Sandy Villere, Villere & Co. co-portfolio manager, discusses the impact of colder weather on Conn's business. "This is going to be a great opportunity when they get the credit problems under control," he says.» Read More
MOSCOW, March 8- Rosatom, Russia's state energy corporation, said on Saturday it would resume nuclear fuel shipments to Europe via Ukraine after Kiev lifted a ban imposed during anti-government protests earlier this year on transporting the hazardous material.
LONDON, March 6- South African power utility Eskom declared a stage three power emergency on Thursday, implementing a programme of rolling blackouts to reduce demand and stabilise the grid.
March 5- Canadian Solar Inc forecast weaker-than-expected revenue for the first quarter and blamed severe winter in North America for delays in construction of power plants, sending its shares down 10 percent.
March 5- Canadian Solar Inc warned of a drop in current-quarter revenue as about $100 million in sales were deferred after a severe winter in North America delayed construction of power plants. Canadian Solar shares fell 5.5 percent to $41.25 in trading before the bell on Wednesday.
March 4- Chinese solar company Trina Solar Ltd forecast an up to 47 percent jump in full-year panel shipments due to growing demand from both Japan and its home market, sending its shares up about 2 percent before the bell.
March 3- UIL Holdings Corp said it would buy Philadelphia Gas Works, the largest municipally owned natural gas utility in the United States, for $1.86 billion in cash to expand its natural gas distribution operations.
AUGUSTA, Maine-- More than five years ago, Maine set ambitious goals to spur wind power development aimed at helping wean the state off fossil fuels. "If we are going to have wind development, how can we maximize the benefits to Maine people who are struggling with very high energy costs and... promote economic development at the same time?"
March 3- UIL Holdings Corp said it would buy Philadelphia Gas Works, the largest municipally owned natural gas utility in the United States, for $1.86 billion in cash to expand its natural gas distribution operations. The deal includes some liabilities of Philadelphia Gas Works, UIL said on Monday.
LUSBY, Md., March 2- Maps of Indian and Japanese ports paper the walls of a Dominion Resources Inc conference room in a small Maryland town, population 1,835, known more for crabbing and bird watching than global trade and the U.S. natural gas revolution.
BEIJING, Feb 28- China's environment ministry has given the initial go-ahead for the construction of two new AP1000 nuclear reactors designed by U.S.-based Westinghouse in the eastern coastal province of Shandong, it said late on Thursday.
NEW YORK, Feb 27- General Electric Co is preparing to sell its energy unit that makes fuel dispensers in a deal that is expected to fetch more than $500 million, people familiar with the matter said on Thursday. Wayne was part of Dresser Inc, the energy infrastructure company that GE bought in 2010 for $3 billion.
SINGAPORE, Feb 27- Many power utilities in Asia appear to be making what seems like an increasingly risky bet: that poorer quality coal from Indonesia will remain cheap and plentiful. Generators from India to Southeast Asia and China are building or planning new coal-fired units designed to run on low-rank, sub-bituminous coal from Indonesia.
BOSTON, Feb 26- Cape Wind said on Wednesday it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast, and expects to have the rest locked up by the end of the third quarter.
Feb 25- U.S. solar company First Solar Inc reported a lower-than-expected quarterly profit and forecast weak first-quarter earnings, hit by irregular revenue from its solar projects. "First Solar's earnings are hyper-choppy due to project revenue recognition," Raymond James analyst Pavel Molchanov said on Tuesday.
Energy Secretary Ernest Moniz will travel to Waynesboro, Georgia, on Thursday to mark the completion of an agreement backing the construction of two new reactors at Southern Co's Vogtle nuclear power plant, the Department of Energy announced on Wednesday.
On Monday, Alcoa Inc said it will close its 50- year-old Point Henry aluminium smelter and two rolling mills in Australia after a two-year review. Russia's Rusal estimates that producers outside of China eliminated up to 1.2 million tonnes of capacity last year and further reductions of 1 million-1.5 million tonnes are expected in 2014..
VIENNA, Feb 18- Six world powers and Iran began "substantive" talks on Tuesday in pursuit of a final settlement on Tehran's contested nuclear programme in the coming months despite caveats from both sides that a breakthrough deal may prove impossible.
VIENNA, Feb 18- Six world powers and Iran began talks on Tuesday in pursuit of a final settlement on Tehran's contested nuclear programme in coming months despite caveats from both sides that a breakthrough deal may prove impossible.
*Expects 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. Regulators in North Carolina, South Carolina and Florida approved the company's request to raise utility rates from September and October.
*Sees 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. The fourth quarter was also helped by cost savings from Duke's $18- billion buyout of rival Progress Energy in July 2012, which created the largest U.S. power company with a market value of about $50 billion.