All Posts Tagged With: "FE"

(ACI) Coal Industry Stock Review – April 2012 – Industry Outlook

Coal has been used for nearly as long as mankind has thrived. From the times of the cavemen to present day, coal is used for everything from cooking to heating to running steam-powered trains to generating electricity.

Today, coal is burned as fuel or gasified to create...

24Apr2012 | | Comments Off | Continued

(VE) Are Utility Stocks A Good Bet in 2012?

U.S.electric utility segment includes electric, natural gas pipeline and distributors, water, and independent power producers. The segment was among the most stable sectors in fiscal 2011 in terms of return.

Fiscal 2011 witnessed continued volatility from the European...

8Jan2012 | | 0 comments | Continued

(AEP) Coal Industry Stock Review – December 2011 – Industry Outlook

Coal has been used for nearly as long as mankind has thrived, for everything including cooking, making clay pots, heating, as fuel to run steam-powered trains, to make weapons, heating homes, generating electricity, powering railroads and boats, and fueling factories.

Today,...

15Dec2011 | | 0 comments | Continued

(PPL) PPL Corporation Ensures Nuclear Safety

PPL Corporation (PPL) said that Unit 2 of the Susquehanna nuclear plant near Berwick, Pennsylvania resumed generation after routine maintenance outages. The outage period was extended as the company had to...

1Jul2011 | | 0 comments | Continued

(GOOG) Seeking Yield from Stocks Instead of Bonds – AAII Investor Update

Income-oriented investors have yet another reason to be upset with the bond markets. Junk bond yields fell to a record low a few days ago and are staying near those levels. As of Wednesday evening, the Barclays U.S. Corporate High Yield index yielded a mere 6.68%, which isn’t...

23May2011 | | 0 comments | Continued

(AMR) Company News for May 17, 2011 – Corporate Summary

•    NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:

18May2011 | | 0 comments | Continued

(AMR) Company News for May 17, 2011 – Corporate Summary

•    NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:

17May2011 | | 0 comments | Continued

(AEP) Stock Market News for May 11, 2011 – Market News

International and domestic affairs combined to add strength to the markets at the fag-end of the earnings season. Benchmarks enjoyed their stay in the green for the third consecutive trading day, driven by strong gains in utilities, Microsoft’s plans to buy Skype, domestic...

11May2011 | | 0 comments | Continued

(PEG) Public Service Enterprise Group Installs Solar Rooftops

Public Service Electric and Gas Company (PSE&G), a subsidiary of Public Service Enterprise Group Inc. (PEG), along with Matrix Development Group completed installation of two solar rooftops at adjacent...

4May2011 | | 0 comments | Continued

(FE) FirstEnergy Posts Mixed First Quarter Results

Diversified energy company FirstEnergy Corp. (FE) announced its first-quarter 2011 operating earnings of 69 cents per share, falling short of the Zacks Consensus Estimate of 74 cents per share and year-ago...

3May2011 | | 0 comments | Continued

(PPL) PPL Corporation Announces Stock Offering for Central Networks Electricity Distribution

PPL Corporation (PPL) has announced public offerings of common stock and equity units to pay for its recently acquired Central Networks electricity distribution businesses in the United Kingdom. The offerings...

13Apr2011 | | 0 comments | Continued

(FE) FirstEnergy Concludes Allegheny Energy Buy

FirstEnergy Corp. (FE) on Friday concluded its long-awaited merger deal with Allegheny Energy Inc. (AYE), thus creating one of the nation’s...

4Mar2011 | | 0 comments | Continued

(DUK) Duke Energy Finishes Construction of Fourth Wind Farm in Wyoming

Duke Energy Corporation(DUK) completed the construction of its fourth wind farm in Wyoming. The 200-megawatt (MW) wind farm titled Top of the World, located in Converse County will supply wind energy to PacifiCorp...

12Oct2010 | | 0 comments | Continued

(AYE) Allegheny Energy Redeems Debt

In a process to strengthen its balance sheet, Allegheny Energy Inc. (AYE) announced that its unit, Energy Supply Company, LLC (AE Supply), will redeem all outstanding $150.5 million 7.80% Medium Term Notes...

1Aug2010 | | 0 comments | Continued

(AYE) Allegheny Energy Gains Approval for Rate Hike

Allegheny Energy Inc. (AYE) received approval from the Public Service Commission of West Virginia to increase the base rate for its residential consumers. The base rate covers the cost of operation and capital...

29Jun2010 | | 0 comments | Continued

(DUK) Duke Energy Diversifies Ownership in Subsidiary

Duke Energy Corporation (DUK) in a prudent move sold 50% stake in its subsidiary DukeNet to Alinda Capital Partners LLC for $137 million in cash. Duke Energy will continue to own the remaining 50% in DukeNet....

28Jun2010 | | 0 comments | Continued

(DUK) Duke Energy Secures $200 Million in Credit

Duke Energy Corporation (DUK) and its wholly owned subsidiary, Duke Energy Carolinas, have entered into a new four-year senior unsecured revolving credit facility with regional, community and minority-owned...

13Apr2010 | | 0 comments | Continued

(AYE) Allegheny Sees Base Rate Hike in West Virginia

Allegheny Energy (AYE) reached an agreement with the Public Service Commission of West Virginia, the Consumer Advocate Division and other parties regarding its request for a base rate hike. However the approval...

6Apr2010 | | 0 comments | Continued

(FE) FirstEnergy’s Earnings Report Tops Expectations

FirstEnergy Corp. (FE) posted fourth-quarter adjusted earnings of 77 cents per share, topping the Zacks Consensus Estimate of 74 cents. The better-than-expected results were driven by lower operation and maintenance...

23Feb2010 | | 0 comments | Continued

(DUK) Duke Energy Corporation Buys Solar Project

Duke Energy Corporation (DUK) has brought a commercial solar photovoltaic power project under development in San Antonio, Texas. The company purchased the project titled Blue Wing Solar Project from Juwi Solar...

26Jan2010 | | 0 comments | Continued

(DUK) Duke Energy Gets Rate Increase Approval

Duke Energy Corporation (DUK) got regulatory approval from the Public Service Commission of South Carolina for a general rate case increase of $74.1 million (or 5.2%), which will be effective from Feb. 1,...

21Jan2010 | | 0 comments | Continued

(DUK) Duke Energy Settles with U.S. Environmental Protection Agency

Duke Energy Corporation (DUK) has reached a settlement with the U.S. Environmental Protection Agency, and the U.S. Department of Justice on a lawsuit pertaining to a clean air violation at Duke Energy’s...

29Dec2009 | | 0 comments | Continued

(FE) FirstEnergy Corporation Joins PJM Interconnection LLC, Sells Michigan Plant

FirstEnergy Corporation (FE), through its subsidiary American Transmission Systems, Inc., entered into an agreement to join PJM Interconnection LLC (PJM). The Federal Energy Regulatory Commission...

22Dec2009 | | 0 comments | Continued

(FE) FirstEnergy Corporation to Develop Norton Energy Storage Project

FirstEnergy Generation Corp., a subsidiary of FirstEnergy Corporation (FE), has acquired the rights to develop the Norton Energy Storage Project – compressed air energy storage (CAES) facility in Norton,...

24Nov2009 | | 0 comments | Continued

(FE) FirstEnergy Corporation’s Nuclear License Extended

FirstEnergy Nuclear Operating Co., a subsidiary of FirstEnergy Corp. (FE), received a 20-year license extension for the Beaver Valley Power Station Unit 1 and Unit 2 in Shippingport, Pennsylvania.

The...

12Nov2009 | | 0 comments | Continued

(ABB) Zacks #5 Rank Additions for Tuesday – Zacks Tale of the Tape

Here are the stocks added to the Zacks #5 Rank (“strong sell”) List today: