The other shoe has dropped. Constellation Energy Group Inc. (NYSE:CEG) has accepted Electricite de France’s (EDF) offer of $4.5 billion for 49.99% of the company’s nuclear assets (rather than the whole company).…
Late on Friday, Reliant Energy (NYSE:RRI) announced that it had terminated a $300 million retail working capital facility with Merrill Lynch. The company had failed to meet its EBITDA covenant on the…
We have had many inquiries this week over this EDF offer for Constellation Energy Group Inc. (NYSE: CEG) now that EDF in France gave a competing bid versus that of Warren Buffett’s…
The recent bid by France’s Electricite de France (EDF) for half of the nuclear business of Constellation Energy (NYSE:CEG) caused Fitch Ratings to downgrade the company’s Issuer Default Ratings. The long-term IDR…
Whenever something like this comes along, one has to ask, "Are these guys serious?" Electricite de France (EDF) yesterday offered Constellation Energy (NYSE:CEG) a premium of about 96% to purchase half of…
These are some of the other non-tech analyst upgrades and downgrades from Wall Street firms this Wednesday morning: Constellation Energy (CEG) Raised to Buy at Jefferies. Denny’s (DENN) Raised to Buy at…
Last week, a consortium of ten states in the northeastern US held its initial auction of allowances to emit CO2. The Regional Greenhouse Gas Initiative (RGGI) has set a cap on carbon…
Good news and bad news…. Constellation Energy (NYSE: CEG) has found a buyer. The bad news is that it is a tentative deal that is for a mere $26.50 per share. MidAmerican…
These are some of the early bird analyst calls we are seeing in stocks this Thursday morning which could impact shares: ADTRAN (ADTN) Raised to Outperform at Baird. Advanced Medical Optics (EYE)…
Constellation Energy (NYSE: CEG) may have found a savior. Its US partner, France-based EDF, is reportedly considering making either a bid or at taking an increased stake. This is also in the…
Douglas A. McIntyre Constellation Energy Group (CEG) falls on fears of link to the Lehman bankruptcy. The company says no. The shares plunges to $13 from 52-week high of $107.97. Gatehouse (GHS) shows why it’s…
Over the last three days it has been thin for 52-week lows, but a good market drop sure brings a reminder to the wall of shame. Here are some of today’s key…
These are among the top analyst Downgrades or negative analyst calls affecting shares this Monday morning in pre-market trading: Constellation Energy (NYSE: CEG) Downgraded to Underperform at Jefferies. Fidelity National (NYSE: FIS)…
Yingli Green Energy Holding Company Limited (NYSE: YGE) amended the joint venture contract with Baoding Tianwei Baobian Electric Co., Ltd. under which Yingli Green Energy will contribute additional capital of US$236.6 million…
