The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story that suggested…
Electric power generators NRG Energy Inc. (NYSE: NRG) and GenOn Energy Inc. (NYSE: GEN) have agreed to merge in an all-stock transaction valued at $1.7 billion. Under the terms of the deal,…
Paul Ausick Shares of First Solar Inc. (NASDAQ: FSLR) are up about 8% in the early afternoon on the company’s announcement that it has now installed another 100 megawatts of solar panels at its…
At last week’s Rio+20 conference in Brazil, a representative of Standard & Poor’s Latin American office told a panel on sustainable development that “banks and utilities are unlikeloy to provide financing of…
The utility sector is a favorite of dividend and income investors. The group was the best performing group of 2011 as investors snapped up higher dividends rather than Treasuries and CDs. So…
Solar thermal power company BrightSource Energy Inc. today filed a request with the Securities and Exchange Commission to withdraw its Form S-1 registration statement, effectively cancelling the company’s planned IPO. BrightSource cites…
Thin-film solar panel maker First Solar Inc. (NASDAQ: FSLR) yesterday announced an agreement to build the 26-megawatt Avra Valley solar project near Tucson, Arizona. The plant will be owned by NRG Energy…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Brightpoint Inc. (NASDAQ: CELL) Reiterate as Buy with a $14 price…
Corporations can spend hundreds of million dollars just so they can put their name on a major league sports stadiums. 24/7 Wall St. looked that the 13 largest stadium-naming rights deals and…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Alcatel-Lucent SA (NYSE: ALU) Cut to Underperform at Jefferies. Anadarko Petroleum…
Energy Technology Ventures is not exactly a household name, but its venture partners of General Electric Co. (NYSE: GE), NRG Energy (NYSE: NRG), and ConocoPhillips (NYSE: COP) are household names. What is…
Last week pipeline master limited partnership (MLP) Energy Transfer Equity LP (NYSE: ETE) revealed a deal worth $4.2 billion for rival natural gas pipeline company Southern Union Co. (NYSE: SUG). Today, Williams…
When the going gets tough, the tough often play defense — out of risky assets and into those assets that offer more security and some dividend upside. One choice is utilities, where…
Today’s alt energy news leads off with the latest developments for two nuclear power plants. The Cape Wind project also got the go-ahead from the federal government, and a new airplane factory…
Berkshire Hathaway (NYSE: BRK.B) took a big hit in the news as shareholders sued over Sokol trades in Lubrizol. American Electric Power and NRG both pulled bad press over nuclear power facilities.…
