Utilities

Wunderlich Securities reiterated its Buy rating on Constellation Energy (NYSE: CEG). At the same time, the rating agency left its price target on the company's stock unchanged at $43.50. On Wednesday, CEG added 0.95% to its value to finish the day at $38.21.

Deutsche Bank has lowered the price target on Northeast Utilities (NYSE: NU) from $35.50 to $35 and maintains its Hold rating.

NRG Energy, Inc. (NYSE: NRG) announced that Chief Financial Officer, Christian S. Schade, is leaving the Company in early September to return to the healthcare industry as Executive Vice President and Chief Financial Officer of Omthera Pharmaceuticals, Inc..

Citi reiterated its Hold rating on Dominion Resources (NYSE: D). At the same time, the rating agency left its price target on the company's stock unchanged at $50. On Wednesday, D added 1.16% to its value to finish the day at $48.66.

Goldman Sachs has raised the price target on ONEOK (NYSE: OKE) from $38 to $40 and maintains its Neutral rating.

Below are the top mid-cap electric utilities stocks on the NYSE and the NASDAQ in terms of cash. The AES Corporation (NYSE: AES) had $3.72 billion in total cash and $19.77 billion in total debt for the latest quarter. GenOn Energy Inc (NYSE: GEN) had $2.92 billion in total cash and $4.95 billion...

Alpha Natural Resources Inc (NYSE: ANR) is expected to report its Q2 EPS at $1.12 on revenue of $1.47 billion. Kraft Foods Inc (NYSE: KFT) is projected to report its Q2 EPS at $0.58 on revenue of $13.15 billion. CIGNA Corporation (NYSE: CI) is estimated to report its Q2 EPS at $1.29 on revenue of...

Shares of NRG Energy (NYSE: NRG) are lower on the session by 1.82%, trading at $23.26. Overall call volume is now running at 9.31x the daily average, with 91% of all calls traded being purchases on the offer. 1,694 contracts have traded on the session so far. NRG Energy, Inc. is a wholesale...

The Public Utility Commission of Texas (PUCT) today approved the merger of Exelon Corporation (NYSE: EXC) and Constellation Energy (NYSE: CEG). The companies submitted their joint application to the PUCT on May 17. Exelon and Constellation both own electric generation facilities that offer...

Wunderlich Securities made a number of price target changes in a research report published today. Chimera Investment (NYSE: CIM) had its price target reduced from $3.75 to $3. On Tuesday, CIM closed the day at $3.13. Its shares added 0.69% to their value in today's pre-market trading to stand...

MasterCard Inc (NYSE: MA) reported a 33% rise in its second-quarter profit. MasterCard reported its quarterly profit at $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, in the year-earlier period. However, analysts were expecting earnings of $4.22 per share. Its net...

El Paso Electric Co (NYSE: EE) reported upbeat second-quarter earnings and narrowed its full-year net profit forecast. El Paso Electric reported its quarterly net income at $33.0 million, or $0.78 per share, versus analysts' estimates of $0.63 per share. El Paso Electric now expects full-year...

Deutsche Bank is out with its report today on FirstEnergy (NYSE: FE), reiterating Buy. In its report, Deutsche Bank writes, "Q2 EPS of $0.64/sh was below our $0.67 est and consensus of $0.72 on higher costs due to plant outages. The bottom end of the 2011 EPS guidance range was raised $0.10 to $3....

Public Service Enterprise Group Inc (NYSE: PEG) released its results for the second quarter on Wednesday. PSEG reported its quarterly earnings at $323 million, or $0.63 per share, up from $224 million, or $0.44 per share, in the year-earlier period. Its adjusted earnings came in at $0.63 per...

Jefferies & Company has lowered the price target on Entergy (NYSE: ETR) from $77.50 to $76 and maintains its Buy rating.