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Usource Announces Agreement with NH Association of Counties
Wednesday, February 9, 2011 - 2:32pm | 106Unitil Corporation (NYSE: UTL) today announced its non-regulated business affiliate Usource, LLC (Usource) has entered into the first state-wide electric and natural gas buying group to include all 10 New Hampshire counties. The joint buying group, created effective January 11, was made possible...
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J.P. Morgan Releases Regulated Electric Utilities Outlook (CMS, ITC, NVE, POR, XEL, PCG)
Wednesday, February 9, 2011 - 10:18am | 207J.P. Morgan is out with a research report today with coverage on the Regulated Electric Utilities industry. In the report, J.P. Morgan left CMS Energy (NYSE: CMS), ITC Holdings (NYSE: ITC), NV Energy (NYSE: NVE), and Portland General Electric (NYSE: POR) at Overweight, retained its Xcel Energy (...
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RGC Resources Reports Q1 EPS of $0.86
Wednesday, February 9, 2011 - 9:54am | 65RGC Resources, Inc. (Nasdaq: RGCO) announced consolidated Company earnings of $1,969,364 or $0.86 per average share outstanding for the quarter ended December 31, 2010. This compares to consolidated earnings of $1,830,280 or $0.82 per average share outstanding for the quarter ended December 31,...
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Deutsche Bank Lowers PT On Entergy Corporation To $73
Wednesday, February 9, 2011 - 8:17am | 27Deutsche Bank has lowered the price target on Entergy Corporation (NYSE: ETR) from $75 to $73 and maintains its Hold rating.
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JP Morgan Downgrades DYN To Neutral
Wednesday, February 9, 2011 - 8:12am | 40Analysts at JP Morgan downgrade Dynegy Inc (NYSE: DYN) from “overweight” to “neutral.” DYN shares fell 2.47% to close at $5.92 yesterday. More Analyst Ratings here
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Top 4 Mid-Cap Stocks In The General Building Materials Industry With The Highest Dividend Yield (RPM, MDU, VMC, MLM)
Wednesday, February 9, 2011 - 5:45am | 124Below are the top mid-cap general building material stocks on the NYSE and the NASDAQ in terms of dividend yield. RPM International Inc (NYSE: RPM) has a dividend yield of 3.50%. RPM's shares closed at $23.91 yesterday. MDU Resources Group Inc (NYSE: MDU) has a dividend yield of 3.10%. MDU's shares...
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Northeast Utilities Raises Dividend to $.275
Tuesday, February 8, 2011 - 5:35pm | 78The Northeast Utilities (NYSE: NU) Board of Trustees today approved an increase in the company's quarterly dividend. The NU Board declared a quarterly dividend of $0.275 per share, payable on March 31, 2011, to shareholders of record as of the close of business on March 1, 2011. The new annualized...
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Trading The Mouse House: Previewing Disney's Earnings (DIS, VIA-B, NWSA)
Tuesday, February 8, 2011 - 4:20pm | 210Walt Disney Co. (NYSE: DIS) is set to report earnings tonight after the bell. Wall Street analysts are looking for earnings of 56 cents per share, up 9 cents per share from last year. Revenue is expected to rise to $10.52 billion for this quarter, up from $9.74 billion last year. At last check,...
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News Summary
Tuesday, February 8, 2011 - 10:33am | 281Shares of Sara Lee Corp (NYSE: SLE) dropped about 0.7% after the company reported its fiscal second-quarter results. SLE's earnings came in at $1.37 per share, up from $0.53 per share, in the year-earlier period. The company's sales dropped to $2.35 billion from $2.36 billion. On an adjusted basis...
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Maryland Transit Administration Awards Pepco Energy $6.2 Million Contract
Tuesday, February 8, 2011 - 10:27am | 86Pepco Energy Services, Inc., a subsidiary of Pepco Holdings, Inc. (NYSE: POM) has been awarded a $6.2 million, 15-year energy savings performance contract by the Maryland Transit Administration (MTA). Pepco Energy is installing energy conservation measures to help reduce the MTA's energy...
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Entergy Posts Mixed Results (ETR)
Tuesday, February 8, 2011 - 9:17am | 212New Orleans, Louisiana-based Entergy Corporation (NYSE: ETR) announced on Tuesday morning that it beat consensus Wall Street earnings estimates, while missing revenue expectations. Entergy Corporation reported that its 4th quarter net income fell to $228.3 million, or $1.26 per share, down from $...
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Entergy Reports Q4 EPS of $1.30 vs. $1.24
Tuesday, February 8, 2011 - 8:24am | 92Entergy Corporation (NYSE: ETR) today reported fourth quarter 2010 as-reported earnings of $228.3 million, or $1.26 per share, compared with $313.8 million, or $1.64 per share, for fourth quarter 2009. On an operational basis, Entergy's fourth quarter 2010 earnings were $235.0 million, or $1.30 per...
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US Stock Futures Flat As China's Central Bank Lifts Interest Rates
Tuesday, February 8, 2011 - 7:27am | 329US stock futures are flat this morning after China's central bank raised interest rates. Futures on the Dow Jones Industrial Average rose 5 points to 12,113.00 and S&P 500 futures dropped 0.20 point to 1,315.60. Nasdaq 100 futures gained 0.50 point to 2,345.50. US stocks closed higher, with...
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Earnings Scheduled For February 8 (CVH, DIS, MNI, MFE, TEVA, PBI, AVP, SLE, ETR, TTWO)
Tuesday, February 8, 2011 - 5:31am | 270Coventry Health Care Inc (NYSE: CVH) is expected to post its Q4 earnings at $0.88 per share on revenue of $3.01 billion. Walt Disney (NYSE: DIS) is projected to report its earnings at $0.56 per share on revenue of $10.52 billion in first quarter. McClatchy Co (NYSE: MNI) is expected to post its Q4...
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Notable Weakness in Small Caps 02-07-2011
Monday, February 7, 2011 - 7:26pm | 884Cusick's Corner This market continued to hold up into the close with most of the major averages closing near the highs. However, there was some notable weakness in the Small Caps, IWM, which is a development to keep an eye on. I have referred to these high beta Small Caps as the proverbial canary...