Utilities

Bank of America has initiated coverage on Sempra Energy (NYSE: SRE) with a Neutral rating and $55 price objective.

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Travelers Companies (NYSE: TRV) is the “cheapest stock in the Dow. I want to buy Travelers right here." For Micron Technology (NASDAQ: MU), he said, "You don't want to own Micron. It's not a good tech stock and it's not the...

Westar Energy, Inc. (NYSE: WR) today filed with the Kansas Corporation Commission a request to recover the increased costs of providing electric service to customers. Westar is seeking to increase its base prices about 5.85 percent. Adjusted for inflation, Westar's average rates for electricity...

As Hurricane Irene gathers strength off the East Coast, FirstEnergy Corp. (NYSE: FE) utilities Jersey Central Power & Light (JCP&L), Metropolitan Edison (Met-Ed) and Potomac Edison are mobilizing employees and resources to help aid the restoration process should the storm impact customers'...

Shares of NiSource (NYSE: NI) are lower on the session by 2.45%, currently trading at $20.34. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the October 2011 $22.50...

AmeriGas Partners (NYSE: APU) today announced the expiration and final results of the previously announced tender offer for any and all of its outstanding 7 ⅛% Senior Notes due 2016. The tender offer expired at 11:59 p.m. New York City time on August 23, 2011, and a total of $306,660,000 in...

Ben Fowke today became chairman, president and chief executive officer of Xcel Energy Inc (NYSE: XEL). He succeeds Richard C. Kelly, who announced at the company's annual shareholder meeting in May that he would retire in August. Fowke previously was president and chief operating officer. Kelly...

Shares of Entergy (NYSE: ETR) are higher on the session by 1.80%, currently trading at $63.48. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the January...

Sodastream International (NASDAQ: SODA) +5.42% on heavy volume. MGM Resorts International (NYSE: MGM) +7.46% after touching 52-week lows yesterday. Bank of America Corp (NYSE: BAC) +8.57% after Raymond James reiterates Strong Buy and $16 PT. ATP Oil & Gas Corporation (NASDAQ: ATPG) +6.45 on...

ONEOK, Inc. (NYSE: OKE) today announced that it has completed its $300 million accelerated share repurchase agreement with Barclays Capital that was announced on May 17, 2011. Under the terms of the accelerated repurchase agreement, Barclays Capital delivered 3,691,372 million shares to ONEOK on...

A powerful earthquake felt throughout the mid-Atlantic region this afternoon (8/23) has not affected regular operation at PPL Corporation's (NYSE: PPL) Susquehanna nuclear power plant near Berwick. Unit 1 of the plant continues to operate normally at full power. Unit 2 had previously shut down for...

Shares of Public Service Enterprise Group (NYSE: PEG) are higher on the session by 0.19%, currently trading at $31.95. The stock has been moving largely lower over the past three months, but it is currently trading above the 50-day average. Options traders are focusing on calls today. A short...

Shareholders of Progress Energy Inc. (NYSE: PGN) have overwhelmingly approved the proposed merger with Duke Energy (NYSE: DUK). At a special shareholders' meeting held this morning in Raleigh, more than 95 percent of the Progress Energy shares voted were in favor of the merger. Most votes had been...

UBS downgraded its Public Service Enterprise Group (NYSE: PEG) rating from Buy to Neutral and lowered its Public Service Enterprise Group price target from $35 to $33 in a research report published today. Shares of Public Service Enterprise Group were trading at $31.89 at the time of posting,...

UBS upgraded its NRG Energy (NYSE: NRG) rating from Neutral to Buy in a research report published today. Shares of NRG Energy were trading at $21.68 at the time of posting, up 2.31% from Monday's market close.