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Public Service Enterprise (PEG)
Power producer Public Service Enterprise Group reported third-quarter earnings from continuing operations was $488 million, or 96 cents a share, compared with net income of $476 million, or 94 cents per share, a year earlier.
Oct 28 · 1:39:00 PM · Source: Company News Releaseq
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by Larry Etter
American Electric Power (AEP)
American Electric Power Co declared on Tuesday a regular quarterly cash dividend of $0.41 per share on the company's common stock.
This dividend is due on 10 December 2009 to shareholders of record as of 10 November 2009.
Oct 28 · 12:22:00 PM · Source: Trading Markets
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by Michael Oliveto
Entergy (ETR)
Entergy has been recognized as one of the Top 10 utilities in North America for its work to support economic development for the second straight year.
The recognition came from Site Selection magazine. Site Selection recognizes utilities for their performance in four categories: capital investment, job creation, capital investment per capita, and jobs per 10,000 in population during the course of the 2008 calendar year.
Oct 27 · 2:03:00 PM
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by Michael Oliveto
Firstenergy (FE)
FirstEnergy Corp. said today third quarter 2009 basic and diluted earnings of $0.77 per share of common stock on net income of $230 million and revenue of $3.4 billion. In the third quarter of 2008 basic earnings were $1.55 ($1.54 diluted) per share of common stock on net income of $471 million and revenue of $3.9 billion.
The company said economic downturn and mild weather in its service area held down third quarter results.
Oct 27 · 10:30:00 AM · Source: Company News Release
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by Larry Etter
Exelon (EXC)
Excelon reported earnings of $1.14 per share on net income of $757 million versus $1.06 per share on earnings of $700 million in the year ago period.
"We are achieving our financial commitments despite difficult weather, economic and market conditions," said John W. Rowe, Exelon’s chairman and CEO. "We continue to deliver cost savings and solid operations as shown by a 94.7 percent nuclear capacity factor for the third quarter and reliable utility performance through the critical summer months. We remain committed to achieving full year 2009 operating earnings within the guidance range we issued last fall and are narrowing that range to $4.00 to $4.10 per share."
Oct 23 · 3:04:00 PM · Source: Press Release
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by Michael Oliveto
American Electric Power (AEP)
American Electric Power Co. Inc. reported that the Arkansas Supreme Court will review a lower-court decision overturning a key construction permit for a $1.6 billion coal-fired power plant that a unit of the company is building in the state.
"Obviously we are very pleased that the Supreme Court has chosen to review the case," said Paul Chodak, president and chief operating officer of Southwestern Electric, a unit of AEP, in a press release. He said the permit was rejected by the lower court because of the approval process rather than the merits of building the plant.
Oct 23 · 11:53:00 AM · Source: NASDAQ
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by Michael Oliveto
Exelon (EXC)
Exelon Corp reported an 8 percent increase in third-quarter profit, rising to $757 million, or $1.14 per share, from $700 million, or $1.06 per share, in the year-ago quarter. But the power company's revenue on an adjusted basis fell 17 percent to $4.36 billion.
The company's revenues were well below analysts' average forecast of $5.36 billion.
Oct 23 · 10:32:00 AM · Source: Company News Release
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by Larry Etter
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