Stocks were little changed after data had creation of 214,000 jobs in October.» Read More
Sprawling across roughly 5 square miles of federal desert near the California- Nevada border, the Ivanpah Solar Electric Generating System opened in February, with operators saying it would produce enough electricity to power a city of 140,000 homes. So far, however, the plant is producing about half of its expected annual output for 2014, according to...
Nov 13- The controversial government program that funded failed solar company Solyndra, and became a lighting rod in the 2012 presidential election, is officially in the black. According to a report by the Department of Energy, interest payments to the government from projects funded by the Loan Programs Office were $810 million as of September- higher than the...
*Deal would deconsolidate 2.6 bln euros of debt. MADRID, Oct 23- Spanish builder ACS will postpone until at least early 2015 a planned listing of its wind and solar power generating assets, a source with knowledge of the company's plans said on Thursday, joining a growing list of European firms pulling share offerings amid tough market conditions.
NEW YORK, Oct 10- The hunt for dividend yield is pushing U.S. fund managers into an unproven new offshoot of the alternative energy industry. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund. "We see these as a way to get a decent yield now and high likelihood into the yield growing...
Calgary- based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.
*Payrolls data weaker than expected. NEW YORK, Sept 5- U.S. stocks ended higher on Friday, lifting the S&P 500 to a fresh closing high, after a weaker-than-expected jobs report was taken as a sign that the Federal Reserve will not begin raising interest rates anytime soon.
*Payrolls data weaker than expected. NEW YORK, Sept 5- U.S. stocks rose on Friday afternoon, rebounding from losses earlier in the session, as investors took a weak payrolls report to mean there was little risk the Federal Reserve would speed up its plans to raise interest rates.
SAN FRANCISCO, July 2- NRG Energy vowed on Wednesday to press ahead with a proposal to build a power plant in coastal Southern California even after a city council expressed opposition, citing fears it could be inundated by rising sea water.
June 13- Shares of Abengoa Yield Plc, a unit of Spanish renewable and engineering firm Abengoa SA, rose about 28 percent in their U.S. market debut, valuing the company at about $3 billion. Abengoa Yield's IPO raised about $721 million after its upsized offering of 24.9 million shares was priced at $29 per share, well above the expected price range of $25- $27 per share.
The U.S. is the third-largest solar market, and it's growing rapidly because of private investment and federal support.
June 4- Clean energy company NRG Yield Inc said it would buy California's Alta Wind Energy Center, the largest wind farm in North America, for $870 million from Terra-Gen Power LLC. The deal will add 947 megawatt to the wind portfolio of NRG Yield and parent NRG Energy Inc, making it the fifth largest in the continent at 2,839 MW.
*ADP report shows fewer jobs added in May than expected. *Protective Life jumps in premarket, Dai-ichi to buy. NEW YORK, June 4- U.S. stock index futures pointed to a lower open on Wednesday as data on the labor market came in weaker than expected, giving investors reason to sell amid few positive catalysts and with indexes near record levels.
June 4- NRG Yield Inc, a unit of NRG Energy Inc, said it would buy California's Alta Wind Energy Center, the largest wind farm in North America, for $870 million. The deal is expected to increase NRG Yield's annual run-rate earnings before interest, taxes, depreciation and amortization by about $220 million.
Some of the names on the move ahead of the open.
*Protective Life jumps in premarket, Dai-ichi to buy. NEW YORK, June 4- U.S. stock index futures mostly edged lower on Wednesday as investors refrained from making large bets, with indexes near record levels, ahead of data on the labor market and services sector.
June 4- NRG Energy Inc is close to a deal worth more than $800 million to buy Alta Wind Energy Center, the largest wind farm in North America, the Wall Street Journal reported citing people familiar with the matter.
June 2- The U.S. Environmental Protection Agency formally announced a plan on Monday to slash carbon emissions from the power sector by 30 percent below 2005 levels by 2030, a key element of President Barack Obama's plan to tackle global warming. Coal comprises more than 20,000 megawatts of the company's generation capacity. --American Electric Power Co Inc#.
Take a look at some of Tuesday's midday movers:
Since January, utilities have been the top performer in the S&P. But investors beware: If interest rates rise, you could be hard-hit.
The bond market is giving the stock market angst.