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	<title>Stock Blog Hub &#187; Allegheny Energy Inc.</title>
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		<title>(FE) FirstEnergy Concludes Allegheny Energy Buy</title>
		<link>http://www.stockbloghub.com/2011/03/04/fe-firstenergy-concludes-allegheny-energy-buy/67730</link>
		<comments>http://www.stockbloghub.com/2011/03/04/fe-firstenergy-concludes-allegheny-energy-buy/67730#comments</comments>
		<pubDate>Sat, 05 Mar 2011 00:50:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[DUK]]></category>
		<category><![CDATA[Duke Energy Corporation]]></category>
		<category><![CDATA[FE]]></category>
		<category><![CDATA[Firstenergy Corporation]]></category>
		<category><![CDATA[Northeast Utilities]]></category>
		<category><![CDATA[NST]]></category>
		<category><![CDATA[NSTAR]]></category>
		<category><![CDATA[NU]]></category>
		<category><![CDATA[PGN]]></category>
		<category><![CDATA[PPL]]></category>
		<category><![CDATA[PPL Corporation]]></category>
		<category><![CDATA[Progress Energy Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67730</guid>
		<description><![CDATA[FirstEnergy Corp. (FE) on Friday concluded its long-awaited merger deal with Allegheny Energy Inc. (AYE), thus creating one of the nation’s largest energy companies. The completion of the $4.7 billion merger, which was entered on February 11, 2010, marks the beginning of the companies’ combined operations. The newly formed energy behemoth will consist of 10 regulated electric distribution companies serving 6.1 million customers from Ohio to New Jersey. Operating across seven states the company’s net annual revenue will total about $16 billion with profit nearing $1.4 billion. Following the completion of the merger, FirstEnergy announced the reshuffling of some regional headquarters and revival of old names for some of its subsidiaries to underscore the company&#8217;s focus on regional operations. The reshuffled regional headquarters include those for Maryland and West Virginia ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/04/fe-firstenergy-concludes-allegheny-energy-buy/67730/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EIA) Alternative Energy Industry Outlook &#8211; January 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/01/18/eia-alternative-energy-industry-outlook-january-2011-industry-outlook/65345</link>
		<comments>http://www.stockbloghub.com/2011/01/18/eia-alternative-energy-industry-outlook-january-2011-industry-outlook/65345#comments</comments>
		<pubDate>Tue, 18 Jan 2011 23:43:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AEP]]></category>
		<category><![CDATA[ALE]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[ALLETE Inc]]></category>
		<category><![CDATA[American Electric Power Company Inc]]></category>
		<category><![CDATA[Ascent Solar Technologies Inc.]]></category>
		<category><![CDATA[ASTI]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[BIP]]></category>
		<category><![CDATA[Brookfield Infrastructure Partners L.P.]]></category>
		<category><![CDATA[China Sunergy Company Limited]]></category>
		<category><![CDATA[Consolidated Edison Inc.]]></category>
		<category><![CDATA[CSUN]]></category>
		<category><![CDATA[DPL]]></category>
		<category><![CDATA[DPL Inc.]]></category>
		<category><![CDATA[DTE]]></category>
		<category><![CDATA[DTE Energy Company]]></category>
		<category><![CDATA[Eaton Vance Insured California Municipal Bond Fund]]></category>
		<category><![CDATA[ED]]></category>
		<category><![CDATA[EIA]]></category>
		<category><![CDATA[First Solar Inc.]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Goodrich Petroleum Corporation]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[ITC Holdings Corporation]]></category>
		<category><![CDATA[JA Solar Holdings Company Limited]]></category>
		<category><![CDATA[JASO]]></category>
		<category><![CDATA[LDK]]></category>
		<category><![CDATA[LDK Solar CompanyLimited]]></category>
		<category><![CDATA[OGE]]></category>
		<category><![CDATA[OGE Energy Corporation]]></category>
		<category><![CDATA[RES]]></category>
		<category><![CDATA[RPC Inc.]]></category>
		<category><![CDATA[SPWRA]]></category>
		<category><![CDATA[Sunpower Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=65345</guid>
		<description><![CDATA[OUTLOOK Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in recovery mode. And while the economy is in recovery mode, so is our hope for the industry. The growth outlook of alternative energy companies is closely tied to the fortunes of the economy. Despite some lingering concerns, the global economic expansion remains on track. Per the Energy Information Administration (EIA), in its latest release U.S. electricity consumption is expected to rise year-over-year by 4.7% in 2010. Going forward, in fiscal 2011 we expect the U.S. Gross Domestic Product (GDP) to grow 3.7% year-over-year. Along with this, a faster decline in the unemployment rate will jack up electricity demand, funneling investor interest in the sector. Also, the outlook for the major emerging ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/18/eia-alternative-energy-industry-outlook-january-2011-industry-outlook/65345/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CEG) Constellation Energy Group Offers to Sell Assets</title>
		<link>http://www.stockbloghub.com/2010/11/01/ceg-constellation-energy-group-offers-to-sell-assets/55614</link>
		<comments>http://www.stockbloghub.com/2010/11/01/ceg-constellation-energy-group-offers-to-sell-assets/55614#comments</comments>
		<pubDate>Mon, 01 Nov 2010 14:18:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AEP]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[American Electric Power Company Inc]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[CEG]]></category>
		<category><![CDATA[Constellation Energy Group Inc]]></category>
		<category><![CDATA[DUK]]></category>
		<category><![CDATA[Duke Energy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55614</guid>
		<description><![CDATA[Energy utility Constellation Energy Group Inc.(CEG) offered to dispose its interest in a Maryland nuclear power plant to its French partner Electricite de France at the bargain price of $1. However, Constellation will ask its French partner to reimburse expenses of $117 million, which the company had incurred while developing the nuclear asset. With a view to constructing the third nuclear reactor at Constellation&#8217;s Calvert Cliffs plant in Maryland, the companies entered into a joint venture to form UniStar. Constellation decided to back out of the joint venture citing higher construction costs and a fall in the prices for natural gas that dampened the prospects of the project. Constellation’s lack of interest in the project was more evident when it decided to drop its application for a federal loan guarantee ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/01/ceg-constellation-energy-group-offers-to-sell-assets/55614/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(D) Dominion Resources Announces $250 Million Debt Issuance</title>
		<link>http://www.stockbloghub.com/2010/09/07/d-dominion-resources-announces-250-million-debt-issuance/50107</link>
		<comments>http://www.stockbloghub.com/2010/09/07/d-dominion-resources-announces-250-million-debt-issuance/50107#comments</comments>
		<pubDate>Tue, 07 Sep 2010 22:08:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AEP]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[American Electric Power Company Inc]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[D]]></category>
		<category><![CDATA[Dominion Resources Inc.]]></category>
		<category><![CDATA[NI]]></category>
		<category><![CDATA[Nisource Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50107</guid>
		<description><![CDATA[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 offered the debentures at 99.854% of face value and will yield 2.281% when held till maturity. The company intends to use the net proceeds from the issue for general corporate purposes. Dominion will also utilize the proceed to fund its projected fourth-quarter capital requirement, and redeem a portion of the maturity amount of its $200 million in 6% debentures due on Oct 15, 2010 and its $300 million in 4.75% senior notes due on Dec 15, 2010. Dominion&#8217;s total long-term debt at the end of second-quarter 2010 were $15.34 billion versus $15.48 billion at the end of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/07/d-dominion-resources-announces-250-million-debt-issuance/50107/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Energy Redeems Debt</title>
		<link>http://www.stockbloghub.com/2010/08/01/aye-allegheny-energy-redeems-debt/44015</link>
		<comments>http://www.stockbloghub.com/2010/08/01/aye-allegheny-energy-redeems-debt/44015#comments</comments>
		<pubDate>Sun, 01 Aug 2010 23:58:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[D]]></category>
		<category><![CDATA[Dominion Resources Inc.]]></category>
		<category><![CDATA[FE]]></category>
		<category><![CDATA[Firstenergy Corporation]]></category>
		<category><![CDATA[PPL]]></category>
		<category><![CDATA[PPL Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44015</guid>
		<description><![CDATA[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 due on 2011. Allegheny ended the first quarter of 2010 with cash and cash equivalents of $185.9 million and intends to utilize its existing cash balance to repay debts. The company will require $161.6 million to repay its debts, which include accrued interest as well as an early redemption premium apart from the principal amount. Allegheny Energy’s major peers are Dominion Resources Inc. (D), FirstEnergy Corp. (FE), and PPL Corp (PPL). On a competitive landscape, Allegheny’s net margin is better than the net margins of its peers. We believe that the debt reduction will not only reduce future ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/01/aye-allegheny-energy-redeems-debt/44015/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CEG) Constellation Energy Group Joins GE Energy Financial Services And Others in Smart Grid Investment</title>
		<link>http://www.stockbloghub.com/2010/06/30/ceg-constellation-energy-group-joins-ge-energy-financial-services-and-others-in-smart-grid-investment/41998</link>
		<comments>http://www.stockbloghub.com/2010/06/30/ceg-constellation-energy-group-joins-ge-energy-financial-services-and-others-in-smart-grid-investment/41998#comments</comments>
		<pubDate>Wed, 30 Jun 2010 17:03:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AEP]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[American Electric Power Company Inc]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[CEG]]></category>
		<category><![CDATA[Constellation Energy Group Inc]]></category>
		<category><![CDATA[DUK]]></category>
		<category><![CDATA[Duke Energy Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[QCOM]]></category>
		<category><![CDATA[QUALCOMM Inc]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41998</guid>
		<description><![CDATA[Baltimore-based, Constellation Energy Group Inc. (CEG) joined forces with GE Energy Financial Services, a part of General Electric (GE), Qualcomm Inc. (QCOM), Verizon Ventures, a part of Verizon Communications Inc. (VZ) and others for the development of a smart grid technology. Jointly, the group injected funds totaling roughly $17.7 million in Raleigh, North Carolina-based, Consert Inc. for the purpose. Smart Grid is an energy technology that enables effective management of energy usage through real-time communication between utilities and customers. Earlier, Baltimore Gas and Electric Co., a regulated subsidiary of Constellation Energy that delivers electricity and natural gas, was barred by the Maryland Public Service Commission from initiating a smart grid project of its own. The $850 million project was rejected on the ground of being too costly for consumers. Constellation Energy ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/30/ceg-constellation-energy-group-joins-ge-energy-financial-services-and-others-in-smart-grid-investment/41998/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Energy Gains Approval for Rate Hike</title>
		<link>http://www.stockbloghub.com/2010/06/29/aye-allegheny-energy-gains-approval-for-rate-hike/41853</link>
		<comments>http://www.stockbloghub.com/2010/06/29/aye-allegheny-energy-gains-approval-for-rate-hike/41853#comments</comments>
		<pubDate>Tue, 29 Jun 2010 13:54:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[D]]></category>
		<category><![CDATA[Dominion Resources Inc.]]></category>
		<category><![CDATA[FE]]></category>
		<category><![CDATA[Firstenergy Corporation]]></category>
		<category><![CDATA[PPL]]></category>
		<category><![CDATA[PPL Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41853</guid>
		<description><![CDATA[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 investment of the utilities. This will imply a 4.5% increase in the monthly bill of a residential customer using 1,000 kilowatt hours of power in a month. Allegheny Energy’s two electric distribution utilities, Monongahela Power and The Potomac Edison Company, operate as Allegheny Power in the state. The company initially asked for a $122 million increase in electricity rates. The request was later revised to $95 million. The base rate revision will increase the monthly bill for a residential customer using 1,000 kilowatt-hours by $4.10 per month to $95.88 from $91.78 as of June 29, 2010. The ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/29/aye-allegheny-energy-gains-approval-for-rate-hike/41853/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GDP) Alternative Energy Stock Review &#8211; May 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/05/24/gdp-alternative-energy-stock-review-may-2010-industry-outlook/38232</link>
		<comments>http://www.stockbloghub.com/2010/05/24/gdp-alternative-energy-stock-review-may-2010-industry-outlook/38232#comments</comments>
		<pubDate>Tue, 25 May 2010 03:43:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[China Sunergy Company Limited]]></category>
		<category><![CDATA[CMS]]></category>
		<category><![CDATA[CMS Energy Corporation]]></category>
		<category><![CDATA[CSUN]]></category>
		<category><![CDATA[DTE]]></category>
		<category><![CDATA[DTE Energy Company]]></category>
		<category><![CDATA[ESLR]]></category>
		<category><![CDATA[Evergreen Solar Inc.]]></category>
		<category><![CDATA[First Solar]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Goodrich Petroleum Corporation]]></category>
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		<category><![CDATA[JA Solar Holdings Company Limited]]></category>
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		<category><![CDATA[Rentech]]></category>
		<category><![CDATA[RTK]]></category>
		<category><![CDATA[SPWRA]]></category>
		<category><![CDATA[Sunpower Corporation]]></category>
		<category><![CDATA[UIL]]></category>
		<category><![CDATA[UIL Holdings Corporation]]></category>
		<category><![CDATA[Unitil Corporation]]></category>
		<category><![CDATA[UTL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38232</guid>
		<description><![CDATA[OUTLOOK The Alternative Energy industry is going through a recovery after emerging from the global recession and the cascading fall in global crude oil prices. Last year, quite a few alternative energy companies were in the trough. And although these companies have recovered from their lows, their valuations still remain attractive. The growth of alternative energy companies is closely tied to the fortunes of the economy. Despite some lingering concerns, particularly in the wake of the European sovereign debt issue, the global economic expansion remains on track. The outlook for the U.S. and key emerging markets remains positive. In the first quarter of fiscal 2010, the U.S. Gross Domestic Product (GDP) grew 3.2%, while sale of electricity to the industrial sector, per the Energy Information Administration (EIA) Incorporatedreased by 2.7% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/gdp-alternative-energy-stock-review-may-2010-industry-outlook/38232/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Energy Reports Short of Consensus</title>
		<link>http://www.stockbloghub.com/2010/05/06/aye-allegheny-energy-reports-short-of-consensus/36376</link>
		<comments>http://www.stockbloghub.com/2010/05/06/aye-allegheny-energy-reports-short-of-consensus/36376#comments</comments>
		<pubDate>Thu, 06 May 2010 20:28:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36376</guid>
		<description><![CDATA[Allegheny Energy Inc. (AYE) reported first quarter 2010 net income of $88.2 million or $0.52 per share, compared to $133.9 million or $0.79 per share in the year-earlier quarter. The decrease in year-over-year earnings was primarily due to certain non-recurring items. Excluding the one-time items, earnings of Allegheny Energy for first quarter 2010 were $102.9 million or $0.61 per share, compared to $114.1 million or $0.67 per share in the year-ago quarter. Earnings missed the Zacks Consensus Estimate of $0.70 for the quarter. Allegheny Energy’s adjusted operating revenues of approximately $1.1 billion in the reported quarter increased by about $135.0 million year-over-year. This was largely due to increased transmission expansion and capacity revenues, power hedges and higher rates in West Virginia for fuel and purchased power costs, partially offset by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/06/aye-allegheny-energy-reports-short-of-consensus/36376/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Sees Base Rate Hike in West Virginia</title>
		<link>http://www.stockbloghub.com/2010/04/06/aye-allegheny-sees-base-rate-hike-in-west-virginia/32920</link>
		<comments>http://www.stockbloghub.com/2010/04/06/aye-allegheny-sees-base-rate-hike-in-west-virginia/32920#comments</comments>
		<pubDate>Tue, 06 Apr 2010 21:06:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[FE]]></category>
		<category><![CDATA[Firstenergy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32920</guid>
		<description><![CDATA[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 of the Public Service Commission of West Virginia is pending. Allegheny Energy, as per the agreement, will receive a base rate increase of 3.8% ($40 million annualized) with effect from Jun 29, 2010. Subsequently, effective Jan 1, 2011, the company’s base rates will increase by another $20 million through reduction in fuel and purchased power costs. Allegheny Energy initially requested a $122 million hike in an August 2009 filing. After approval, Allegheny Energy estimates the monthly bill for a residential customer consuming 1,000 kilowatt-hours will increase from $91.78 to $95.88, or by 4.5%, in Jun 2010. Allegheny Energy ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/06/aye-allegheny-sees-base-rate-hike-in-west-virginia/32920/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Energy Tops Consensus View</title>
		<link>http://www.stockbloghub.com/2010/02/05/aye-allegheny-energy-tops-consensus-view/27211</link>
		<comments>http://www.stockbloghub.com/2010/02/05/aye-allegheny-energy-tops-consensus-view/27211#comments</comments>
		<pubDate>Sat, 06 Feb 2010 01:11:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27211</guid>
		<description><![CDATA[Allegheny Energy (AYE) has beaten the Zacks Consensus EPS estimate of 51 cents by reporting EPS of 66 cents in the fourth quarter of fiscal 2009. The upbeat trend was reflected in fiscal 2009 results as well, where EPS of $2.33 shot past Zacks Consensus EPS estimate of $2.17 and fiscal 2008&#8242;s $2.30 per share. Out of the 12 analysts covering the stock, two have revised downwards their estimates in the last 30 days for fiscal 2010. Allegheny Energy’s upsurge in earnings has yet to be reflected in the Zacks Consensus EPS Estimate of $2.24 for fiscal 2010. Allegheny Energy’s operating revenues of $861.1 million in the reported quarter increased by $153.3 million year-over-year. This was due to higher generation rates in Pennsylvania, power hedges Incorporatedreased capacity revenue and sales ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/05/aye-allegheny-energy-tops-consensus-view/27211/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(AYE) Allegheny Energy to Issue Notes</title>
		<link>http://www.stockbloghub.com/2010/01/25/aye-allegheny-energy-to-issue-notes/25914</link>
		<comments>http://www.stockbloghub.com/2010/01/25/aye-allegheny-energy-to-issue-notes/25914#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:27:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AES]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[TE]]></category>
		<category><![CDATA[TECO Energy Inc.]]></category>
		<category><![CDATA[The AES Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25914</guid>
		<description><![CDATA[Allegheny Energy Inc.’s (AYE) subsidiary Trans-Allegheny Interstate Line Company (TrAILCo) will issue $450 million aggregate principal amount of 4.0% unsecured notes due 2015. TrAILCo will also enter a new $350 million, three-year unsecured revolving credit facility concurrently with the closing of the notes offering. TrAILCo will use the net proceeds from the notes, together with funds from the new credit facility, to repay all amounts outstanding under its existing credit facility. Allegheny Energy has successfully reduced its long-term debt from a high of $5.1 billion at year-end 2003 to $4.3 billion after the first nine months of 2009, with long term debt-to-capitalization of 58.6%, much lower than the industry figure of 68%. The company ended the first nine months of fiscal 2009 with $278.3 million of cash and cash equivalents ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/25/aye-allegheny-energy-to-issue-notes/25914/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(AYE) Allegheny Energy Withdraws From Virginia PATH Project</title>
		<link>http://www.stockbloghub.com/2009/12/30/aye-allegheny-energy-withdraws-from-virginia-path-project/23937</link>
		<comments>http://www.stockbloghub.com/2009/12/30/aye-allegheny-energy-withdraws-from-virginia-path-project/23937#comments</comments>
		<pubDate>Wed, 30 Dec 2009 21:30:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AEP]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[American Electric Power Company Inc]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23937</guid>
		<description><![CDATA[Allegheny Energy Inc. (AYE) has requested Virginia State Corporation Commission for permission to withdraw its previously submitted application to build the Potomac-Appalachian Transmission Highline (PATH) project in Virginia. The company has teamed up with American Electric Power Company Inc. (AEP) in the project. Allegheny Energy’s request for withdrawal from the project comes after considering new information provided by regional grid operator PJM Interconnection (PJM), suggesting the project appears unnecessary in 2014. The project was contemplated to resolve reliability problems on the electric grid. PJM is in the process of preparing its more comprehensive 2010 Regional Transmission Expansion Plan (RTEP) to identify the problems in the grid. Allegheny Energy estimates based on the delivery of the 2010 RTEP later next year, a new application in Virginia is not expected before the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/30/aye-allegheny-energy-withdraws-from-virginia-path-project/23937/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(AYE) Allegheny Energy and American Electric Power Proceed With Transmission Line</title>
		<link>http://www.stockbloghub.com/2009/12/28/aye-allegheny-energy-and-american-electric-power-proceed-with-transmission-line/23744</link>
		<comments>http://www.stockbloghub.com/2009/12/28/aye-allegheny-energy-and-american-electric-power-proceed-with-transmission-line/23744#comments</comments>
		<pubDate>Tue, 29 Dec 2009 01:39:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AEP]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[American Electric Power Company Inc]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23744</guid>
		<description><![CDATA[Allegheny Energy Inc. (AYE) and American Electric Power (AEP), the joint venture partners for the multi-state transmission line, have proceeded with its PATH (Potomac-Appalachian Transmission Highline) project in Maryland and Virginia. The companies have taken several actions which will further align the project’s regulatory review activities and support their efforts to complete the project by June 2014. The PATH project consists of a 765-kilovolt transmission line extending from the Amos Substation in Putnam County, West Virginia, to the proposed Kemptown Substation near New Market, Maryland. The companies made two filings in Maryland and Virginia, designed to coordinate the procedural schedules and to enable the respective commissions to consider the need for the project based on the same facts. In the first filing, Allegheny’s affiliate, the Potomac Edison Company, submitted a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/28/aye-allegheny-energy-and-american-electric-power-proceed-with-transmission-line/23744/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>(AYE) Allegheny Energy Inc Issues Bonds</title>
		<link>http://www.stockbloghub.com/2009/12/18/aye-allegheny-energy-inc-issues-bonds/23221</link>
		<comments>http://www.stockbloghub.com/2009/12/18/aye-allegheny-energy-inc-issues-bonds/23221#comments</comments>
		<pubDate>Sat, 19 Dec 2009 00:29:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23221</guid>
		<description><![CDATA[Allegheny Energy Inc. (AYE) issued $85.9 million of environmental control bonds through two of its affiliates. The affiliates, MP Environmental Funding LLC and PE Environmental Funding LLC, will issue $64.4 million and $21.5 million of the bonds, respectively. The bonds will carry a coupon rate of 5.127% and are scheduled to mature in Jan 2030. The bonds are backed by an irrevocable financing order from the Public Service Commission of West Virginia, Standard &#38; Poor’s, Moody’s (MCO) and Fitch Ratings are expected to assign the bonds their highest credit ratings. Allegheny expects the transaction to close on Dec 23, 2009. Net proceeds from the sale of the bonds will finance certain costs related to the construction and installation of flue gas desulphurization (scrubber) equipment at the Fort Martin Power Station ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/18/aye-allegheny-energy-inc-issues-bonds/23221/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(AYE) Allegheny Energy Gets Regulatory Approval for Rate Hike</title>
		<link>http://www.stockbloghub.com/2009/11/14/aye-allegheny-energy-gets-regulatory-approval-for-rate-hike/20524</link>
		<comments>http://www.stockbloghub.com/2009/11/14/aye-allegheny-energy-gets-regulatory-approval-for-rate-hike/20524#comments</comments>
		<pubDate>Sat, 14 Nov 2009 22:27:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AES]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[TE]]></category>
		<category><![CDATA[TECO Energy Inc.]]></category>
		<category><![CDATA[The AES Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20524</guid>
		<description><![CDATA[Allegheny Energy Inc. (AYE) bagged approval from the Virginia State Corporation Commission to recover its cost of purchased power through rate hike. As per the approval, the company will be able to recover purchased power costs for the state of Virginia during the 12-month period ending Jun 30, 2010. However the regulatory body reduced the utility&#8217;s proposed rate increase of $19.4 million rate hike by $3.2 million. This is the second scaling down of Allegheny Energy’s proposed rate hike in Virginia . Earlier, in April 2009, the company had asked for $22.6 million rate hike, which was scaled down by $3.2 million to a $19.4 million. Allegheny Energy incurred purchased power costs, which increased $26.1 million and $77.7 million for the three and nine months ended September 30, 2009, respectively, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/14/aye-allegheny-energy-gets-regulatory-approval-for-rate-hike/20524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Energy Revises Rate Hike</title>
		<link>http://www.stockbloghub.com/2009/10/16/aye-allegheny-energy-revises-rate-hike/17701</link>
		<comments>http://www.stockbloghub.com/2009/10/16/aye-allegheny-energy-revises-rate-hike/17701#comments</comments>
		<pubDate>Fri, 16 Oct 2009 22:48:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AES]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>
		<category><![CDATA[TE]]></category>
		<category><![CDATA[TECO Energy Inc.]]></category>
		<category><![CDATA[The AES Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17701</guid>
		<description><![CDATA[Allegheny Energy Inc. (AYE) yesterday scaled down its proposed rate hike in Virginia . Earlier, in April 2009, the company had asked for $22.6 million rate hike, which it has now scaled down by $3.2 million to a $19.4 million. Allegheny has proposed the hike before the Virginia State Corporation Commission to recover its cost of purchased power. For a residential customer with a monthly consumption of 1,000 kilowatt-hours of power, Allegheny&#8217;s original proposal would have increased the bill by $5.47 to $96. The scaled-down proposal would result in a monthly bill of $94. Headquartered in Greensburg , Pennsylvania , Allegheny Energy is an electric utility company with over $3 billion in annual revenues. The company is engaged in both regulated electricity and natural gas distribution utility operations as well ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/16/aye-allegheny-energy-revises-rate-hike/17701/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Energy Announces Debt Issue</title>
		<link>http://www.stockbloghub.com/2009/09/23/aye-allegheny-energy-announces-debt-issue/15901</link>
		<comments>http://www.stockbloghub.com/2009/09/23/aye-allegheny-energy-announces-debt-issue/15901#comments</comments>
		<pubDate>Wed, 23 Sep 2009 20:02:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15901</guid>
		<description><![CDATA[Allegheny Energy (AYE) yesterday announced that its unregulated generation subsidiary Allegheny Energy Supply Company LLC (AE Supply) will issue $600 million aggregate principal amount of senior unsecured notes. Of the $600 million notes to be issued, $350 million notes come with a coupon rate of 5.75% due 2019. The rest $250 million notes come with a coupon rate of 6.75% notes due 2039. The company anticipates the notes offering to be completed by Oct 1, 2009. AE Supply will use the proceeds from the $600 million issue to repay a term loan of $447 million and refinance $150 million of its outstanding notes due 2011. The existing notes come with a dearer coupon rate of 7.80%. The company is focused on cleaning its balance sheet and reduce interest burden by refinancing ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/23/aye-allegheny-energy-announces-debt-issue/15901/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(AYE) Allegheny Seeks Cost Recovery</title>
		<link>http://www.stockbloghub.com/2009/09/02/aye-allegheny-seeks-cost-recovery/14273</link>
		<comments>http://www.stockbloghub.com/2009/09/02/aye-allegheny-seeks-cost-recovery/14273#comments</comments>
		<pubDate>Thu, 03 Sep 2009 01:42:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14273</guid>
		<description><![CDATA[Allegheny Energy, Inc.’s (AYE) electric delivery business unit, Allegheny Power, yesterday filed a petition with the Public Service Commission of West Virginia for the recovery of its fuel and purchased power in the state. Allegheny Power consists of Allegheny Energy’s three regulated electric utilities – Monongahela Power Company, The Potomac Edison Company and West Penn Power Company. The filing is in line with company’s aim to improve the bottom line in each state of its service area. The company has already been approved higher generation rates in Pennsylvania and Maryland, while in Virginia its request for recovery of purchased power costs has been granted. Allegheny Power proposed recovery of incurred costs of $82 million for fuel and purchased power, and to recover projected costs of $61 million from the state ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/02/aye-allegheny-seeks-cost-recovery/14273/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AYE) Allegheny Seeks Higher Base Rate</title>
		<link>http://www.stockbloghub.com/2009/08/14/aye-allegheny-seeks-higher-base-rate/12592</link>
		<comments>http://www.stockbloghub.com/2009/08/14/aye-allegheny-seeks-higher-base-rate/12592#comments</comments>
		<pubDate>Fri, 14 Aug 2009 23:25:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[Allegheny Energy Inc.]]></category>
		<category><![CDATA[AYE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12592</guid>
		<description><![CDATA[Allegheny Energy (AYE) recently appealed to the Public Service Commission of West Virginia for a base rate (covers non-fuel costs of the utility) increase of $122 million. The proposed increase, if approved, will generate a return on equity (ROE) of 12.25% for the company. This base-rate increase, which will be Allegheny’s first since 1994, will help the company to cover rising business costs and maintain financial stability at its West Virginia operations. Following the raise, bills for residential customers using 1,000 kilowatt hours of electricity per month would rise by about 14% to $95 from current charges of $83. Allegheny will continue to benefit from its stable and regulated electric power operations. The positive investment factors for the company include higher generation rates in Pennsylvania and Maryland Incorporatedreased residential usage, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/14/aye-allegheny-seeks-higher-base-rate/12592/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABB) Zacks #5 Rank Additions for Tuesday &#8211; Zacks Tale of the Tape</title>
		<link>http://www.stockbloghub.com/2009/05/26/abb-zacks-5-rank-additions-for-tuesday-zacks-tale-of-the-tape/7419</link>
		<comments>http://www.stockbloghub.com/2009/05/26/abb-zacks-5-rank-additions-for-tuesday-zacks-tale-of-the-tape/7419#comments</comments>
		<pubDate>Tue, 26 May 2009 21:16:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[TLB]]></category>
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		<category><![CDATA[Tucows Inc.]]></category>
		<category><![CDATA[US Home Systems Inc.]]></category>
		<category><![CDATA[USHS]]></category>
		<category><![CDATA[Virage Logic Corp.]]></category>
		<category><![CDATA[VIRL]]></category>
		<category><![CDATA[WCC]]></category>
		<category><![CDATA[WESCO International Inc.]]></category>
		<category><![CDATA[WG]]></category>
		<category><![CDATA[Willbros Group Inc.]]></category>
		<category><![CDATA[XIN]]></category>
		<category><![CDATA[Xinyuan Real Estate Company Lt]]></category>
		<category><![CDATA[XXIA]]></category>
		<category><![CDATA[YGE]]></category>
		<category><![CDATA[Yingli Green Energy Holding Co]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=7419</guid>
		<description><![CDATA[Here are the stocks added to the Zacks #5 Rank (&#8220;strong sell&#8221;) List today: ABB Ltd (ABB) Actuant Corp (ATU) Allegheny Energy Inc (AYE) Benchmark Electronics Inc (BHE) Blyth Inc (BTH) Build-A-Bear Workshop Inc (BBW) Cincinnati Financial Corp (CINF) Cleco Corp (CNL) CONMED Corp (CNMD) Dassault Systemes SA (DASTY) Einstein Noah Restaurant Group Inc (BAGL) Electronics For Imaging Inc (EFII) EMS Technologies Inc (ELMG) EnerSys (ENS) Eni SpA (E) Enstar Group Ltd (ESGR) Expeditors International of Washington (EXPD) FNB United Corp (FNBN) Fresh Del Monte Produce Inc (FDP) The Hain Celestial Group Inc (HAIN) Harleysville Group Inc (HGIC) Hartford Financial Services (HIG) Haverty Furniture Companies Inc (HVT) Heritage Financial Corp (HFWA) I-Flow Corp (IFLO) Independent Bank Corp (IBCP) Investment Technology Group (ITG) JDA Software Group Inc (JDAS) Kaman Corp (KAMN) ]]></description>
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