Puerto Rico's power authority PREPA is likely to receive an extension of vital lines of credit it uses to buy oil, a financial industry executive says.» Read More
French state-owned utility EdF on Friday denied a report it contacted management of German utility RWE, or German authorities, in regards to a takeover.
Paul Fremont, managing director at Jefferies & Company, told CNBC’s “Morning Call” that he believes the outlook for electric utility stocks is strong.
The actors have been doing pretty well lately in Trading With The Stars, but the non-acting celebs are making a move--including Johnny Bench (so, his picture gets posted). Jonathan Tucker still holds first place on modest gains in Washington Grp and Starwood Hotels. Stephen Collins takes back 2nd place on gains in Emergency Medical Services up 10.13% Thursday. But poker champ Chris Moneymaker moves from 8th to 5th on a 2.73% gain in Gigamedia..
Hey folks. Jeff Mishlove is here after a few days off--with his contest picks for today. It's a good read and we're happy to have him back. Here's Jeff: Last week was amazing. As I reported one week ago, one of my contest portfolios was up over 100% for the week. Actually, by the end of the day on Friday, it was up by over 112% -- far and away more than any other previous weekly winner. But, ironically, it still was not enough to win the weekly prize.
Don't knock regulations: Citigroup's Greg Gordon says some investors swear by them. The equity analyst joined "Squawk on the Street" to offer his take on the utility industry -- and named his top utility stock picks.
Sometimes the best way to reinvigorate your love for investing is to gamble on a few speculative stocks. Tonight, Cramer shares three ponies he thinks are ready to run.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Shares in the world’s largest utility E.ON increased considerably after it gave up its 42 billion euro bid ($56 billion) for Spanish utility company Endesa (down 0.69%), agreeing to split it up with rivals.
The global selloff throughout world stock markets triggered by the brief but sharp fall in the Shanghai Composite Index at the end of February has stirred up even more interest in already hot Chinese markets. This week, "A Fund Affair" features AMP Capital's China Growth Fund, which gives the investor rare access to China 'A' shares.
Here some of Friday's big movers on European stock markets
Here's our exclusive web cast on investment strategies to help you win the CNBC Million Dollar Portfolio Challenge. CNBC host Dylan Ratigan talks with Bill Barker, Motley Fool senior analyst, and Arthur Hogan, Jefferies managing director offerd his own high-risk, high-return stock picks.
The TXU LBO looks good on paper, but environmental challenges to company plans for coal-fired power plants could frustrate investors.
Venezuelan President Huge Chavez announced his intent this month to nationalize his country’s vast oil sector (as well as the nation's largest phone company and utilities). His statements made headlines across the globe, sending the Venezuelan stock exchange down 19% in a single day.
How do you feel about buying a sector where the profit prospects still look challenging, but the reduction in expectations has now brought the price back onto professional investor radar screens?
The French financial regulator AMF on Tuesday gave billionaire Francois Pinault three weeks time in order to present an offer for French utilities company Suez, Reuters reported.
They haven't always been known as the sexiest stocks out there but their returns lately are very alluring. The Dow Jones Utility Average is now trading around record highs--but how much juice is left? On CNBC’s “Morning Call” Liz Claman talked with Greg Gordon--a utilities analyst with Citigroup.
The country has become the world leader in wind power development, currently supplying an estimated one-fourth of all wind energy injected into the grid worldwide, according to the new China Wind Market Quarterly report by GTM Research and Azure International. Furthermore, according to Azure forecasts, China's installed wind capacity will increase from a predicted 80 gigawatts by the end of 2012 to roughly 150 gigawatts by the end of 2015, significantly exceeding the wind target set by China's 12th Five-Year Plan. FIGURE: Wind Forecast by Province in 2015 However, the sector faces some immense challenges, from ongoing problems with grid connection, ever-growing amounts of curtailed wind generation, new restrictions from State Grid on who can connect, and, perhaps most importantly, uncertainty about whether policymakers will do as they have done in the past to ensure the sector continues its rapid growth.
Shipments were 418 MW, above the high end of the Company's previous guidance of 370 MW, and flat from the 418 MW shipped in the second quarter of 2012 Net revenue wa s RMB 1.6 billion, a decrease of 9.2% from RMB 1.8 billion in the second quarter of 2012 Gross margin was negative 5.9%, compared with positive 4.8% in the second quarter of 2012. Excluding an inventory provision of RMB 51.4 million and a reversal of prior provisions for anti-dumping and countervailing duties in the United States of RMB 15.8 million, gross margin would have been negative 3.7% Operating loss was RMB 631.3 million, compared with operating loss of RMB 155.9 million in the second quarter of 2012. Excluding a long-lived asset impairment of RMB 250.7 million and a prepayment impairment of RMB 75.2 million, operating loss would have been RMB 305.4 million Net loss was RMB 371.4 million, compared with net loss of RMB 457.8 million in the second quarter of 2012. Loss per diluted ADS was RMB 1.91, compared with loss per diluted ADS of RMB 2.34 in the second quarter of 2012 Operating cash flow was positive RMB 545.3 million, compared with negative RMB 254.0 million in the second quarter of 2012 Cash and cash e quivalents at the end of the quarter were
Microsoft's Data Center Research Project in Cheyenne, Wyoming to be powered by fuel cell power plant Renewable biogas to be used to generate carbon neutral electricity that is virtually free of pollutants.
SSE will utilize AMSC's D-VAR reactive compensation and voltage control systems to enhance the electricity grid in the Western Isles of Scotland near the future wind farms at Stornoway and Loch Carnan. AMSC's D-VAR solution includes installation and ongoing maintenance and support for SSE.
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