COLUMBUS, Ohio _ American Electric Power Co. on Thursday reported fourth-quarter profit of $469 million. The Columbus, Ohio- based company said it had net income of 96 cents per share. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
Stocks are weak today as markets are dealing with three issues.
OSLO, Sept 4- Norway's $828 billion sovereign wealth fund believes a new rule curtailing its investments in coal-dependent businesses could lead it to sell shares in companies across the world worth about 55 billion Norwegian crowns, it said on Friday. Around 120 companies are likely to be affected, it said in a letter to the country's finance ministry.
Aug 13- The Texas power grid operator on Thursday asked consumers to reduce electric use during the afternoon hours as power plant outages and heavy air conditioning usage has strained the electric system during a brutal heat wave. Peak demand in the Electric Reliability Council of Texas, which operates the power grid in most of the state, hit an all-time high of...
The CEO of one of the nation's largest electric utilities said on Monday that President Obama's clean-energy plan needs to be fully digested first.
Jim Cramer provides his opinion at rapid speed for caller favorite stocks.
Greece, China, Puerto Rico...Oh my. What's a trader to do when a sleepy year turns into a really volatile one?
In a contrarian move, a large Wall Street firm is recommending clients turn to utilities for yield.
Two energy chief executives disagree about the risks of relying too heavily on renewable sources.
Norway's $900 billion sovereign fund was told to cut its exposure to the global coal industry and sell stakes in firms that focus on the sector.
Coal-firing electricity plants are closing all over the US, and jobs are going with them. Can other energy sources make up for the losses?
Warren Buffett receives good press for renewable-energy investments, but is he really a climate change ally? It's complicated.
Here's why investors should stick with utility stocks in a rising rate environment, analyst David Burk says.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
From Kimberly-Clark to Core Labs, CEOs tell “Mad Money” host Jim Cramer what can power their companies higher.
The Golden Arches are in flux, but “Mad Money” host Jim Cramer has a clear takeaway.
American Electric Power on Wednesday reported fourth-quarter profit of $191 million, falling short of estimates.
Investors who weren’t sure how to position through year-end just received a message that couldn’t be more clear.
There are dozens of tax loopholes that companies are jumping through here at home. Here are two of the most popular.
Utilities have doubted the role big data can play in managing the grid, but it may save them billions of dollars in the future.