All Posts Tagged With: "NI"
(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...
(D) Dominion Resources Installs New Scrubber
Dominion Resources Inc. (D) said its unit Dominion Virginia Power has installed a new pollution control equipment in its Chesterfield Power Station in Richmond with a view to reduce emission from this power...
(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...
(NI) NiSource Quarterly Earnings Report Meets Expectations
Diversified utility NiSource Inc. (NI) posted first quarter 2011 net operating earnings of 72 cents per share, in line with the Zacks Consensus Estimate as well as year-ago results. Net operating earnings totaled...
(NI) NiSource Incorporated – Bull of the Day
We have upgraded our recommendation for NiSource (NI) to Outperform, as we believe the recent equity issue removes a key apprehension on the stock. The issue makes way for the company to reach its $1 billion...
(D) Dominion Resources Announces $250 Million Debt Issuance
Energy utility Dominion Resources Inc. (D) announced that it will sell $250 million in debentures. The debentures will mature on Sep 1, 2015, and will have an interest rate of 2.25%.
Dominion Resources...
(NI) NiSource’s Report Slumps Below Forecast
NiSource Inc. (NI) reported operating earnings of 35 cents per share, a penny below the Zacks Consensus Estimate of 36 cents and down 24% from 46 cents reported last year. Earnings for full year 2009 declined...
(CMS) CMS Energy Raises Dividend by 20%
CMS Energy (CMS) has raised the quarterly dividend on its common stock by 20% to 15 cents per share, up from 12.5 cents per share. This action has increased the annualized dividend from 50 cents to 60 cents....
(CMS) CMS Energy Issues Senior Notes
CMS Energy (CMS) sold $300 million of senior unsecured notes, due 2020 at a coupon rate of 6.25%. The company plans to use the proceeds to retire existing long-term debt.
CMS Energy has a strong balance...
(MWE) MarkWest Energy Partners’ Unit Signs Gas Deals
MarkWest Liberty Midstream & Resources – a majority-owned joint venture of MarkWest Energy Partners L.P. (MWE) – yesterday announced the signing of definitive agreements with subsidiaries of Chesapeake Energy Corp. (CHK) and Statoil...