Latest news on ‘Utilities’
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Drop in energy use upends early advance in stocks
By TIM PARADIS and IEVA M. AUGSTUMS (AP)
NEW YORK — A drop in energy stocks is dragging the market lower following a government report that consumers and businesses are trimming [...] -
Florida Utility Company to Pay $25 Million for Blackout
By MATTHEW L. WALD
WASHINGTON — A Florida utility has agreed to pay a record $25 million penalty for causing a blackout that left nearly a million customers in the dark [...] -
Utilities Make Big Bets on Electric Vehicles
Duke Energy Corp. and FPL Group Inc., two of the nation’s largest electric utilities, said today they will transition their entire automobile fleets to plug-in hybrid and full-electric vehicles.
The joint [...] -
Analyst: GE’s strong cash flow can help rebuild capital base
NEW YORK (AP) — General Electric Co.’s core industrial businesses are generating enough cash flow to pay off debt and rebuild the conglomerate’s capital base, an analyst said Monday.
Morgan Stanley [...] -
GE shares climb into black for 2009
PITTSBURGH (AP) — Shares of General Electric Co. rose Wednesday, as recent analyst upgrades and receding fear about the conglomerate’s lending arm helped push the stock into the black for [...]
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NM court upholds $34M electric rate hike for PNM
SANTA FE, N.M. (AP) — The state Supreme Court has upheld a $34 million electric rate increase for New Mexico’s largest utility.
The Public Regulation Commission granted the increase for Public [...] -
Nasdaq Hearings Panel Grants SouthWest Water Stay of Delisting
LOS ANGELES–(BUSINESS WIRE)–SouthWest Water Company (NASDAQ:SWWC – News), a leading provider of water, wastewater and public works services, today announced that the Nasdaq Hearings Panel has granted the company a [...]
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Northeast Utilities Moves into New Hartford Headquarters
HARTFORD, Conn., Aug. 17 /PRNewswire-FirstCall/ — Northeast Utilities (NYSE: NU – News) today announced that it has completed the move into its new corporate headquarters at 56 Prospect Street, Hartford, [...]
