All Posts Tagged With: "PPL"
(EXC) Exelon Beats Quarterly Earnings Expectations
Exelon Corporation (EXC) announced second-quarter 2011 operating earnings of $1.05 per share, up from 99 cents per share in the year-ago quarter and ahead of the Zacks Consensus Estimate of 97 cents.
The...
(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...
(BSX) Company News for June 27, 2011 – Corporate Summary
• Google Inc. (NASDAQ:GOOG) confirmed that it has received a formal notification from the U.S. Federal Trade Commission, which is investigating if Google’s search engine poses any threat for its peers
• ...
(SBS) Top-Forecast Utilities Stocks Rated by ValuEngine.com
Below, we present the latest data on the Utilities Sector from our Institutional software package (VEI). We applied some basic liquidity criteria–share price greater than $3 and average daily volume in excess of 100k shares. Utilities–along with Medical Sector...
(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...
(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...
(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...
(AEE) Ameren Analysts Upgrade Shares to Outperform
We recently upgraded our recommendation for Ameren Corporation (AEE) from Neutral to Outperform.
Ameren’s stable and regulated electric power operations in the Midwest generate a relatively stable...
(C) Company News for September 2, 2010 – Corporate Summary
• Canadian Solar (NASDAQ:CSIQ) reported worse-than-expected second-quarter earnings of 7 cents a share, below estimates of 15 cents, on better-than-estimated revenues of $328.7 million, versus estimates of $306 million
• VimpelCom (NYSE:VIP) posted worse-than-anticipated...
(GDP) Alternative Energy Stock Review – August 2010
OUTLOOK
Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in a recovery mode. And while stock prices of alternative energy companies have recovered from their lows, valuations still remain...
(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...
(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...
(PPL) PPL Corporation Gets Department of Energy Grant
PPL Electric Utilities, a subsidiary of PPL Corp. (PPL), signed a contract with the U.S. Department of Energy, receiving 50% funding for its $38 million Smart Grid project. The grant will help the company...
(CNP) CenterPoint Energy Gets Grant
CenterPoint Energy Inc.’s (CNP) electric transmission and distribution subsidiary, CenterPoint Energy Houston Electric, LLC, has signed an agreement with the U.S. Department of Energy (DOE) for a $200 million...
(PPL) PPL Corporation Awards $70 Million Contract and Creates Jobs
Recently, PPL Electric Utilities, a subsidiary of PPL Corporation (PPL) awarded a contract of over $70 million to Valmont Industries Inc. for the Susquehanna-Roseland power line. The contract is expected to...
(CNP) CenterPoint Energy Raises Dividend
CenterPoint Energy Inc. (CNP) raised quarterly dividend on its common stock by 2.6% to 19.5 cents from 19 cents per share. The dividend is payable on Mar 10, 2010, to shareholders of record as on Feb 16, 2010....
(DTE) DTE Energy Confirms Earnings Guidance
DTE Energy Co. (DTE) confirmed its fiscal 2009 earnings per share guidance of $3.20 to $3.40. In addition, DTE Energy confirmed its 2010 outlook of $545 million to $610 million in operating earnings. The company...
(PPL) PPL Corporation’s Plant Granted License Approval
Recently, PPL Corp.’s (PPL) Susquehanna nuclear power plant received a 20-year extension of the operating licenses for both reactors at the plant. The Nuclear Regulatory Commission (NRC) approved extension...
(PPL) PPL Corporation Beats Consensus – Reaffirms Guidance
PPL Corp. (PPL) today reported third-quarter earnings from continuing operations of 52 cents per share, beating the Zacks Consensus Estimate of 44 cents and last year’s profit of 45 cents. The better-than-expected...