carolina, and said that they held a call to discuss concerns with management, and that their request to speak with the board was not passed on.
11:54 EDTGEGE reports Omnyx gets FDA clearance for digital manual read of HER2 slides
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08:06 EDTENOCEnerNOC promotes CFO Neil Moses to COO, CFO
EnerNOC (ENOC) announced that CFO Neil Moses has been appointed COO. Moses currently oversees domestic operations, and under this new role, will assume additional responsibility for certain international operations, including the operations of EnTech (ENSL), which recently entered into an agreement to be acquired by EnerNOC. Oliver Dowson, EnTech's CEO, will report to Moses. With the recent acquisitions and the closing of EnTech, EnerNOC will have over 1,000 employees, 30% of whom are located outside of the United States.
07:03 EDTENOCEnerNOC to acquire EnTech
EnerNOC announced that it has entered into an agreement to acquire EnTech. EnTech's software is currently deployed in over 100 countries, including many of the world's fastest growing economies, such as China, India, and Brazil. EnTech generates approximately $10M in revenue annually and has offices in eight countries. It is headquartered in the United Kingdom and operates a software development center in Mumbai, India with approximately 100 employees at that location. The transaction is expected to close in April.
April 10, 2014
10:01 EDTSOSouthernLINC Wireless renews contract with Georgia Technology Authority
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09:03 EDTGEGE to provide grid modernization solutions to Furnas
GE’s Digital Energy business is providing Furnas and Triangulo Mineiro Transmissora/Geoenergia with the latest in protection and control equipment to ensure performance and quality for each of the utility’s grid modernization projects. Furnas is one of the biggest utilities in Latin America and is responsible for power transmission in south, southeast and mid west Brazil. These projects, which support the modernization of Brazil’s grid, mark GE’s entry into Brazil’s ANEEL transmission auctions. The auctions were won in December 2013 by TMT, a collaborative utility composed of Furnas and FIP Milao, with Furnas being the largest participant at 49%.
07:27 EDTAEPSenate Energy & Natural Resources Committee to hold a hearing
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07:02 EDTDUKDuke Energy EPS, dividend growth could accelerate 2016-2018, says Bernstein
Bernstein believes that Duke Energy's EPS and dividend growth could accelerate from 2016-2018. The firm raised its price target on the stock to $78 from $77 but keeps a Market Perform rating on the shares.
April 9, 2014
09:10 EDTGEWal-Mart to purcahse energy-efficient LED ceiling lighting fixtures from GE
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April 8, 2014
09:07 EDTGEGE Healthcare receives FDA clearance of its Q.Clear technology
GE Healthcare, a unit of General Electric, announced that it received U.S. FDA 510 clearance of its Q.Clear technology -- technology that can provide up to two times improvement in both quantitative accuracy and image quality in PET/CT imaging. This is an innovative new tool for clinicians across the entire care continuum including diagnosis, staging, treatment planning, and treatment assessment.
08:03 EDTGEGE unit provides $50M loan for Illinois power plant
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07:24 EDTGEPR News to hold a conference
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April 7, 2014
09:39 EDTHONHoneywell announces CFO to retire, Vice Chairmen promoted
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07:39 EDTGEBloomberg to hold a summit
The Future of Energy Summit 2014 is being held in New York on April 7-9.
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