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U.S. Geothermal Announces $5M Financing With Strategic Investors
Monday, February 28, 2011 - 10:38am | 142U.S. Geothermal Inc. (NYSE: HTM) announces today that it entered into agreements with a number of strategic investors, pursuant to which they have agreed to acquire, in total, approximately 5,000,000 Units of the Company at a price of $1.00. Each Unit consists of one share of common stock of the...
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News Summary
Monday, February 28, 2011 - 10:32am | 201Shares of AES Corp (NYSE: AES) gained about 0.5% after the company swung to a Q4 loss of $0.56 per share, from net income of $0.07 per share, in the year-earlier period. The company's adjusted earnings came in at $0.23 per share, up from $0.21 per share, in the year-ago period. The company's...
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SJI Reports Q4 EPS of $0.87 vs. $0.86
Monday, February 28, 2011 - 9:58am | 133South Jersey Industries (NYSE: SJI) today announced GAAP income from continuing operations for the fourth quarter of 2010 of $25.7 million, or $0.86 per share, as compared with $23.7 million, or $0.79 per share, for the fourth quarter of 2009. For the full year 2010, GAAP income from continuing...
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Edison International Reports Q4 EPS of $0.58 vs. $0.60
Monday, February 28, 2011 - 9:33am | 50Edison International (NYSE: EIX) today reported fourth quarter 2010 basic earnings of $0.51 per share, compared to $0.65 per share in the same quarter last year. Fourth quarter 2010 core earnings were $0.58 per share, compared to core earnings of $0.59 per share in the fourth quarter of 2009.
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AES Reports Q4 EPS of $0.23 vs. $0.25
Monday, February 28, 2011 - 9:19am | 78The AES Corporation (NYSE: AES) today reported results for the fourth quarter 2010. Consolidated Revenue increased by $628 million to $4.4 billion. Adjusted EPS increased $0.02 to $0.23 per share. The increase was primarily attributable to favorable operating results in Latin America and a lower...
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Deutsche Bank Comments On Northeast Utility Following Earnings Report; Maintains Hold Rating
Monday, February 28, 2011 - 8:56am | 170Northeast Utility (NYSE: NU) reported 13% growth in 2010 and looks set to deliver solid growth in 2011, with new guidance of $2.25-$2.40. The company remains on track to deliver its standalone growth rate of 6-9% and has expressed confidence in hitting the upper end of that range once merged with...
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UPDATE: Wunderlich Raises PT on Pepco Holdings to $18 (POM)
Monday, February 28, 2011 - 8:43am | 126Wunderlich is out with its report today on Pepco Holdings (NYSE: POM), raising its PT from $17 to $18. In a note to clients, Wunderlich writes, "Pepco Holdings reported 4Q10 EPS of $0.25 versus $0.18 a year ago (our estimate was $0.17). However, the 4Q10 results included a $0.07 gain from a federal...
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UPDATE: Wunderlich Raises PT on Northeast Utilities to $33 (NU)
Monday, February 28, 2011 - 8:40am | 148Wunderlich is out with its report today on Northeast Utilities (NYSE: NU), raising its PT from $31 to $33. In a note to clients, Wunderlich writes, "Hold-rated Northeast Utilities reported 4Q10 operating EPS of $0.69 vs. $0.48 a year ago (our estimate was $0.66). The 4Q10 results reflected better-...
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A Peek Into The Market Before The Trading Starts
Monday, February 28, 2011 - 8:32am | 359Pre-open movers US stock futures are higher this morning as investors are awaiting economic data, including personal income and pending home sales. Futures on the Dow Jones Industrial Average gained 15 points to 12,125.00. Futures on the S&P 500 stock index rose 0.50 point to 1,319 and Nasdaq...
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Wunderlich Securities Comments On Great Plains Energy Following Earnings
Monday, February 28, 2011 - 8:21am | 170Buy-rated Great Plains Energy (NYSE: GXP) reported 4Q/full-year EPS on Friday. As anticipated, GXP did not issue formal 2011 EPS guidance, but did provide a list of 2011 drivers. Wunderlich's 2011E EPS remains $1.35 and reflects absence of strong weather and regulatory lag. Wunderlich is fine-...
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Wunderlich Raises PT On Pepco Holdings To $18
Monday, February 28, 2011 - 7:56am | 27Wunderlich Securities has raised the price target on Pepco Holdings (NYSE: POM) from $17 to $18 and maintains its Hold rating.
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Wunderlich Raises PT On Northeast Utilities To $33
Monday, February 28, 2011 - 7:52am | 27Wunderlich Securities has raised the price target on Northeast Utilities (NYSE: NU) from $31 to $33 and maintains its Hold rating.
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AES Corp Reports Q4 Adjusted EPS of $0.23
Monday, February 28, 2011 - 7:40am | 57AES Corp (NYSE: AES) reports its Q4 adjusted EPS at $0.23, versus the consensus of $0.25. AES reports its Q4 revenue at $4.4 billion, versus the consensus of $3.8 billion. AES shares gained 1.57% to close at $12.26 on Friday. Read more from Benzinga's Company news.
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UniSource Energy Reports Q4 EPS of $0.29
Monday, February 28, 2011 - 7:34am | 56UniSource Energy (NYSE: UNS) reports its Q4 EPS at $0.29, versus the consensus of $0.28. UNS reports its Q4 revenue at $359.2 million, versus the consensus of $347 million. UNS shares rose 0.59% to close at $35.91 on Friday. Read more from Benzinga's Company news.
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US Stock Futures Down As Investors Await Economic Data, HSBC Down In Pre-Market Trading
Monday, February 28, 2011 - 7:31am | 381US stock futures are lower this morning, as investors are awaiting economic data, including personal income and pending home sales. Futures on the Dow Jones Industrial Average dropped 1 point to 12,109.00. Futures on the S&P 500 stock index slipped 1.60 points to 1,316.80 and Nasdaq 100 futures...