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5Vote!

Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake

Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake Global power company AES Corporation entered a binding stock purchase agreement with a wholly owned investment subsidiary of China Investment Corporation (CIC) to raise $1.58 billion of new equity to fund growth opportunities and extend its global leadership in the power [...]

5Vote!

Edison sees drop in 3Q profits

Edison International saw an 8 percent drop in third-quarter profits on Friday, as increased business from Southern California Edison could not offset softer results from Edison Mission Group. (EIX)

6Vote!

AES Raises $1.58 Billion in New Capital

ARLINGTON, Va.--(BUSINESS WIRE)--The AES Corporation (NYSE: AES) today announced a binding stock purchase agreement with a wholly-owned investment subsidiary of China Investment Corporation (CIC) to raise $1.58 billion of new equity to fund growth opportunities and extend its global leadership in the power sector. At close, CIC will acquire 125.5 million shares of AES stock for $12.60 per share for...

5Vote!

The (soon to be revised) history of electric competition in Lubbock

Michael Giberson The city of Lubbock Texas has had two competing electric power companies since 1917. If a just announced deal goes through, competition will be eliminated. The new “official story” is that competition produced inefficiency, but this view is in stark contrast to old “official story” as told in the “The History of Lubbock Power & [...]

4Vote!

Wall St Sense: Unbiased Analysis on PHM, PPL, RT, RAD, ARNA and GNVC Posted on WallStSense.com

NEW DELHI, INDIA (MARKET WIRE) Wallstsense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. Our analysts have issued complimentary analysis on the following six companies: Pulte Homes Inc. (NYSE: PHM), PPL Corporation (NYSE: PPL), Ruby Tuesday Inc. (NYSE: RT), Rite Aid Corp. (NYSE: RAD), Arena Pharmaceuticals Inc. (NASDAQ:...

17Vote!

Warren Buffett's Big Bet

I wonder what Warren Buffett knows . Berkshire Hathaway Inc. 's $44 billion deal to buy Burlington Northern Santa Fe Corp. is basically a huge bet on coal, a fuel that powers Warren Buffett 's power plants at his MidAmerican Energy utility and plays a major role in the railroad business. While regulatory delays and uncertainty over climate-change legislation has slowed the addition of new U.S. coal...

3Vote!

Warren Buffett bets on coal and the economy (BNI; BRK.B)

A first rate piece of writing from MarketWatch: Transporting black rocks is a big part of Burlington Northern's railroad business Berkshire Hathaway Inc.'s $44 billion deal to buy Burlington Northern Santa Fe Corp. is basically a huge bet on coal, a fuel that powers Warren Buffett's power plants at his MidAmerican Energy utility and plays a major role in the railroad business. While regulatory delays...

3Vote!

UAE eyes stakes in nuclear companies

http://pepei.pennnet.com/display_article/370617/6/ARTCL/none/none/1/UAE-eyes-stakes-in-nuclear-companies/ 3 November 2009 - The UAE is setting up a new investment vehicle to take stakes in global nuclear companies as it prepares to award a contract to develop the first civilian nuclear plants in the Arab world. According to the Financial Times, the Emirates Nuclear Energy Corporation is expected to...

5Vote!

Darden Restaurants announces new board member

Orlando-based Darden Restaurants has elected Victoria D. Harker, executive vice president and chief financial officer of The AES Corporation, to its board of directors effective today.

5Vote!

Sempra says RBS may sell commodities venture stake

Sempra Energy says Royal Bank of Scotland Group disclosed it may have to sell its majority interest in the RBS Sempra Commodities joint venture, as part of a massive restructuring looming for the U.K. lender.

4Vote!

Analyst Choice: Fundamental Analysis on AES, CIG, NUE, BBT, OI and AET brought to you by AnalystChoice.com

NEW DELHI, INDIA (MARKET WIRE) Analyst Choice has combined some of the best financial and technical minds worldwide to bring you an array of free quality equity research and reporting. Today we have begun in-depth reporting on our website evaluating the current market condition of The AES Corporation (NYSE: AES), Companhia Energetica de Minas Gerais (NYSE: CIG), Nucor Corporation (NYSE: NUE), BB&T...

4Vote!

Fitch Downgrades PPL Energy Supply's Sr Unsecured Debt; Affirms Other Ratings of PPL & Subs

NEW YORK - Fitch Ratings has lowered the senior unsecured debt ratings of PPL Energy Supply, LLC (PPLES) to 'BBB' from 'BBB+'. All other ratings of PPL Corp. (PPL) and its domestic subsidiaries PPLES and PPL Electric Utilities Corp. (PPLEU) are affirmed as shown in the ratings list at the

3Vote!

DTE Energy Company Q3 2009 Earnings Call Transcript

DTE Energy Company ( DTE ) Q3 2009 Earnings Call October 30, 2009 9:00 am ET Complete Story »

4Vote!

Stocks Going Ex Dividend the Second Week of November

Now that the market has had a selloff, now might be the time to start looking for dividend buys. The stock trading technique called 'Buying Dividends' is becoming more and more popular. 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...

3Vote!

Stocks Going Ex Dividend the Second Week of November

Now that the market has had a selloff, now might be the time to start looking for dividend buys. The stock trading technique called 'Buying Dividends' is becoming more and more popular. 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...

The 3 latest articles published by users on Electric Power :

3Vote!

Allegheny Energy, Inc. - Financial and Strategic Analysis Review

Allegheny Energy, Inc. - Financial and Strategic Analysis Review        - aarkstore

Allegheny Energy, Inc. - Financial and Strategic Analysis Review Summary Allegheny Energy, Inc. (Allegheny) is an integrated utility holding company. The company is engaged in generation, transmission and distribution of electricity. It holds 9,730 megawatts (MW) of generating capacity and has 976 transmission and distribution substations. Allegheny owns and operates electric generation facilities...

3Vote!

Korea Southern Power Co., Ltd. - Strategic Analysis Review

Korea Southern Power Co., Ltd. - Strategic Analysis Review    - aarkstore

Korea Southern Power Co., Ltd. - Strategic Analysis Review Summary Korea Southern Power Co., Ltd. (KOSPO) is a subsidiary of Korea Electric Power Corporation (KEPCO) engaged in generating power, developing power resources and relevant subsidiary businesses. The company distributes its entire power to KEPCO through KPX (Korea Power Exchange). Across Korea, it has six thermal power plants in operation...

2Vote!

Genoa for renewable energy and lower harbour emissions

Genoa for renewable energy and lower harbour emissions - legionofmarduk

Thanks to the entente protocol recently signed between Liguria's Regional Administration and Enel, Italy's largest energy conglomerate, Genoa made a decisive step toward a future under the sign of...