utilities
utilities Articles
Too cool in summer, too warm in winter add up to lower profits for electric utilities. That’s the story today from both Alliant Energy Corp. (NYSE:LNT) and Duke Energy Corp. (NYSE:DUK). Alliant...
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Dominion Resources Inc. (NYSE:D) reported fourth quarter and full year results this morning, and the news was mixed. For the quarter, EPS hit $0.60 on $348 million in income, compared with EPS of...
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A little-noticed US Supreme Court decision makes it more difficult to import low enriched uranium (LEU) into the US. In a unanimous decision, the court ruled that a French firm was guilty of dumping...
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American Electric Power Company (NYSE:AEP) expects to increase the company’s profit by building new power transmission lines. The company plans to spend more than $7 billion to add new high-voltage...
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Exelon Corporation (NYSE:EXC) rose nearly 1.5% yesterday after the company reported fourth quarter 2008 EPS of $1.07, up from $0.84 in 2007. Full-year revenue of $18.86 billion was almost $1 billion...
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There is a lot of speculation on how clean energy and alternative energy programs are going to get off the ground under the new administration and under the current economic environment. Today’s...
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Constellation Energy Group Inc. (NYSE:CEG) continues to shed assets. This time it’s the company’s London-based international commodities trading operations, which Constellation will sell to a...
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UniStar Nuclear Energy, a joint venture between Electricite de France (EDF) and Constellation Energy Group Inc. (NYSE:CEG), and PPL Corporation (NYSE:PPL), a UniStar partner, have passed the first...
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Westinghouse Electric, a subsidiary of Japan’s Toshiba Corporation, has signed an engineering, procurement, and construction contract with the Florida subsidiary of Progress Energy, Inc. (NYSE:PGN)...
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Platts is reporting this morning that the European Commission released its decision this morning regarding the buyout offer from Electricite de France (EDF) for British Energy Group plc, the UK’s...
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Last August, the US Environmental Protection Agency (EPA) ruled that a proposed coal-fired power plant in Utah did not need to file for a clean-air permit because the emissions from the plant were...
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Alliant Energy Corp. (NYSE:LNT) this morning released financial guidance for 2009. The company also noted that it has reached an agreement with the state of Wisconsin on a rate case settlement that...
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The other shoe has dropped. Constellation Energy Group Inc. (NYSE:CEG) has accepted Electricite de France’s (EDF) offer of $4.5 billion for 49.99% of the company’s nuclear assets (rather than the...
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Late on Friday, Reliant Energy (NYSE:RRI) announced that it had terminated a $300 million retail working capital facility with Merrill Lynch. The company had failed to meet its EBITDA covenant on the...
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We have had many inquiries this week over this EDF offer for Constellation Energy Group Inc. (NYSE: CEG) now that EDF in France gave a competing bid versus that of Warren Buffett’s Berkshire...
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