Utilities

Wells Fargo has initiated coverage on Constellation Energy Group (NYSE: CEG) with a Market Perform rating.

Entergy Corp (NYSE: ETR) reported upbeat second-quarter earnings on Tuesday. Entergy's quarterly earnings rose to $315.6 million, or $1.76 per share, from 315.3 million, or $1.65 per share, in the year-earlier period. Its revenue dropped 2% y/y to $2.8 billion. However, analysts were expecting...

This is your Benzinga news summary and traders' outlook for Tuesday, August 2, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower even after the House voted to pass a deal to raise the nation's debt...

American Tower Corporation (NYSE: AMT) rose 2.88% to $54.01 in the pre-market session. AMT reported a 27.1% rise in its Q2 total revenue. Chesapeake Energy Corporation (NYSE: CHK) added 2.42% to $35.18 in the pre-market session. CHK declared a $0.0875 per share quarterly dividend. Duke Energy...

Ladenburg Thalmann reiterated its Buy rating on Aqua America (NYSE: WTR). At the same time, the rating agency left its price target on the company's stock unchanged at $25. On Monday, WTR added 0.71% to its value to end the day at $21.30.

Hilliard Lyons upgraded Southern Company (The) (NYSE: SO) from “neutral” to “buy.” SO's shares closed at $39.66 yesterday. SO's trailing-twelve-month revenue is $17.62 billion. FBR Capital upgraded Camden Property Trust (NYSE: CPT) from “underperform” to “market perform.” CPT's shares closed at $...

Duke Energy (NYSE: DUK) swung to a profit in the second quarter. Duke Energy reported a quarterly profit at $435 million, or $0.33 per share, versus a loss of $222 million, or $0.17 per share, in the year-earlier period. Duke Energy's adjusted net income came in at $0.33 per share. Its operating...

Citi has published a report on Calpine Corporation (NYSE: CPN) brightening the view of the energy company's future. In the report, Citi wrote, "We are raising our utilization assumptions for Calpine's North and Southeast combined cycle gas turbine fleet to 44% for 2013, up from 41%. EPA's...

Citi reiterated its Hold rating on MDU Resources Group (NYSE: MDU). At the same time, the rating agency left its price target on the company's stock unchanged at $24. On Monday, MDU closed the day at $21.56. Its shares lost 1.07% of their value in today's pre-market trading to stand around $21.33.

NiSource Inc (NYSE: NI) reported a 38% surge in its second-quarter net profit. NiSource's quarterly net profit rose to $38.9 million, or $0.14 per share, from $28.1 million, or $0.10 per share, in the year-ago period. Its gross revenue climbed 4.9% to $1.23 billion. NiSource's operating earnings...

LDK Solar Co., Ltd. (NYSE: LDK) today announced that the Company has signed an agreement with Advanced Solar Products, of Flemington, New Jersey, to supply 58,803 PV modules for the largest privately-owned, net-metered solar project in the Western Hemisphere at the East Windsor, New Jersey campus...

US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 49 points to 11,991.00 and S&P 500 index futures fell 6.50 points to 1,273.20. Nasdaq 100 futures dropped 10.25 points to 2,335.75. US stocks closed lower on Monday, with the Dow Jones Industrial...

Citigroup has raised the price target on Calpine Corporation (NYSE: CPN) from $19 to $20 and maintains its Buy rating.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...

Hyatt Hotels Corporation (NYSE: H) is expected to report its Q2 EPS at $0.15 on revenue of $910.14 million. Archer-Daniels-Midland Company (NYSE: ADM) is projected to report its FQ4 EPS at $0.85 on revenue of $20.43 billion. Coach Inc (NYSE: COH) is projected to report its Q4 EPS at $0.65 on...