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Main Line Chamber of Commerce Selects Constellation NewEnergy as Preferred Energy Provider
Thursday, December 9, 2010 - 9:58am | 65The Main Line Chamber of Commerce today announced it has selected Constellation NewEnergy Inc., a subsidiary of Constellation Energy (NYSE: CEG), as the preferred energy provider for its members. The chamber's selection of Constellation NewEnergy will provide members with the tools to manage their...
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Deutsche Bank Has Hold On Exelon
Thursday, December 9, 2010 - 8:48am | 179Deutsche Bank has a Hold rating and a $42 price target on Exelon Corporation (NYSE: EXC). In a note sent to investors, Deutsche Bank writes, "Last night Exelon announced that it would close Oyster Creek, a 625 MW nuclear plant, in 2019, a decade before its operating license expires. EXC cited low...
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Water ETFs Could Pour on Profits (PHO, PIO, CGW)
Wednesday, December 8, 2010 - 10:24pm | 554Contributed by ETF Tutor Both macro and microeconomic forces suggest that the global water sector is destined to see exponential growth paving the path to opportunity for the PowerShares Water Resources (PHO), the PowerShares Global Water (PIO) and the Guggenheim S&P Global Water (CGW). From a...
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Stocks for a Comfortable Retirement - Analyst Blog
Wednesday, December 8, 2010 - 6:33pm | 952One of the true joys of long-term investing is that eventually you can end up with a yield on your original investment that is well into the double digits. For someone aged 45, for instance, a portfolio of stocks bought with solid dividends (and dividends that rise year after year) could provide...
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DPL Increases Dividend to 33.25 Cents
Wednesday, December 8, 2010 - 6:01pm | 49The Board of Directors of DPL Inc. (NYSE: DPL) today increased the quarterly dividend for DPL common stock from $0.3025 to $0.3325 per common share, effective with the next dividend declaration date. This action increases the annualized dividend from $1.21 to $1.33 per common share.
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Stocks for a Comfortable Retirement - Analyst Blog
Wednesday, December 8, 2010 - 5:59pm | 952One of the true joys of long-term investing is that eventually you can end up with a yield on your original investment that is well into the double digits. For someone aged 45, for instance, a portfolio of stocks bought with solid dividends (and dividends that rise year after year) could provide...
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Duke Energy Finances Wind Project - Analyst Blog
Wednesday, December 8, 2010 - 4:03pm | 487Duke Energy Corporation (DUK) has made available $231 million finance for its Top of the World wind power project in Wyoming. The non-recourse credit facilities at its disposal consist of an 18-year term loan worth $193 million, and nearly $38 million in letters of credit. Located near Casper,...
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Duke Energy Finances Wind Project - Analyst Blog
Wednesday, December 8, 2010 - 3:31pm | 487Duke Energy Corporation (DUK) has made available $231 million finance for its Top of the World wind power project in Wyoming. The non-recourse credit facilities at its disposal consist of an 18-year term loan worth $193 million, and nearly $38 million in letters of credit. Located near Casper,...
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Progress Energy Board Declares Dividend of $.62
Wednesday, December 8, 2010 - 3:10pm | 53Progress Energy's (NYSE: PGN) board of directors today declared a dividend on the company's common stock. The quarterly dividend was declared at 62 cents per share, payable Feb. 1, 2011, to shareholders of record as of Jan. 10, 2011. This represents an expected total annual dividend for 2011 of $2...
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CEMIG Upgraded to Neutral - Analyst Blog
Wednesday, December 8, 2010 - 1:18pm | 409We recently upgraded Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, from an Underperform to a Neutral recommendation. CEMIG is one of the largest integrated electric utilities in Brazil. It has more than 6,716 megawatts of installed generation capacity, deriving approximately...
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CEMIG Upgraded to Neutral - Analyst Blog
Wednesday, December 8, 2010 - 12:49pm | 409We recently upgraded Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, from an Underperform to a Neutral recommendation. CEMIG is one of the largest integrated electric utilities in Brazil. It has more than 6,716 megawatts of installed generation capacity, deriving approximately...
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Stock Market News for December 8, 2010 - Market News
Wednesday, December 8, 2010 - 11:03am | 868Agreement on extending the Bush-era tax cuts for another two years did little to boost stocks Tuesday as concerns over European finances and a sharp jump in bond yields tempered investors' enthusiasm. The Dow Jones industrial average, after rising as much as 89 points, closed with a drop of...
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Stock Market News for December 8, 2010 - Market News
Wednesday, December 8, 2010 - 10:28am | 868Agreement on extending the Bush-era tax cuts for another two years did little to boost stocks Tuesday as concerns over European finances and a sharp jump in bond yields tempered investors' enthusiasm. The Dow Jones industrial average, after rising as much as 89 points, closed with a drop of...
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Advantage IQ Acquires The Loyalton Group for $7.5M
Wednesday, December 8, 2010 - 10:11am | 123Advantage IQ, Inc, a subsidiary of Avista Corp. (NYSE: AVA), announced today that it has entered into an agreement to acquire The Loyalton Group, a Minneapolis-based energy management firm. The company has long been a leader in the hospitality industry, with a strong presence in the multi-family...
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AGL Acquiring Nicor for $3.1B - Analyst Blog
Wednesday, December 8, 2010 - 10:03am | 486AGL Resources (AGL)– the owner of Atlanta's natural-gas utility – has agreed to acquire natural gas distributor Nicor Inc. (GAS) for about $3.1 billion in cash, stock and debt. The deal will create a big new natural gas distributor with about 4.5 million customers across seven states, annual...