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JP Morgan Raises UIL PT To $30
Tuesday, April 12, 2011 - 7:42am | 98JP Morgan has issued a report raising the Price Target on UIL Holdings (NYSE: UIL) from $29 to $30 a share. According to the report, “We expect UIL to earn its allowed ROEs, and do so without rate cases at its gas utilities for the next several years (UIL likely files an electric case this year)....
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A Peek Into The Market Before The Trading Starts
Tuesday, April 12, 2011 - 7:29am | 427Pre-open movers US stock futures are lower this morning, as Alcoa Inc (NYSE: AA) reported disappointing Q1 sales. Futures on the Dow Jones Industrial Average dipped 55 points to 12,266.00 and futures on the S&P 500 stock index fell 7.30 points to 1,312.30. Nasdaq 100 futures dropped 10.50...
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JP Morgan Raises PT On UIL Holdings To $30
Tuesday, April 12, 2011 - 6:51am | 28JP Morgan has raised the price target on UIL Holdings Corporation (NYSE: UIL) from $29 to $30 and maintains its Neutral rating.
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Barclays Ups EIX To Overweight
Tuesday, April 12, 2011 - 6:39am | 50Analysts at Barclays upgrade Edison International (NYSE: EIX) from “equal weight” to “overweight.” The target price for EIX has been raised from $41 to $43. EIX shares fell 1.29% to close at $36.79 yesterday. More Analyst Ratings here
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Top 4 Mid-Cap Stocks In The Gas Utilities Industry With The Highest Cash (TEG, ATO, GAS, NFG)
Tuesday, April 12, 2011 - 12:17am | 137Below are the top mid-cap gas utilities stocks on the NYSE and the NASDAQ in terms of cash. Integrys Energy Group Inc (NYSE: TEG) had $179.90 million in total cash and $2.65 billion in total debt for the latest quarter. Atmos Energy Corporation (NYSE: ATO) had $129.89 million in total cash and $...
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Mad Money Lightning Round: Cramer Likes OpenTable (WEC, DFS, OPEN, FAST, NTES, BIDU, SINA, TSLA, PPO, BAC)
Tuesday, April 12, 2011 - 12:14am | 297On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Wisconsin Energy (NYSE: WEC) is a “growth utility, but I want to ring the register. Let's not give that gain back." For Discover Financial Services (NYSE: DFS), he said, "They are blowing away the numbers and I'm not chasing it...
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Synthesis Energy Systems Hits 52-Week High (SYMX)
Monday, April 11, 2011 - 2:18pm | 34Synthesis Energy Systems (NASDAQ: SYMX) has hit a 52-week high in today's trading. At last check the year-to-date performance of Synthesis has been a gain of 15.9%.
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Options Brief: PPL Corporation (PPL)
Monday, April 11, 2011 - 11:14am | 111Shares of PPL Corporation (NYSE: PPL) are lower on the session by 0.85%, trading at $25.65. Overall put volume is now running at 2.54x the daily average, with 48% of all puts traded being purchases on the offer. 2,460 contracts have traded on the session so far. PPL Corporation is an energy and...
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PPL To Issue 80 Million Shares Of Common Equity, Goldman Maintains Buy
Monday, April 11, 2011 - 9:10am | 171Goldman Sachs has published a research report on PPL Corporation (NYSE: PPL) after the company announced today that it plans to issue 80 million shares of common equity and raised $750 million in covertible equity units. In the report, Goldman Sachs writes, "As highlighted in our March 2 note on...
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Wunderlich Securities On POM Outlook
Monday, April 11, 2011 - 9:02am | 105Wunderlich Securities has issued a report on the outlook for Pepco Holdings (NYSE: POM). According to Wunderlich, “On top of these regulatory challenges, the MAPP transmission project is also likely to be delayed, and management expects to issue $250-$350 million of new equity in 2012. We are...
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Dynegy Names Harrison Interim CEO (DYN)
Monday, April 11, 2011 - 8:35am | 15Dynegy Names Harrison Interim CEO (NYSE: DYN)
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Dynegy Names Hunter Harrison Interim President and CEO
Monday, April 11, 2011 - 8:34am | 48Dynegy Inc. (NYSE: DYN) today announced that E. Hunter Harrison, currently a Dynegy director, has been appointed interim President and Chief Executive Officer. Mr. Harrison replaces David W. Biegler, who has served as Dynegy's interim President and Chief Executive Officer.
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Goldman Sachs Raises CPN Target From $16 To $19
Monday, April 11, 2011 - 8:13am | 25Goldman Sachs is raising its PT shares of Calpine (NYSE: CPN) from $16 to $19. Calpine closed Friday at $16.63.
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Goldman Sachs Reiterates Sell Rating On EXC
Monday, April 11, 2011 - 8:10am | 41Goldman Sachs reiterates its Sell rating on shares of Exelon Corp. (NYSE: EXC) “due to lackluster growth, unattractive valuation and our view of limited upside from the upcoming auctions.” Exelon closed Friday at $40.44.
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Wunderlich Securities Comments On Constellation Energy Group After Meeting With Management
Monday, April 11, 2011 - 7:35am | 177Wunderlich Securities had an opportunity to meet with the management of Constellation Energy (NYSE: CEG) late last week to review the company's outlook. Management suggested the combination of modestly better than expected retail margins year to date, the potential for improving wholesale prices,...