All Posts Tagged With: "FPL"
(FPL) FPL Group Reports Earnings Ahead of Expectations
Power producer FPL Group Inc. (FPL) reported better-than-expected fourth quarter results, helped by a robust performance from its utility subsidiary on the back of favorable weather conditions. Adjusted net earnings came in at 79 cents per share, 6 cents above the Zacks Consensus...
26Jan2010 | vitalstocks | 0 comments | Continued(DD) A Very Busy Week Ahead – Earnings Preview
Earnings Preview 1/22/10 Next week is the heart of the 4Q09 earnings season. There will be a total of 503 firms reporting including 136 members of the S&P 500, and fully one third of the Dow 30. These will include such bellwethers as DuPont (DD), Johnson & Johnson (JNJ),...
23Jan2010 | vitalstocks | 0 comments | Continued(FPL) FPL Group Subsidiary Halts Investment in Florida
Florida Power & Light Company, a subsidiary of FPL Group Inc. (FPL), announced the suspension of projects worth $10 billion in Florida, following the Florida Public Service Commission (PSC) turning down its proposal to raise base rates. These projects represented the company’s...
14Jan2010 | vitalstocks | 0 comments | Continued(FPL) FPL Group’s Seabrook Station Plant Outage Weighs on 2009 Earnings
FPL Group Inc. (FPL) announced that an extended outage at the company’s Seabrook Station nuclear power plant and a continuing poor wind resource are expected to reduce 2009 forecasted earnings by $0.17 to $0.21 per share. The company had previously guided 2009 adjusted earnings...
27Dec2009 | vitalstocks | 0 comments | Continued(CNP) CenterPoint Energy & FPL Group Ink Pipeline Deal
A subsidiary of CenterPoint Energy Inc. (CNP) and NextEra US Gas Assets LLC, an affiliate of FPL Group Inc. (FPL) signed an agreement to explore the construction of a pipeline in north Louisiana. The new pipeline will transport natural gas from the Haynesville Shale area. The...
20Nov2009 | vitalstocks | 0 comments | Continued(FPL) FPL Group’s Profits Rise
Energy company FPL Group Inc. (FPL) today reported adjusted net earnings of $1.38 per share for the third quarter of 2009, in line with the Zacks Consensus Estimate of $1.39 and above $1.25 reported last year. The improvement from last year’s results was due to positive contributions...
28Oct2009 | vitalstocks | 0 comments | Continued(FPL) Florida Electric Utilities Get Nuclear Rates Approved
Recently, the Florida Public Service Commission (PSC) has approved new nuclear cost recovery rates for the state’s two major electric utilities. It increased the rates for one and reduced them for the other. Both changes are effective Jan. 1, 2010. The commission approved...
20Oct2009 | vitalstocks | 0 comments | Continued(FPL) Florida Power & Light Co to Open New Photovoltaic Plant
Florida Power & Light Co. (FPL) has announced plans to deliver electricity to customers from the DeSoto Next Generation Solar Energy Center in Arcadia – the largest solar photovoltaic (PV) power plant in the country – by October-end. The plant would use 90,000 photovoltaic...
12Oct2009 | vitalstocks | 0 comments | Continued(EXC) Top Utilities Equity Funds – Mutual Fund Commentary
Today we are featuring top-performing “Utilities” Equity mutual funds, which primarily invest in equity securities of utilities Incorporatedluding telephone or cable-television firms. Investors can find such funds by checking out the entire list of the Zacks #1 Rank Utilities...
11Sep2009 | vitalstocks | 0 comments | Continued(FPL) Florida Power & Light expects to pass lower costs on to customers
Florida Power & Light, a FPL Group (FPL) company, recently submitted its mid-year fuel report to the Florida Public Service Commission (FPSC), which contains the detail of the fuel expenses incurred during the first half of 2009. It has also presented the fuel cost estimates...
21Aug2009 | vitalstocks | 0 comments | Continued(FPL) FPL Group Inc. – Value – Zacks Rank Buy
FPL Group Inc. (FPL), which provides power in Florida as well as generating wind power across the U.S., easily beat first quarter estimates by 15.38% as its alternative energy segment was strong. The company also recently raised 2009 guidance. FPL has a forward P/E of 11.4. Company...
22May2009 | vitalstocks | 0 comments | Continued(FSLR) Renewable Energy Rollercoaster
Last year it would have been hard to imagine that the green energy movement would face so many obstacles so quickly. Oil prices were skyrocketing, almost $150 a barrel, and renewable energy start-ups were having money thrown at them. Fast forward six months and we’re seeing...
10Mar2009 | InvestmentU | 0 comments | Continued(FSLR) Renewable Energy Rollercoaster
Last year it would have been hard to imagine that the green energy movement would face so many obstacles so quickly. Oil prices were skyrocketing, almost $150 a barrel, and renewable energy start-ups were having money thrown at them. Fast forward six months and we’re seeing...
28Feb2009 | InvestmentU | 0 comments | Continued(FSLR) Renewable Energy Rollercoaster
Last year it would have been hard to imagine that the green energy movement would face so many obstacles so quickly. Oil prices were skyrocketing, almost $150 a barrel, and renewable energy start-ups were having money thrown at them. Fast forward six months and we’re seeing...
22Feb2009 | InvestmentU | 0 comments | Continued