FPL Group

FPL Group reduces 2009 earnings forecast

Miami Herald (Free subscription) | 09/03/2008

FPL Group, the owner of Florida Power & Light, cut its 2009 adjusted earnings-per-share forecast to $4.05 to $4.25. FPL Group, based in Juno Beach, previously put the 2009 earnings range at $4.15 to $4.35 a share. The company put its 2010 adjusted earnings forecast at $4.50 to $4.90 a share, according to presentation slides for a Lehman Brothers conference Wednesday. The 2008 forecast remains at $3.83...

FPL reactor back to 100%

Miami Herald (Free subscription) | 08/27/2008

FPL Group's Saint Lucie 1 reactor is operating at 100 percent of capacity, up from 30 percent Tuesday, according to a report from the U.S. Nuclear Regulatory Commission.

FPL Group to Present at the 2008 Lehman Brothers CEO Energy/Power Conference

Business Wire (Free subscription) | 08/26/2008

JUNO BEACH, Fla.--(BUSINESS WIRE)--Armando Pimentel, chief financial officer of FPL Group, Inc. (NYSE:FPL), will speak to investors and industry analysts at the 2008 Lehman Brothers CEO

Nuclear Reaction - a Greenpeace blog: Fallout from August 22 2008

The Greenpeace weblog (Free subscription) | 08/22/2008

Some other stories from the nuclear industry you may have missed: Palm Beach Post: Flooding prompts FPL to shut St. Lucie nuclear unit ‘Flooding from tropical Storm Fay triggered the shutdown of an 839-megawatt nuclear reactor unit at FPL Group's...

FPL idles St. Lucie nuclear reactor

Miami Herald (Free subscription) | 08/21/2008

FPL Group idled the St. Lucie No. 1 reactor in Florida, according to a report from the U.S. Nuclear Regulatory Commission. The Saint Lucie plant is located about 40 miles north of West Palm Beach. Another unit, St. Lucie 2, was listed at full power by the commission.

J.P. Morgan changes its ratings for three electric utilities

Market Watch (Free subscription) | 08/11/2008

NEW YORK (MarketWatch) -- J.P. Morgan changed its rating on three electric utility stocks on Monday, citing a positive change in investor sentiment toward the sector. The investment bank upgraded FPL Group to overweight from neutral, saying investors will want to own bellwether names first, and adding that the company has an "attractive" merchant arm with a greenhouse-gas friendly profile. J.P. Morgan...

FPL Group. Q2 2008 Earnings Call Transcript

Seeking Alpha (Free subscription) | 07/31/2008

FPL Group Inc. (FPL) Q2 2008 Earnings Call Complete Story »

FPL generates strong earnings

The South Florida Business Journal (Free subscription) | 07/31/2008

FPL Group reported net income of $209 million, or 52 cents a share, for the second quarter. That’s down from $405 million, or $1.01 a share, in the second quarter of 2007. (FPL)

FPL Group's profit declines 48%

Miami Herald (Free subscription) | 07/31/2008

FPL Group said second-quarter profit fell 48 percent on a drop in the valuation of energy contracts. Net income fell to $209 million, or 52 cents a share, from $405 million, or $1.01, a year earlier, Juno Beach-based FPL said Thursday in a statement.

FPL Group earns 52 cents a share in quarter

Market Watch (Free subscription) | 07/31/2008

NEW YORK (MarketWatch) -- FPL Group Inc. said Thursday that second-quarter earnings were $209 million, or 52 cents a share, compared to $405 million, or $1.01, a year ago. The recent period includes a net unrealized after-tax loss of $157 million associated with the mark-to-market effect of non-qualifying hedges. Excluding the non-qualifying hedges and other impairments, FPL Group's adjusted earnings...

FPL Group Delivers Strong Second-Quarter Performance

Business Wire (Free subscription) | 07/31/2008

JUNO BEACH, Fla.--(BUSINESS WIRE)--FPL Group, Inc. (NYSE:FPL) today reported 2008 second quarter net income on a GAAP basis of $209 million, or $0.52 per share, compared with $405 million,

SunPower to build biggest N. America solar site for FPL unit

Market Watch (Free subscription) | 07/10/2008

TEL AVIV (MarketWatch) -- SunPower Corp., the San Jose, Calif., producer of solar-power systems and components, will build the largest U.S. solar photovoltaic power plant for Florida Power & Light Co., the companies said. Florida P&L, a unit of FPL Group, the Juno Beach, Fla., energy provider, had said late in June that it would build the project and others. The installation includes a 25-megawatt...

• Florida Power & Light Company Selects SunPower to Build Largest Solar Photovoltaic Power Plant in United States - PR News Wire

FPL Group Announces Date for Release of Second Quarter 2008 Financial Results

Business Wire (Free subscription) | 07/09/2008

JUNO BEACH, Fla.--(BUSINESS WIRE)--FPL Group, Inc. (NYSE:FPL) today announced that it plans to report second quarter 2008 financial results in a press release to be issued before the opening

Industry-leading Corporations Launch AllianceQ Recruitment Collaboration; Founding Members Include ADP, Baxter, Best Buy, Entergy, FPL Group, Starbucks, Wachovia

The Earth Times Online Newspaper (Free subscription) | 07/09/2008

CHICAGO - A group of industry-leading Fortune 500 companies today launched AllianceQ, an organization created to build a free, exclusive and perpetually growing pool of job candidates to drive down its members’ cost of recruiting. Founding members include Auto

Industry-leading Corporations Launch AllianceQ Recruitment Collaboration; Founding Members Include ADP, Baxter, Best Buy, Entergy, FPL Group, Starbucks, Wachovia

Business Wire (Free subscription) | 07/09/2008

CHICAGO--(BUSINESS WIRE)--A group of industry-leading Fortune 500 companies today launched AllianceQ, an organization created to build a free, exclusive and perpetually growing pool of job