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Dominion Proceeds on 1.3GW Project - Analyst Blog
Wednesday, December 22, 2010 - 3:45pm | 525Dominion Virginia Power, a subsidiary of Dominion Resources Inc. (D), received the required air permit from the Virginia Air Pollution Control Board for its 1,300-megawatt, combined cycle Warren County Power Station near Front Royal. In conjunction with the air permit, Dominion has also made a...
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Puts Purchased on Entergy Corporation (ETR)
Wednesday, December 22, 2010 - 1:56pm | 126Shares of Entergy Corporation (NYSE: ETR) are higher on the session by 1.50%, currently trading at $71.57. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Options Brief: ONEOK (OKE)
Wednesday, December 22, 2010 - 11:28am | 81Shares of ONEOK (NYSE: OKE) are higher on the session by 0.44%, trading at $55.24. Overall call volume is now running at 7.71x the daily average, with 8% of all calls traded being purchases on the offer. 1,064 contracts have traded on the session so far. ONEOK, Inc. is a diversified energy company...
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Massive Rate Hike for Georgia Power - Analyst Blog
Wednesday, December 22, 2010 - 9:33am | 430Georgia Power – electricity producer Southern Co's. (SO) biggest unit – has won state approval for a massive base rate hike over three years. Starting next month, Georgia Power bills for its 2.4 million customers will jump about $15, one of the largest rate increases in the state's history. The...
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Benzinga's Top Upgrades (PCLN, DRL, CEG, SVU)
Wednesday, December 22, 2010 - 9:32am | 137priceline.com Incorporated (NASDAQ: PCLN) was upgraded by ThinkEquity from “hold” to “buy.” PCLN's shares closed at $407.00 yesterday. PCLN's trailing-twelve-month ROE is 33.13%. Sterne Agee upgraded Doral Financial Corporation (NYSE: DRL) from "sell" to "neutral." DRL's shares closed at $1.29...
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Massive Rate Hike for Georgia Power - Analyst Blog
Wednesday, December 22, 2010 - 9:00am | 430Georgia Power – electricity producer Southern Co's. (SO) biggest unit – has won state approval for a massive base rate hike over three years. Starting next month, Georgia Power bills for its 2.4 million customers will jump about $15, one of the largest rate increases in the state's history. The...
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Citi Upgrades Constellation Energy Group (CEG)
Wednesday, December 22, 2010 - 8:03am | 106Citi Investment Research upgraded shares of Constellation Energy Group, Inc. (NYSE: CEG) to Buy and raised its price target to $35 from $33 to go along with the upgrade. In a note sent to clients, Citi writes, "Since EDF and Constellation elected to part ways, CEG's share price has underperformed...
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Citigroup Ups CEG To Buy
Wednesday, December 22, 2010 - 7:58am | 51Analysts at Citigroup upgrade Constellation Energy Group Inc (NYSE: CEG) from “hold” to “buy.” The target price for CEG has been raised from $33 to $35. CEG shares gained 2.81% to close at $29.62 yesterday. More Analyst Ratings here
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Citigroup Upgrades Constellation Energy To Buy
Wednesday, December 22, 2010 - 7:23am | 28Citigroup has upgraded Constellation Energy Group (NYSE: CEG) from Hold to Buy and has raised the price target from $33 to $35.
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PPL Corp. Sells Three Hydro Plants - Analyst Blog
Tuesday, December 21, 2010 - 7:03pm | 470Electric utility PPL Corporation (PPL) successfully sold its remaining three hydroelectric generating facilities in Maine to the Penobscot River Restoration Trust, with a view to protecting the Atlantic salmon and other migratory fishes in Maine's Penobscot River. PPL Corp. will receive roughly $...
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PPL Corp. Sells Three Hydro Plants - Analyst Blog
Tuesday, December 21, 2010 - 6:44pm | 470Electric utility PPL Corporation (PPL) successfully sold its remaining three hydroelectric generating facilities in Maine to the Penobscot River Restoration Trust, with a view to protecting the Atlantic salmon and other migratory fishes in Maine's Penobscot River. PPL Corp. will receive roughly $...
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Buckeye Acquires Stake in BORCO - Analyst Blog
Tuesday, December 21, 2010 - 6:33pm | 764Buckeye Partners L.P. (BPL) has agreed to buy an 80% interest in Bahamas Oil Refining Company International (BORCO), the largest petroleum products storage terminal in the Caribbean, from First Reserve Corporation for $1.36 billion. Located only 80 miles from the Florida coast, BORCO is the...
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Carl Icahn Pumps Gas
Tuesday, December 21, 2010 - 6:33pm | 415On Monday, it was announced that billionaire trader and investor Carl Icahn increased his stake in Chesapeake Energy (CHK) from from 16.6 million shares to 38.6 million shares, an increase of over 132%. This announcement set off a buying frenzy, causing the stock to jump almost 9% during the day....
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Buckeye Acquires Stake in BORCO - Analyst Blog
Tuesday, December 21, 2010 - 6:15pm | 764Buckeye Partners L.P. (BPL) has agreed to buy an 80% interest in Bahamas Oil Refining Company International (BORCO), the largest petroleum products storage terminal in the Caribbean, from First Reserve Corporation for $1.36 billion. Located only 80 miles from the Florida coast, BORCO is the...
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New Highs - Screen of the Week
Tuesday, December 21, 2010 - 5:33pm | 232Kevin Matras talks about stocks making new highs and why you shouldn't be afraid to buy them. Highlighted stocks include DPZ, NAV, GRA, KS and R. DOMINOS PIZZA (DPZ): Free Stock Analysis Report GRACE (WR) NEW (GRA): Free Stock Analysis Report KAPSTONE PAPER (KS): Free Stock Analysis Report NAVISTAR...