-
Benzinga's Top Initiations
Monday, June 3, 2013 - 6:29am | 149Bank of America initiated coverage on shares of Laclede Group (NYSE: LG) with a “buy” rating. The target price for Laclede Group is set to $51. Laclede Group's stock closed at $47.33 on Friday. Analysts at Jefferies initiated coverage on shares of Cyan (NYSE: CYNI) with a “buy” rating. The target...
-
The Laclede Group Prices 8.7M Share Offering at $44.50/Share
Wednesday, May 22, 2013 - 7:20pm | 218The Laclede Group (NYSE: LG) (the "Company") announced today that it has priced a public offering of 8,700,000 shares of its common stock at $44.50 per share. In addition, the Company has granted the underwriters an option for a period of 30 days to purchase up to 1,305,000 additional shares...
-
The Laclede Group Announces 8.7M Share Proposed Offering of Common Stock
Monday, May 20, 2013 - 3:10pm | 569The Laclede Group (NYSE: LG) (the "Company") announced today that it plans to commence a registered underwritten public offering of up to 8,700,000 shares of its common stock. In addition, the Company expects to grant the underwriters an option for a period of 30 days to purchase up to 1,305,000...
-
Laclede Group to Buy Two Southern Union Utilities for $1.02B
Monday, December 17, 2012 - 8:48am | 65Laclede (NYSE: LG) will buy two of Southern Union Co.'s utilities, Missouri Gas Energy and New England Gas Co., for $1.02 billion. Energy Transfer Equity's takeover of pipeline operator Southern Union Co closed early this year. The deal announced Monday also includes the assumption of...
-
Laclede Group to Acquire Energy Transfer Affiliate Assets for $1.035B
Monday, December 17, 2012 - 7:18am | 205The Laclede Group (NYSE: LG) ("Laclede"), Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE") and Energy Transfer Partners, L.P. (NYSE: ETP) ("ETP") today announced that two newly formed subsidiaries of Laclede have entered into definitive purchase and sale agreements with Southern Union Company ("...
-
Earnings Scheduled For November 19, 2012
Monday, November 19, 2012 - 1:51am | 489Agilent Technologies (NYSE: A) is estimated to post its Q4 earnings at $0.80 per share on revenue of $1.76 billion. Lowe's Companies (NYSE: LOW) is projected to report its Q3 earnings at $0.35 per share on revenue of $11.91 billion. Brocade Communications Systems (NASDAQ: BRCD) is projected to...
-
The Laclede Group Announces Steven Lindsey As New President and COO
Tuesday, September 18, 2012 - 8:06am | 224The Laclede Group (NYSE: LG) today announced that Steven L. Lindsey has been named its executive vice president and chief operating officer of distribution operations and Laclede Gas Company president effective October 1, 2012. Suzanne Sitherwood, The Laclede Group president and CEO, will...
-
Laclede Group Names Rasche CFO Laclede Gas
Friday, April 27, 2012 - 7:33am | 115The Laclede Group (NYSE: LG) today announced a new organizational structure effective May 1, 2012 that will position the Company to grow through execution of its four strategic imperatives to: o Develop and invest in emerging technologies such as natural gas microturbines, other natural gas power...
-
End-of-Day Market Summary for November 21, 2011
Monday, November 21, 2011 - 4:16pm | 549This is your Benzinga news summary and traders' summary for Monday, November 21, 2011, covering headlines from Monday's trading session. Today at market close, the Dow Jones Index traded down about 248.85 points or 2.11%, the S&P 500 traded 1.86% lower, the Nasdaq Composite Index traded down 1...
-
The Laclede Group Announces Plans of Chairman and CEO Douglas H. Yaeger to Retire from the Board
Monday, November 21, 2011 - 4:00pm | 47The Laclede Group (NYSE: LG) announced today that Douglas H. Yaeger, Chairman and Chief Executive Officer of The Laclede Group, has decided to retire from the board of directors simultaneously with his previously announced retirement as CEO of Laclede.
-
Laclede Group Boosts Dividend
Thursday, November 17, 2011 - 5:03pm | 51The Laclede Group (NYSE: LG) Board increased the quarterly dividend from 40 1/2 cents per share to 41 1/2 cents per share on its common stock, which represents $1.66 per share on an annualized basis. The dividend will be payable on January 4, 2012, to shareholders of record on December 12, 2011.
-
Whirlpool Corporation Wins Stay Motion in Patent Litigation Brought by LG Electronics
Friday, October 7, 2011 - 11:08am | 88Whirlpool Corporation (NYSE: WHR) today announced that it won a stay motion in a refrigerator patent infringement case brought by LG Electronics (LG) due to progress in separate proceedings challenging the validity of LG's patents. All four of the patents asserted by LG against Whirlpool have...
-
Top 4 Small-Cap Stocks In The Gas Utilities Industry With The Highest Revenue
Wednesday, September 7, 2011 - 3:13am | 133Below are the top small-cap gas utilities stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Targa Resources Inc (NYSE: TRGP) is $6.09 billion. TRGP's PEG ratio is 0.82. The trailing-twelve-month revenue at NewJersey Resources Corporation (NYSE: NJR) is $2...
-
NorthWestern Energy Signs Agreement With OwnEnergy for Montana Community Wind Farm
Thursday, September 1, 2011 - 1:25pm | 50NorthWestern Energy (NYSE: NWE), and OwnEnergy today announced that they have signed a 25-year Qualifying Facility Agreement, for the 9.7 megawatt Two Dot Wind Farm. The project is located in Wheatland County, near the town of Two Dot, about 90 miles NW of Billings.
-
Notable Call Options Activity in NRG Energy
Wednesday, August 31, 2011 - 10:00am | 152Shares of NRG Energy (NYSE: NRG) are higher on the session by 2.65%, currently trading at $23.21. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the January...