Republic Services Inc. (NYSE: RSG) keeps seeing its largest shareholder buy stock. This is none other than Bill Gates. A fresh filing shows that Gates purchased 600,000 more shares at a price average of…
Dominion Resources Inc. (NYSE:D) reported fourth quarter and full year results this morning, and the news was mixed. For the quarter, EPS hit $0.60 on $348 million in income, compared with EPS of $0.52…
A little-noticed US Supreme Court decision makes it more difficult to import low enriched uranium (LEU) into the US. In a unanimous decision, the court ruled that a French firm was guilty of dumping…
American Electric Power Company (NYSE:AEP) expects to increase the company’s profit by building new power transmission lines. The company plans to spend more than $7 billion to add new high-voltage lines in Texas, the…
If you were hoping that Caterpillar Inc. (NYSE: CAT) was going to pull a miracle out of the hat with earnings, Monday is going to be a cold day regardless of the weather. The…
Exelon Corporation (NYSE:EXC) rose nearly 1.5% yesterday after the company reported fourth quarter 2008 EPS of $1.07, up from $0.84 in 2007. Full-year revenue of $18.86 billion was almost $1 billion higher than estimates,…
Constellation Energy Group Inc. (NYSE:CEG) continues to shed assets. This time it’s the company’s London-based international commodities trading operations, which Constellation will sell to a division of Goldman Sachs Group Inc. (NYSE:GS). The company…
UniStar Nuclear Energy, a joint venture between Electricite de France (EDF) and Constellation Energy Group Inc. (NYSE:CEG), and PPL Corporation (NYSE:PPL), a UniStar partner, have passed the first regulatory review on the road to…
Westinghouse Electric, a subsidiary of Japan’s Toshiba Corporation, has signed an engineering, procurement, and construction contract with the Florida subsidiary of Progress Energy, Inc. (NYSE:PGN) to build two new nuclear power plants in Florida.…
Platts is reporting this morning that the European Commission released its decision this morning regarding the buyout offer from Electricite de France (EDF) for British Energy Group plc, the UK’s largest nuclear generator of…
Alliant Energy Corp. (NYSE:LNT) this morning released financial guidance for 2009. The company also noted that it has reached an agreement with the state of Wisconsin on a rate case settlement that will keep…
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). We detailed…
Satyam Computer Services Ltd. (NYSE: SAY) is seeing its stock crushed this morning after the company’s board of directors approved acquisitions of infrastructure development companies Maytas Infra Ltd. and Maytas Properties Ltd. What is…
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 agreement in…
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 Berkshire Hathaway…