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Stock Market & Financial Investment News

News Breaks
March 21, 2013
08:46 EDTSO, DUK, AEP, GE, HON, ED, ENOCBernstein 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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August 29, 2014
08:44 EDTGEQuirky drops out of bidding to buy appliance unit from GE, Bloomberg says
08:42 EDTDUKDuke Energy Indiana proposes $1.9B plan to modernize energy grid
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August 28, 2014
12:01 EDTDUKDuke Energy to retires coal operations at W.C. Beckjord Station
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August 27, 2014
13:19 EDTDUKDuke Energy files Keowee-Toxaway license application
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August 25, 2014
12:06 EDTAEPAmerican Electric reaffirms FY14 operating EPS view $3.35-$3.55, consensus $3.49
American Electric Power announced Brian Tierney, AEP executive vice president and CFO, will present at the Barclays CEO Energy-Power Conference Sept. 3. During the conference, AEP will reaffirm its 2014 operating earnings guidance of $3.35 to $3.55 per share.
10:01 EDTGEHill-Rom reports settlement in patent infringement lawsuit with GE
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10:00 EDTDUKOn The Fly: Analyst Initiation Summary
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07:54 EDTDUKDuke Energy coverage resumed with an Equal Weight at Morgan Stanley
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07:34 EDTGEBristow Group appoints Akiri Chief Corporate Development officer
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07:31 EDTDUKDynegy deal synergies seem quite conservative, says UBS
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07:02 EDTDUKDuke Energy asset sales positive, says RBC Capital
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August 22, 2014
18:16 EDTGEGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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18:05 EDTGEGeneral Electric awarded $123.4M government contract
General Electric Company, Lynn, Massachusetts, has been awarded a maximum $123,409,100 firm-fixed-price contract for compressor parts. This contract is a sole-source acquisition. This is a five-year base contract, with no option periods. Location of performance is Massachusetts, with an Aug. 21, 2019 performance completion date. Using military service is Army. Type of appropriation is fiscal 2014 Army working capital funds. The contracting activity is the Defense Logistics Agency Aviation, Redstone Arsenal, Alabama.
08:01 EDTGEGE CFS, VNG.co to support expansion of CNG fueling infrastructure
GE Capital Fleet Services announced an agreement with VNG.co, a national CNG fueling facility provider, to support the expansion of the CNG refueling infrastructure for light-duty fleet vehicles. Through the agreement with VNG, GE Capital Fleet Servicesí customers will be able to take advantage of the increasing accessibility of CNG fueling stations, minimize overall fuel costs and meet financial and environmental objectives through the use of a lower cost, more stably priced, environmentally friendly and domestically sourced fuel.
07:05 EDTDUKDynegy says synergy targets include cost reductions in excess of $40M per year
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07:03 EDTDUKDuke Energy to sell Midwest generation business to Dynegy
Duke Energy (DUK) announced Dynegy (DYNIQ) will buy its non-regulated Midwest Commercial Generation Business for $2.8B in cash, which includes ownership interests in 11 power plants and Duke Energy Retail Sales. The completion of the transaction is conditioned on approval from the Federal Energy Regulatory Commission, the expiration of the waiting period under the Hart-Scott Rodino Act, and the release of certain credit support obligations. Closing is expected to occur in three to six months. As a result of this announcement, in the third quarter Duke Energy will recognize an approximate $500M pre-tax reversal of the $1.4B impairment previously recognized in 2014. Use of the proceeds is being evaluated. The transaction is expected to be accretive to shareholders by 2016. The Duke Energy Ohio and Kentucky and Duke Energy Indiana regulated utilities are not a part of the transaction. The company began the process to exit its Midwest Commercial Generation Business in February 2014.
07:01 EDTDUKDynegy to acquire assets from Duke Energy and Energy Capital Partners
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August 20, 2014
16:10 EDTDUKDuke Energy continues to make progress cleaning up Ohio River oil spill
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08:11 EDTGEGE Healthcare Life Sciences announces new U.S. headquarters in MA
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07:10 EDTAEPAmerican Electric total return outlook compelling, says Wells Fargo
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