GREENSBURG, Pa.----Allegheny Energy, Inc. announced today an agreement that would permit the recovery of purchased power costs in Virginia for Potomac Edison, an Allegheny subsidiary, while avoiding dramatic rate increases for customers.
GREENSBURG, Pa.----Trans-Allegheny Interstate Line Company , a subsidiary of Allegheny Energy, Inc. , announced that a motion passed today by the Pennsylvania Public Utility Commission approves construction of a 1.2-mile segment of its 500-kilovolt transmission project in Pennsylvania.
Allegheny Energy announces proposed settlement agreement in Virginia Co announced an agreement that would permit the recovery of purchased power costs in Virginia for Potomac Edison, an Allegheny
Trans-Allegheny Interstate Line Company (TrAILCo), a subsidiary of Allegheny Energy, Inc. (NYSE:AYE), announced that a motion passed today by the Pennsylvania Public Utility Commission approves
HARRISBURG, Pa. (AP) - A small stretch of a controversial high-voltage power line planned for southwestern Pennsylvania has won the approval of state regulators.
Allegheny Energy, Inc. (NYSE: AYE) invites investors to listen to a live Internet broadcast of its presentation to institutional investors and security analysts at the Edison Electric Institute
NEW YORK (AP) - An analyst cut his price target and estimates on Allegheny Energy Inc. Tuesday, a day after the electric utility said its third-quarter profit dropped 23 percent on higher coal prices, and missed Wall Street expecations.
GREENSBURG, Pa. (AP) - Electric utility Allegheny Energy Inc. said Monday higher coal prices and warm weather helped pull its third-quarter earnings down 23 percent and keep its revenue mostly stagnant.
The Wall Street Transcript recently interviewed Christopher R. Ellinghaus, Senior Vice President of Institutional Research at Shields & Company responsible for coverage of the electric and gas utilities, diversified natural gas, and electric generation industries. Key excerpts follow:
TWST: Chris, has the utilities space proven to be a good hideout in this market turmoil that we're going through?
The PEG ratio is a widely followed fundamental indicator that divides a company's price to earnings ratio by its growth rate. Incorporating growth rates into the valuation model gives investors a bit more perspective when analyzing a company. An Investor looking at two companies with the same P/E ratios might gravitate towards the one with the higher growth rate, and the PEG ratio quickly helps identify these differences among stocks.
Below we highlight the three stocks in each of the ten sectors that currently have the lowest estimated...
Author's Note: Before reading this update, make sure you check out the preface to the series I'm doing on Hedge Fund 13F's here.
Time to continue the Hedge Fund tracking series! If you've missed them, I've already covered Jeffrey Gendell's Tontine Partners here, Bret Barakett's Tremblant Capital here, Peter Thiel's Clarium Capital here, Stephen Mandel's Lone Pine Capital here, Lee Ainslie's Maverick Capital here, John Griffin's Blue Ridge Capital here, Boone Pickens' BP Capital here, and Louis Bacon's Moore Capital Management here.
Despite €2.3B writedown, Deutsche Bank beats. Deutsche Bank (DB) reports a 63% decline in Q2 net profit on further asset write-downs, lower revenue, higher credit-risk provisions and trading losses. Despite all that, net profit of €649M was significantly better than the €426M consensus. DB posted a €2.3B markdown, following a €2.7B writedown in Q1. It has written down a total of €7.3B since the credit crisis began last summer. "Looking forward, we remain cautious for the remainder of 2008," CEO Josef Ackermann said. DB says it is it is...
We covered up yesterday as the Dow slipped back below 13,000 and my comment to members was: "All
you guys with the repositioning need to think ahead to how do you
really want to be covered into the weekend with $120 oil, maybe $125 or
$130 being the big topic of discussion and NEXT week we have a ton of
data including Import/Export pricing for April with dollar at record
lows and commodities at record highs, April Retail Sales, the CPI, Cap
Utilization and Industrial Production, the ever-depressing...
Fed cuts to 2%, likely to stay there. The FOMC announced a much-anticipated 25 BP cut to 2%, and lowered the discount rate to 2.25%. The former decision was endorsed by 8 of the Fed's 10 voting governors; Richard Fisher and Charles Plosser preferred no change. In its statement, the Fed stressed the dual tensions of weak economic activity and credit market stress vs. notable inflationary pressure. Pimco's Bill Gross noted the neutrality of the Fed's statement, which leads many to believe interest rates will stay put at 2%...
Allegheny Energy Incorporated - SWOT Analysis company profile is the essential source for top - level company data and information.The report examines the company ' s key business structure and ...
GREENSBURG , Pa . ( AP ) - Allegheny Energy Inc . has agreed not to raise bills by more than 15 percent starting next year for its Virginia customers.The agreement was announced Tuesday by Allegheny ...
AP , 11.19 . 08 , 10 : 54 AM ESTAllegheny Energy Inc . has agreed not to raise bills by more than 15 percent starting next year for its Virginia customers.The agreement was announced Tuesday ...
Allegheny Energy has agreed not to raise bills by more than 15 percent starting next year for Potomac Edison customers.The agreement was announced today by Allegheny Energy , the Virginia State ...
NEW YORK ( Associated Press ) - Allegheny Energy Inc . has agreed not to raise bills by more than 15 percent starting next year for its Virginia customers.The agreement was announced Tuesday ...
Joining Allegheny in the agreement are the staff of the Virginia State Corporation Commission , a group of large and mid - sized commercial and industrial customers , and the office of the Virginia ...
( Source : Datamonitor ) Allegheny Energy has announced an agreement that would permit the recovery of purchased power costs in Virginia for Potomac Edison , an Allegheny subsidiary , while avoiding ...
APGREENSBURG , Pa . ( AP ) - Allegheny Energy Inc . has agreed not to raise bills by more than 15 percent starting next year for Potomac Edison customers as part of an agreement announced Tuesday.The ...
www . alleghenyenergy . com / - Allegheny Energy , Inc . ( NYSE : AYE ) announced today an agreement that would permit the recovery of purchased power costs in Virginia for Potomac Edison , an ...
APAllegheny Energy Inc . has agreed not to raise bills by more than 15 percent starting next year for Potomac Edison customers as part of an agreement announced Tuesday.The agreement was announced ...
Goldman Sachs shuffles its bets in the face of a deeper-than-expected slowdown in the oil services arena by upgrading sector leader Schlumberger and cutting its ratings on Halliburton.