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Potomac Electric Power (POM)
Wunderlich downgraded Potomac Electric Power Company from Buy to Hold.
Dec 17 · 8:50:00 PM
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by Rich Pike
Southern Company (SO)
Soleil initiated coverage for Southern Co with a recommendation of Buy.
Dec 17 · 8:41:00 PM
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by Rich Pike
Progress Energy (PGN)
Progress Energy Inc declared a regular quarterly dividend in the amount of $.62 per share payable February 1, 2010 to shareholders of record on January 11, 2010, ex-dividend date January 7, 2010.
At today's $41.10 stock price the dividend yield is 6.03%.
Dec 9 · 3:21:00 PM
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by Rich Pike
Exelon (EXC)
Exelon's 867-megawatt Unit 2 at the Dresden nuclear power station in Illinois ramped up to 83% of capacity as of early Monday, the U.S. Nuclear Regulatory Commission said in a report.
The unit was operating at 24% power on Friday as it continued to exit a refueling outage begun in early November.
Dec 7 · 2:58:00 PM · Source: Reuters
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by Michael Oliveto
Entergy (ETR)
Entergy's 1,157-megawatt nuclear Unit 3 at the Waterford power plant in Louisiana ramped up to full power as of early Monday, the U.S. Nuclear Regulatory Commission said in a report.
The unit, which was shut on Oct. 19 for refueling, was operating at 16% of capacity on Friday.
Dec 7 · 2:56:00 PM · Source: Reuters
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by Michael Oliveto
American Electric Power (AEP)
The Office of the Ohio Consumers' Counsel (OCC) is back in court trying to stop American Electric Power from collecting hundreds of millions of dollars in unlawful rate increases.
The consumer advocate filed a new appeal of the company’s rate plan with the Supreme Court of Ohio (case # 09-2022). The action follows the court’s October 29 dismissal of the OCC’s first appeal because the Public Utilities Commission of Ohio (PUCO) had not ruled on two applications for reconsideration filed by the OCC and other parties.
Nov 11 · 3:49:00 PM · Source: PR Web
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by Michael Oliveto
UGI Corporation (UGI)
UGI Corporation, a gas and utility company, Wednesday reported net income of $258.5 million, or $2.36 per diluted share, for its fiscal year ended September 30, 2009, compared to $215.5 million, or $1.99 per diluted share, for the fiscal year ended September 30, 2008. Full year revenues dropped to $5.7 billion from $6.65 billion last fiscal year.
Nov 11 · 11:00:00 AM · Source: Company News Release
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by Larry Etter
Edison International (EIX)
Edison International Friday reported earnings of $403 million, or $1.23 a share, down from $439 million, or $1.33, a year earlier. Excluding regulatory impacts, earnings fell to $1.09 from $1.46. Revenue dropped 15% to $3.66 billion.
Nov 6 · 5:43:00 PM · Source: Company News Release
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by Larry Etter
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