-
AEP to Accelerate Construction of Natural Gas Plant
Thursday, January 20, 2011 - 2:59pm | 104American Electric Power (NYSE: AEP) announced today it will accelerate the construction process of a natural gas-fired power plant near Dresden, Ohio. The partially constructed plant was purchased in 2007 by AEP through its AEP Generating Company subsidiary from Dresden Energy LLC, a subsidiary of...
-
Agua Caliente Solar Project Receives DOE Commitment for a Loan Guarantee
Thursday, January 20, 2011 - 2:43pm | 80NRG Energy, Inc. (NYSE: NRG) today announced that the 290-megawatt Agua Caliente solar project has received an offer of a conditional commitment for a loan guarantee of up to $967 million from the U.S. Department of Energy. NRG's acquisition of the project from First Solar was announced last month...
-
Is Now The Time To Get Into F5? (FFIV, CRM, JNPR)
Thursday, January 20, 2011 - 1:45pm | 217Shares of F5 Networks (NASDAQ: FFIV) are getting killed today, down some 22% today to $108.58, a loss of over $30 per share. Does this mean that now is a good time to get into shares of F5? Brian Marshall, an analyst at Gleacher & Co. thinks so. Marshall said that any price under $110 is good...
-
PNM Granted Additional Two Weeks to Gain Support for Rate Case Agreement
Thursday, January 20, 2011 - 1:35pm | 121The rate case schedule for PNM Resources' (NYSE: PNM) New Mexico utility, PNM, has been extended an additional two weeks after regulators agreed to give the utility more time to gain support for a stipulation with other parties. PNM has an agreement regarding its pending electric rate increase...
-
Growth & Income Stock Picks-Jan. 20, 2011 - Zacks Rank Buys
Thursday, January 20, 2011 - 12:38pm | 89ACTIVISION BLZD (ATVI): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report Zacks Investment Research
-
Morgan Stanley Still Expects SRE Dividend Hike In 1Q11
Thursday, January 20, 2011 - 10:25am | 119Sempra Energy (NYSE: SRE) announced that it will acquire AEI's stake in Luz del Sur and Chilquinta for $875 mn, increasing its ownership to 76% of Luz del Sur in Peru and 100% of Chilquinta in Chile from 38% and 50%, respectively, Morgan Stanley reports. “Sempra forecasts $0.15/0.22 accretion to...
-
Sallie Mae Tops Zacks Estimate - Analyst Blog
Thursday, January 20, 2011 - 10:01am | 893SLM Corp. (SLM), better known as Sallie Mae, reported fourth quarter 2010 core earnings of $401 million or 75 cents per share, ahead of the Zacks Consensus Estimate of 72 cents. The results compare favorably with prior-year quarter's core earnings of $268 million or 44 cents per share. Favorable...
-
ALLETE Raises Quarterly Dividend to $.445
Thursday, January 20, 2011 - 9:37am | 60The ALLETE (NYSE: ALE) Board of Directors has increased the quarterly dividend on the company's common stock to 44.5 cents per share. On an annual basis, the increased dividend is equivalent to $1.78 per share. The regular quarterly dividend is payable March 1 to common shareholders of record at...
-
Sallie Mae Tops Zacks Estimate - Analyst Blog
Thursday, January 20, 2011 - 9:30am | 893SLM Corp. (SLM), better known as Sallie Mae, reported fourth quarter 2010 core earnings of $401 million or 75 cents per share, ahead of the Zacks Consensus Estimate of 72 cents. The results compare favorably with prior-year quarter's core earnings of $268 million or 44 cents per share. Favorable...
-
Suburban Propane Partners Increases Annualized Distribution Rate to $3.41
Thursday, January 20, 2011 - 8:35am | 105Suburban Propane Partners, L.P. (NYSE: SPH) today announced that its Board of Supervisors declared the 28th increase in the Partnership's quarterly distribution from $0.85 to $0.8525 per Common Unit for the three months ended December 25, 2010. This represents the Partnership's 19th consecutive...
-
Goldman Has Buy On Sempra Energy (SRE)
Thursday, January 20, 2011 - 8:33am | 143Goldman Sachs has a Buy rating and a $55 price target on shares of Sempra Energy (NYSE: SRE). In the research report sent to clients, Goldman writes, "After close on Wednesday, Sempra Energy (SRE, Buy) announced that it will increase its ownership stake in two South American utilities, acquiring...
-
Mad Money Lightning Round: Cramer Prefers Peabody Energy To Alpha Natural Resources (TQNT, RFMD, MOTR, WTR, ANR, BTU)
Thursday, January 20, 2011 - 4:45am | 181On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Triquint Semiconductor (NASDAQ: TQNT) has “moved up too much. I like RF Micro Devices (NASDAQ: RFMD) too but I'd take profits there as well." For Motricity (NASDAQ: MOTR), he said, "The insider selling knocked it down but I think...
-
Growth & Income Stock Picks-Jan. 20, 2011 - Zacks Rank Buys
Thursday, January 20, 2011 - 1:00am | 89ACTIVISION BLZD (ATVI): Free Stock Analysis Report CMS ENERGY (CMS): Free Stock Analysis Report Zacks Investment Research
-
ONEOK Issues 2011 Outlook - Analyst Blog
Wednesday, January 19, 2011 - 7:01pm | 905Diversified energy utility ONEOK Inc. (OKE) recently put forward its 2011 earnings expectations and for its master limited partner (MLP) ONEOK Partners L.P. (OKS). At the same time, the company also reiterated its earnings forecast for 2010 while it provided higher 2010 forecasts for its MLP....
-
ONEOK Issues 2011 Outlook - Analyst Blog
Wednesday, January 19, 2011 - 6:41pm | 905Diversified energy utility ONEOK Inc. (OKE) recently put forward its 2011 earnings expectations and for its master limited partner (MLP) ONEOK Partners L.P. (OKS). At the same time, the company also reiterated its earnings forecast for 2010 while it provided higher 2010 forecasts for its MLP....