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Stock Market & Financial Investment News

News Breaks
April 30, 2014
07:03 EDTWECWisconsin Energy reports Q1 EPS 91c, consensus 84c
Reports Q1 revenue $1.70B, consensus $1.33B
News For WEC From The Last 14 Days
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June 30, 2015
10:01 EDTWECOn The Fly: Analyst Initiation Summary
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06:10 EDTWECWisconsin Energy reinstated with an Equal Weight at Barclays
Target $49.
June 29, 2015
17:05 EDTWECWisconsin Energy initiated with a Buy at Mizuho
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10:51 EDTWECSupreme Court overrules EPA regulations on power plant pollution, The Hill says
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10:37 EDTWECWisconsin Energy completes acquisition of Integrys
Wisconsin Energy (WEC) announced it has completed the acquisition of Integrys Energy (TEG), forming the WEC Energy Group. The new company will provide electricity and natural gas to 4.4M customers across four states through its customer facing brands. The new dividend level for Wisconsin Energy shareholders as previously announced is effective today and represents an increase of 8.3% over the previous quarterly rate. The payout target for the combined company is 65%-70% of earnings. In connection with the acquisition, shares of Integrys common stock will be delisted and cease trading on the New York Stock Exchange before trading opens on June 30. Under the terms of the merger agreement, shareholders of Integrys will receive 1.128 shares of Wisconsin Energy Common stock and $18.58 in cash for each share of Integrys common stock they held immediately prior to the closing of the acquisition.
June 26, 2015
15:14 EDTWECWisconsin Energy, Integrys deal to close on June 29
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June 24, 2015
13:42 EDTWECWisconsin Energy says Illinois approves acquisition of Integrys Energy
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June 18, 2015
08:46 EDTWECWisconsin Energy upgraded to Buy from Hold at Gabelli
Gabelli upgraded Wisconsin Energy (WEC) to Buy to reflect operational synergies from the Integrys Energy (TEG) merger.

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