Infrastructure

Infrastructure Articles

Google (GOOG) got approved by US regulators to sell electricity, allow it to buy and sell power like a power company. The Federal Energy Regulatory Commission greenlighted the search firm’s...
PIMCO’s chief Bill Gross puts out a regular letter in which he shares his investment advice with the public. Invoking the memory of Will Rogers, a Depression-era comic, Gross describes the recent...
Cisco (CSCO) continues to buy companies at a rapid-fire pace. It added video infrastructure and transport company Tandberg to its video hardware and software portfolio, paying $3 billion in cash for...
Verizon Communications Inc. (NYSE: VZ) did not immediately rise despite the announcement from the company that it was raising its quarterly dividend.  Most dividend hikes do not raise the price of...
American internet speeds are slow, very slow by international standards. That may be one of the reasons that the $787 billion economic stimulus package has a large financial commitment to building...
USEC Inc. (NYSE:USU) has appointed Christine M. Ciccone as senior vice president of external relations.  This is not going to just be a media and government affairs position.  This position is...
We have already covered the nuclear winter blow-up over at USEC Inc. (NYSE: USU) after the DOE declines to issue a guarantee for it long-pending loan application.  What we wanted to see is what the...
Oppenheimer is making a new call in the utility sector.  It looks a bit mixed between positive and somewhat cautious calls this morning, but it is important to note that many of these utilities are...
Duoyuan Global Water Inc. has filed as a foreign issuer to come public in the U.S. via an initial public offering.  The proposed offering is for up to $86,250,000 via the sale of 5,000,000 American...
Warren Buffett isn’t hanging on to his relatively new shares of Constellation Energy Group, Inc. (NYSE: CEG).  Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B), via MidAmerican Energy, had been...
What’s left of Reliant Energy is now called RRI Energy, Inc. (NYSE:RRI) following the sale of Reliant’s Texas retail segment to NRG Energy, Inc. (NYSE:NRG) that was completed on May 1st. The...
Entergy Corporation (NYSE:ETR) joined the ranks of electricity generators that haven’t been able to reach consensus estimates for the first quarter of 2009.The company’s results resemble the...
NRG Energy Inc. (NYSE:NRG) has completed its $287.5 million cash acquisition of Texas retail business of Reliant Energy Inc. (NYSE:RRI). This could have an impact on the ongoing battle over  a...
Three large electric utilities reported earnings this morning, and the results are could be better, but they could also be worse.  Dominion Resources, Inc. (NYSE:D) and NRG Energy, Inc. (NYSE:NRG)...
Electricity generator Exelon Corporation (NYSE:EXC) this morning reported EPS of $1.08 on revenue of $4.77 billion. Analysts’ estimates averaged EPS of $1.14 and revenue of $4.62 billion. Non-GAAP...