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Williams Companies Earnings Preview: Analysts Expect Higher EPS
Friday, July 29, 2011 - 9:05am | 603Williams Companies (NYSE: WMB) announces its next round of earnings this Wednesday, August 3, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are...
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Bank of America Reviews Quarter for Wisconsin Energy Corporation
Friday, July 29, 2011 - 8:10am | 139Bank of America has published a report on Wisconsin Energy Corporation (NYSE: WEC) changing estimates on the energy holding company. In the report, Bank of America wrote, "Wisconsin Energy reported Q2 operating EPS of $0.41 vs. $0.37 last year. This was ahead of our $0.37E and the $0.40 consensus...
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Wunderlich Maintains Hold on DTE Energy
Friday, July 29, 2011 - 8:07am | 92Wunderlich is out with its report today on DTE Energy (NYSE: DTE), maintaining Hold. In a note to clients, Wunderlich writes, "Management expects to give additional details on its reduced emissions fuel strategy this fall. In the meantime, we would argue the stock already anticipates a...
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Wells Fargo Upgrading AmeriGas Partners
Friday, July 29, 2011 - 7:48am | 182Wells Fargo Securities is out with a research report on AmeriGas Partners, L.P. (NYSE: APU) and is upgrading shares to Market Perform and it has a $42-$44 price target. In a note to clients, Wells Fargo Securities writes, "We are raising our rating on APU to Market Perform from Underperform based...
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Wells Fargo Upgrades APU, EVEP
Friday, July 29, 2011 - 7:31am | 37Wells Fargo has upgraded the following companies: AmeriGas Partners (NYSE: APU) to Market Perform EV Energy Partners (NASDAQ: EVEP) to Outperform
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Energy Transfer Equity and Southern Union Company Announce Expiration of Hart-Scott-Rodino Review Period
Friday, July 29, 2011 - 7:12am | 94Energy Transfer Equity, L.P. (NYSE: ETE) and Southern Union Company (NYSE: SUG) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) has expired in connection with the previously announced amended and restated merger agreement under which...
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EARNINGS WATCH
Friday, July 29, 2011 - 7:10am | 51Newmont Mining (NEM): Q2 EPS of $0.90 misses by $0.09. Revenue of $2.40B (+10.7% Y/Y) misses by $110M. Calpine (CPN): Q2 EPS of -$0.14 misses by $0.15. Revenue of $1.63B (+14% Y/Y) beats by $180M. Aon Corporation (AON): Q2 EPS [...]
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OG&E Requests 2012 Rate Increase
Friday, July 29, 2011 - 6:14am | 314OG&E announced today that it will seek an annual rate increase of approximately $73 million that if approved would be effective in 2012. In its filing at the Oklahoma Corporation Commission, the company said it will request approval to recover costs for nearly $500 million in new investments...
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Wunderlich Securities Reiterates Hold and PT of $52 on DTE Energy
Friday, July 29, 2011 - 5:18am | 48Wunderlich Securities reiterated its Hold rating on DTE Energy (NYSE: DTE). At the same time, the rating agency left its price target on the company's stock unchanged at $52. On Thursday, DTE added 0.34% to its value to end the day at $50.88.
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Wunderlich Securities Reiterates Buy and PT of $23 on Great Plains Energy
Friday, July 29, 2011 - 5:15am | 62Wunderlich Securities reiterated its Buy rating on Great Plains Energy (NYSE: GXP). At the same time, the rating agency left its price target on the company's stock unchanged at $23. On Thursday, GXP lost 1.56% of its value to finish the day at $20.17. Its shares continued to slide in today's pre-...
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US Stock Futures Down On Debt Worries
Friday, July 29, 2011 - 5:13am | 527US stock futures are lower this morning, after Thursday's House budget vote on the US debt ceiling was rescheduled. Futures for the Dow Jones Industrial Average dipped 55 points to 12,138.00 and S&P 500 index futures fell 5.70 points to 1,291.10. Nasdaq 100 futures dropped 7.75 points to 2,362....
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Earnings Scheduled For July 29
Friday, July 29, 2011 - 3:18am | 424Chevron Corporation (NYSE: CVX) is projected to report its Q2 EPS at $3.56 on revenue of $71.58 billion. Aon Corporation (NYSE: AON) is expected to report its Q2 EPS at $0.82 on revenue of $2.74 billion. Newell Rubbermaid Inc (NYSE: NWL) is estimated to report its Q2 EPS at $0.42 on revenue of $...
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Wunderlich Securities Reiterates Hold on Wisconsin Energy, Raises PT to $31
Friday, July 29, 2011 - 3:10am | 48Wunderlich Securities reiterated its Hold rating on Wisconsin Energy (NYSE: WEC). At the same time, the rating agency raised its price target on the company's stock from $30 to $31. On Thursday, WEC lost 0.96% of its value to end the day at $30.97.
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Wunderlich Securities Reiterates Hold and PT of $73 on ITC Holdings
Friday, July 29, 2011 - 3:07am | 48Wunderlich Securities reiterated its Hold rating on ITC Holdings (NYSE: ITC). At the same time, the rating agency left its price target on the company's stock unchanged at $73. On Thursday, ITC lost 0.41% of its value to end the day at $70.95.
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Stocks Going Ex Dividend the Second Week of August
Thursday, July 28, 2011 - 4:58pm | 728Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...