utilities
utilities Articles
The recent bid by France’s Electricite de France (EDF) for half of the nuclear business of Constellation Energy (NYSE:CEG) caused Fitch Ratings to downgrade the company’s Issuer Default Ratings....
Published:
Last Updated:
Whenever something like this comes along, one has to ask, "Are these guys serious?" Electricite de France (EDF) yesterday offered Constellation Energy (NYSE:CEG) a premium of about 96% to purchase...
Published:
Last Updated:
Just as with natural gas and crude oil, electricity use is off as the economy heads into its second year of recession. The lack of demand for electricity affects the bottom line for generators like...
Published:
Last Updated:
It took NRG Energy (NYSE:NRG) almost two weeks to figure out that shareholders should reject the exchange offer from Exelon Corporation (NYSE:EXC). That’s odd because NRG had already rejected the...
Published:
Last Updated:
We covered an IPO Filing back in August for a company called US Power Generating Company. The company is a wholesale power generation company in New York which had filed to sell up to $500 million...
Published:
Last Updated:
Yesterday, Montana’s Public Service Commission approved a request from NorthWestern Energy (NYSE:NWE), the largest electricity distribution company in the state, to purchase an existing coal-fired...
Published:
Exelon Corporation (NYSE:EXC) has officially kicked off its unsolicited takeover of NRG Energy (NYSE:NRG). We reported the details yesterday. Exelon needs to receive a majority of NRG’s shares...
Published:
Last Updated:
On Monday, NRG Energy (NYSE:NRG) management rejected an unsolicited buyout offer from Exelon (NYSE:EXC) that would have exchanged one share of NRG for 0.485 shares of Exelon. Exelon probably didn’t...
Published:
Last Updated:
Before the market opened this morning, Uranium Resources Inc. (NASDAQ:URRE) announced revenue of $4 million for the third quarter and a net loss of $14 million (-$0.25 EPS) due to lower sales and...
Published:
About three weeks ago, NRG Energy Inc. (NYSE: NRG) received a buyout offer from Exelon Corporation (NYSE: EXC). The deal would have exchanged one share of NRG stock for 0.485 shares of Exelon. On...
Published:
Last Updated:
Pepco Holdings, Inc. (NYSE: POM) is doing fairly well considering the company raised more than $200 through a secondary offering priced at $16.50 per share for 14 million shares. Take This Retirement...
Published:
Last Updated:
After the market closed yesterday, American Water Works (NYSE:AWK) reported third quarter EPS of $0.55 on revenues of $672 million. EPS was right on expectations, but revenues fell short by about...
Published:
Last Updated:
Duke Energy Corp. (NYSE:DUK) shares are trading down on fairly active volume. Earlier this morning, the company reported EPS of $0.33, compared with analysts’ estimates of $0.45. Revenue also was...
Published:
Last Updated:
Back in September, Sierra Pacific Resources (NYSE:SRP) changed the names of both its utility companies to NV Energy. That didn’t do much to help its third-quarter earnings, which the company...
Published:
There are two companies which have reported earnings where the reactions to the same sort of news were entirely different. Here are the reports at MDU Resources (NYSE:MDU) and Massey Energy...
Published: