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Wells Fargo Ups EXC To Market Perform
Wednesday, January 5, 2011 - 7:03am | 41Analysts at Wells Fargo upgrade Exelon Corporation (NYSE: EXC) from “underperform” to “market perform.” EXC shares gained 1.26% to close at $42.47 yesterday. More Analyst Ratings here
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Wells Fargo Opens FE With Market Perform
Wednesday, January 5, 2011 - 7:01am | 43Analysts at Wells Fargo initiate coverage of FirstEnergy Corp (NYSE: FE) with a “market perform” rating. FE shares gained 0.61% to close at $37.89 yesterday. More Analyst Ratings here
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Top 4 Small-Cap Stocks In The Water Utilities Industry With The Highest Cash (CWCO, CWT, AWR, SJW)
Wednesday, January 5, 2011 - 5:35am | 145Below are the top small-cap water utility stocks on the NYSE and the NASDAQ in terms of cash. Consolidated Water Co Ltd (NASDAQ: CWCO) had $45.47 million in total cash and $18.65 million in total debt for the latest quarter. California Water Service Group (NYSE: CWT) had $9.74 million in total cash...
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PG&E Corporation Revises Rates - Analyst Blog
Tuesday, January 4, 2011 - 12:33pm | 460Pacific Gas and Electric Company, a unit of PG&E Corporation (PCG), lowered its average system-wide bundled electric rate by 0.8% from January 2011. The decline in rates was due to lower energy purchase prices, which offset the higher operating costs of the company. The rate decline will...
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PG&E Corporation Revises Rates - Analyst Blog
Tuesday, January 4, 2011 - 12:15pm | 460Pacific Gas and Electric Company, a unit of PG&E Corporation (PCG), lowered its average system-wide bundled electric rate by 0.8% from January 2011. The decline in rates was due to lower energy purchase prices, which offset the higher operating costs of the company. The rate decline will...
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Pepco Signs Power Saving Contract - Analyst Blog
Tuesday, January 4, 2011 - 12:03pm | 522Diversified energy company Pepco Holdings Inc. (POM) announced that its subsidiary, Pepco Energy Services, signed a $3.9 million worth comprehensive energy savings performance contract with Franklin County Housing Authority. As per the contract, Pepco will implement new water and energy saving...
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Ferrellgas Acquires Propane Assets - Analyst Blog
Tuesday, January 4, 2011 - 11:39am | 504Master limited partner, Ferrellgas Partners L.P. (FGP) has acquired Augusta, Georgia-based propane company, the Bennett Gas Company. Bennett Gas is an independent propane retailer serving the propane needs of residential and industrial customers in eastern Georgia and western South Carolinas....
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Pepco Signs Power Saving Contract - Analyst Blog
Tuesday, January 4, 2011 - 11:30am | 522Diversified energy company Pepco Holdings Inc. (POM) announced that its subsidiary, Pepco Energy Services, signed a $3.9 million worth comprehensive energy savings performance contract with Franklin County Housing Authority. As per the contract, Pepco will implement new water and energy saving...
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Puts Purchased on The AES Corporation (AES)
Tuesday, January 4, 2011 - 11:18am | 141Shares of The AES Corporation (NYSE: AES) are lower on the session by 0.56%, currently trading at $12.47. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Shares are testing a strong resistance level. Options...
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Ferrellgas Acquires Propane Assets - Analyst Blog
Tuesday, January 4, 2011 - 11:15am | 504Master limited partner, Ferrellgas Partners L.P. (FGP) has acquired Augusta, Georgia-based propane company, the Bennett Gas Company. Bennett Gas is an independent propane retailer serving the propane needs of residential and industrial customers in eastern Georgia and western South Carolinas....
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CEG to Serve Better with New Assets - Analyst Blog
Tuesday, January 4, 2011 - 11:03am | 556Constellation Energy Group Inc. (CEG) has agreed to buy a fleet of generation assets worth $1.1 billion in Boston, New England. As a part of the deal, Constellation Energy will acquire the 2,950-megawatt Boston Generating fleet comprising of five power plants that meet nearly half of the...
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Jefferies Reduces Estimates On Exelon
Tuesday, January 4, 2011 - 10:38am | 146Jefferies is reducing its 2010 and 2011 EPS estimates on Exelon (NYSE: EXC) to reflect an assumed higher tax rate associated with the company's manufacturing tax deduction. Qualified property placed into service after September 8, 2010 and before January 1, 2012 is eligible for 100% bonus...
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News Summary (EQT, MWE, AA, CCL)
Tuesday, January 4, 2011 - 10:34am | 210Shares of EQT Corp (NYSE: EQT) gained about 1.1% after the company agreed to sell its natural gas processing complex in Langley for $230 million to MarkWest Energy Partners LP (NYSE: MWE). The companies are expecting the deal to close in the first quarter. David Porges, EQT's president and chief...
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CEG to Serve Better with New Assets - Analyst Blog
Tuesday, January 4, 2011 - 10:30am | 556Constellation Energy Group Inc. (CEG) has agreed to buy a fleet of generation assets worth $1.1 billion in Boston, New England. As a part of the deal, Constellation Energy will acquire the 2,950-megawatt Boston Generating fleet comprising of five power plants that meet nearly half of the...
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CenterPoint Energy Resources to Sell $550 Million of Senior Notes
Tuesday, January 4, 2011 - 9:15am | 81CenterPoint Energy Resources Corp., an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today announced that it intends to sell through a private offering an aggregate of $550 million of senior notes due 2021 and senior notes due 2041. CERC intends to use the net proceeds...