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UPDATE: NiSource Reports 38% Rise In Q2 Net Profit
Tuesday, August 2, 2011 - 6:01am | 75NiSource 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...
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LDK Solar to Provide Modules for Largest Private Net-Metered System in Western Hemisphere
Tuesday, August 2, 2011 - 5:48am | 142LDK 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...
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US Stock Futures Signal Lower Start On Wall Street
Tuesday, August 2, 2011 - 5:29am | 518US 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...
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Citigroup Raises PT on Calpine To $20
Tuesday, August 2, 2011 - 5:00am | 26Citigroup has raised the price target on Calpine Corporation (NYSE: CPN) from $19 to $20 and maintains its Buy rating.
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Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 3:20am | 3164Stocks 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...
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Earnings Scheduled For August 2
Tuesday, August 2, 2011 - 2:46am | 571Hyatt 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...
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Cheyenne Light, Fuel and Power Seeks Approval for 120 Megawatts of New Generation
Monday, August 1, 2011 - 3:38pm | 92Black Hills Corp. (NYSE: BKH) utility subsidiary Cheyenne Light, Fuel & Power announced today that it has filed for a certificate of public convenience and necessity with the Wyoming Public Service Commission to construct and operate a new $158 million electric generation facility within the...
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Options Brief: CenterPoint Energy
Monday, August 1, 2011 - 2:18pm | 85Shares of CenterPoint Energy (NYSE: CNP) are higher on the session by 0.05%, trading at $19.59. Overall call volume is now running at 10.54x the daily average, with 81% of all calls traded being purchases on the offer. 1,666 contracts have traded on the session so far. CenterPoint Energy, Inc....
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Progress Energy Earnings Preview: Analysts Expect Flat EPS
Monday, August 1, 2011 - 2:01pm | 542Progress Energy (NYSE: PGN) unveils its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 63 cents/share and revenues...
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Consolidated Edison Earnings Preview: Revenue, Earnings Expected to Rise
Monday, August 1, 2011 - 12:05pm | 569Consolidated Edison (NYSE: ED) announces its next round of earnings this Thursday, August 4, 2011. Here's Benzinga's essential guide to Consolidated Edison's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive...
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PG&E Earnings Preview: Analyts Expect Higher Earnings, Revenue
Monday, August 1, 2011 - 12:05pm | 573PG&E (NYSE: PCG) releases its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Wall Street expects an EPS of $1.03/share and revenues of $3.63 billion....
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Edison International Earnings Preview: Analysts Expect Rising Revenue
Monday, August 1, 2011 - 12:05pm | 586Edison International (NYSE: EIX) releases its next round of earnings this Thursday, August 4, 2011. Get prepared with Benzinga's ultimate preview for Edison International's second quarter earnings. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of...
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Earnings Preview: FirstEnergy's Revenue Expected to Rise
Monday, August 1, 2011 - 9:30am | 561FirstEnergy (NYSE: FE) releases its next round of earnings this Tuesday, August 2, 2011. Here's Benzinga's advanced look at FirstEnergy's second quarter earnings report. Earnings and Revenue: Wall Street expects an EPS of 75 cents/share and revenues of $3.97 billion. Investors will be keen to...
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J.P. Morgan Increases PT of EQT Corporation
Monday, August 1, 2011 - 9:15am | 31J.P. Morgan increased the PT of EQT Corporation (NYSE: EQT) from $51.50 to $71.50. Rating is set to Overweight. EQT closed at $63.48 on Friday.
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Bank of America Reiterates Buy Rating on Calpine
Monday, August 1, 2011 - 7:54am | 102Bank of America has published a report on Calpine (NYSE: CPN) covering 2Q earnings at the wholesale power company. In the report, Bank of America wrote, "We believe the reaction to CPN's revised 2011 adj. EBITDA guidance range of $1.7-$1.75 billion (previously $1.7 - $1.8 billion) and the lack of...