The run-up in utilities is down to investors' search for solid EPS growth and consistent, low-risk yields.» Read More
American Electric Power Co. fell$. 08 or. 1 percent, to $62.68. Consolidated Edison Inc. Holding Co. rose$. 25 or. 4 percent, to $67.74. Dominion Resources Inc. fell$. 42 or. 5 percent, to $76.03.
American Electric Power Co. rose$. 89 or 1.4 percent, to $62.76. Consolidated Edison Inc. Holding Co. rose$. 72 or 1.1 percent, to $67.49. Dominion Resources Inc. rose$. 01 or percent, to $76.45.
American Electric Power Co. rose$. 35 or. 6 percent, to $62.22. Consolidated Edison Inc. Holding Co. rose$. 38 or. 6 percent, to $67.15. Exelon rose$. 18 or. 5 percent, to $36.69.
American Electric Power Co. rose$. 48 or. 8 percent, to $62.35. Consolidated Edison Inc. Holding Co. rose$. 35 or. 5 percent, to $67.12. Dominion Resources Inc. rose$. 49 or. 6 percent, to $76.93.
SAN FRANCISCO, Jan 5- California Governor Jerry Brown on Monday laid out an ambitious plan for 50 percent of the state's electricity to be generated by renewable resources over the next 15 years and to cut petroleum usage by drivers. SolarCity Corp, the largest U.S. residential solar panel installer, and Vivint Solar Inc are already big players in California.
Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly profit as a cool summer reduced demand. The company, which also operates in Brazil, Argentina and Chile, said the results were also hurt by lower income from international operations and higher fuel costs. The company sells power to 7.2 million...
Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly revenue and profit as a milder summer hit demand and expenses rose. That led to the company to sell some Midwest power assets- a big chunk of its wholesale assets- to Dynegy Inc in August for $2.8 billion. Net income attributable to Duke rose 27 percent to...
NEW YORK, Oct 10- US power company Dynegy looks set to price its new $5.1 bn high-yield acquisition finance bond Friday wider than first expected due to a surge in market volatility over the past few days. The single B rated issuer set price talk this morning at 6.75% area on a minimum US $2 bn five-year non-call 2.5; 7.375% area on a US $1.5- 2.0 bn eight-year non-call...
NEW YORK, Oct 10- Dynegy set price talk Friday morning on a new $5.1 bn high-yield acquisition finance bond expected to price later in the day. Leads set talk at 6.75% area on a minimum$ US2bn five-year non-call 2.5; 7.375% area on a US $1.5- 2.0 bn eight-year non-call four; and 7.75% area on a US $1.0- 1.5 bn 10- year non-call five. Morgan Stanley is lead-left on the deal,...
Sept 16- Shares of Atlantic Power Corp fell by about a third on Tuesday after the struggling utility removed its chief executive and decided against selling itself.
Stock market strategist Thomas Lee says there's plenty of proof the bull market still has several years to go.
MIAMI, Sept 1- When Charlie Crist last governed Florida, his green energy and climate policies made him few friends among the state's powerful electricity corporations.
The delays have been perpetuated also by a surge in rail deliveries of crude oil and grain, leaving power producers such as FirstEnergy Corp scrambling for transport alternatives before winter sets in, potentially adding to costs.
Aug 22- Power company Dynegy Inc said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets. Dynegy shares rose as much as 22.5 percent in early trading.
Aug 22- U.S. power company Dynegy Inc said on Friday that it would buy coal and gas generation assets from Duke Energy Corp and Energy Capital Partners, in two deals totaling $6.25 billion.
Some of the names on the move ahead of the open.
Aug 22- U.S. power company Dynegy Inc said on Friday that it would buy 12,500 megawatts of coal and gas generation assets from Duke Energy Corp and Energy Capital Partners, in two deals valued at $6.25 billion. The deal will almost double Dynegy's power-generation capacity.
Aug 20- The cleanup of a 5,000- gallon fuel oil spill from a Duke Energy Corp power plant into the Ohio River could stretch into Thursday, Duke said on Wednesday, as the U.S. Coast Guard reopened a 15- mile section of the river to limited traffic.
NEW YORK, Aug 20- A 15- mile section of the Ohio River was reopened for limited traffic on Wednesday as clean-up of a 5,000- gallon fuel oil spill continued, the U.S. Coast Guard said on Wednesday.
Aug 19- The U.S. Coast Guard closed a 15- mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60- year-old power plant owned by Duke Energy 20 miles east of Cincinnati, Ohio.