(NEW YORK)Shares of utilities jumped Thursday morning after embattled Constellation Energy Group Inc. agreed to a buyout and the broader markets rebounded following steep drops earlier this ...READ MORE
(NEW YORK)Regulated utilities remain an attractive investment in a low-interest rate environment given expected net income growth of up to 9 percent, a Goldman Sachs analyst said Tuesday.READ MORE
(NEW YORK)Shares of most utilities dropped Monday morning after Hurricane Ike ripped through southern Texas, widely disrupting power, and the broader markets tumbled on concern about the fin...READ MORE
(ALBANY, N.Y.)New York Attorney General Andrew Cuomo says Xcel Energy Inc. has agreed to disclose risks to investors from its stake in coal-burning power plants and any related liability from gl...READ MORE
(ARLINGTON, Va.)Power company AES Corp. on Friday lifted its 2008 earnings outlook after second-quarter profit soared on higher prices and a weak dollar. AES increased its full-year adjusted profi...READ MORE
(ARLINGTON, Va.)Power company AES Corp. said Friday second-quarter profit more than tripled as higher prices and a weak dollar lifted results. Earnings soared to $903 million, or $1.31 per share, ...READ MORE
(RICHMOND, Va.)Old Dominion Electric Cooperative said it has signed an agreement with energy supplier AES Corp. to purchase wind-generated power. The cooperative is the primary power provider for...READ MORE