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Puts Purchased on Entergy Corporation (ETR)
Wednesday, February 16, 2011 - 1:26pm | 126Shares of Entergy Corporation (NYSE: ETR) are lower on the session by 0.65%, currently trading at $71.36. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Options Brief: SCANA Corporation (SCG)
Wednesday, February 16, 2011 - 12:14pm | 94Shares of SCANA Corporation (NYSE: SCG) are lower on the session by 0.12%, trading at $40.29. Overall put volume is now running at 227.27x the daily average, with 0% of all puts traded being purchases on the offer. 2,500 contracts have traded on the session so far. SCANA Corporation, through its...
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Three ETFs For World's Water Shortage
Wednesday, February 16, 2011 - 12:09pm | 646Both macro and microeconomic forces suggest that the global water sector is destined to see exponential growth paving the path to opportunity for the PowerShares Water Resources (PHO), the PowerShares Global Water (PIO) and the Guggenheim S&P Global Water (CGW). From a macro perspective,...
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ALLETE Reports Q4 EPS of $0.38 vs. $0.44
Wednesday, February 16, 2011 - 9:41am | 40ALLETE, Inc. (NYSE: ALE) today reported 2010 earnings of $2.19 per share, a 16 percent increase over the $1.89 per share recorded in 2009. Fourth Quarter: Total Operating Revenue $238.1M Net Income Attributable to ALLETE $13.3M EPS $0.38
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Jefferies Lowers PT On American Electric Power To $38.50
Wednesday, February 16, 2011 - 8:26am | 28Jefferies & Company has lowered the price target on American Electric Power (NYSE: AEP) from $39 to $38.50 and maintains its Hold rating.
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Earnings Scheduled For February 16 (CMCSA, GENZ, DVN, DE, ANF, DF, NTAP, FE. CBS, CVC, NVDA, KGC)
Wednesday, February 16, 2011 - 4:26am | 311Comcast (NASDAQ: CMCSA) is expected to post its Q4 EPS at $0.32 on revenue of $9.58 billion. Genzyme Corp (NASDAQ: GENZ) is projected to report its Q4 EPS at $0.86 on revenue of $1.17 billion. Devon Energy Corp (NYSE: DVN) is estimated to post its Q4 EPS at $1.41 on revenue of $2.37 billion....
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Stocks Going Ex Dividend the Fourth Week of February
Tuesday, February 15, 2011 - 11:31pm | 733Here 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...
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Options Brief: NRG Energy (NRG)
Tuesday, February 15, 2011 - 2:25pm | 116Shares of NRG Energy (NYSE: NRG) are higher on the session by 0.58%, trading at $20.75. Overall put volume is now running at 2.97x the daily average, with 50% of all puts traded being purchases on the offer. 2,006 contracts have traded on the session so far. NRG Energy, Inc. is a wholesale power...
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Calls Purchased on American Electric Power Company (AEP)
Tuesday, February 15, 2011 - 11:41am | 132Shares of American Electric Power Company (NYSE: AEP) are higher on the session by 0.53%, currently trading at $35.71. The stock has been moving largely lower over the past four months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on...
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Dahlman Rose Gives Color, Updates Estimates On Entergy Corp. Following Earnings
Tuesday, February 15, 2011 - 10:56am | 189Entergy Corporation (NYSE: ETR) reported 4Q10 adjusted EPS of $1.30/share after pre-reporting $1.29 on January 24. The $1.30/share represents a $0.45 decline versus $1.75 reported in the year-ago period. Utility segment earnings declined to $0.63/share from $0.72 in the year ago period due to...
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Pepco Energy Signs Master Agreement with the Energy Services of Pensacola
Tuesday, February 15, 2011 - 10:05am | 79Pepco Energy Services, Inc., a subsidiary of Pepco Holdings, Inc. (NYSE: POM) has signed a Master Agreement with Energy Services of Pensacola, a natural gas provider that is owned and operated by the City of Pensacola, Florida. Under the terms of the agreement, Pepco Energy will act as the...
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Benzinga's Top Upgrades (CRM, ADI, EIX, DLTR)
Tuesday, February 15, 2011 - 9:21am | 133Salesforce.com (NYSE: CRM) was upgraded by Jefferies from "hold" to "buy." CRM's shares closed at $142.22 yesterday. CRM's trailing-twelve-month revenue is $1.55 billion. JP Morgan upgraded Analog Devices Inc (NYSE: ADI) from "neutral" to "overweight." ADI's shares closed at $40.99 yesterday....
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Citi Ups Price Target On Edison International (EIX)
Tuesday, February 15, 2011 - 8:20am | 147Citi Investment Research is raising its price target on shares of Edison International (NYSE: EIX) to $36 from $35, and has a Hold rating on shares. In a note to clients, Citi writes, "At the time of our downgrade of Edison International, concurrent with our measured view of regulatory outlook for...
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Citigroup Upgrades Edison International To Hold, PT To $36
Tuesday, February 15, 2011 - 8:11am | 27Citigroup has upgraded Edison International (NYSE: EIX) from Sell to Hold and has raised the price target from $35 to $36.
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Dahlman Rose Reiterates Hold Rating on Constellation Energy Group (CEG)
Monday, February 14, 2011 - 4:55pm | 101Dahlman Rose is out with a research report this afternoon, where it reiterates its Hold rating on Constellation Energy Group (NYSE: CEG). The DR analysts cited the company's recent guidance update, where Constellation reiterated its 2011 and 2012 EPS guidance of $3.10-3.40 and $2.40-2.70,...