International Business News - CMS http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the earnings stories for Wednesday, Nov. 5, from AP Financial Desk News: CHICAGO (AP)--Shares of troubled mall owner General Growth Properties Inc. plunged Wednesday after the company reported disappointing third-quarter results, cut its year-end forecast and said it needs to refinance $900 million in debt by the start of next month. http://www.ibtimes.com/articles/20081105/earnings-roundup-general-growth-radian.htm Wed, 05 Nov 2008 14:29:46 EST CMS Energy Corp., which operates the gas and power utility Consumers Energy, said Wednesday third-quarter earnings slipped, but still beat Wall Street estimates. http://www.ibtimes.com/articles/20081105/cms-3q-profit-slips-reaffirms-full-year-guidance.htm Wed, 05 Nov 2008 12:11:11 EST Shares of utility CMS Energy Corp. slipped Tuesday, even after an analyst upgraded the company and called it one of the most undervalued names in the regulated utility business. http://www.ibtimes.com/articles/20081014/cms-energy-shares-move-higher-on-upgrade.htm Tue, 14 Oct 2008 17:55:19 EDT Michigan Gov. Jennifer Granholm signed into law a package that will require more electricity to come from renewable sources, raise residential rates, restrict competition among power companies and encourage energy efficiency. http://www.ibtimes.com/articles/20081007/governor-signs-michigan-energy-package-into-law.htm Tue, 07 Oct 2008 10:11:24 EDT 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 week. http://www.ibtimes.com/articles/20080918/utilities-rebound-on-constellation-buyout-news.htm Thu, 18 Sep 2008 10:22:20 EDT Record amounts of money are being spent lobbying Michigan state government officials. Utilities and health care groups that have key legislation pending before lawmakers are leading the charge. http://www.ibtimes.com/articles/20080917/lobbyists-continue-to-set-michigan-records.htm Wed, 17 Sep 2008 14:24:36 EDT 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. http://www.ibtimes.com/articles/20080916/ahead-of-the-bell-regulated-utilities.htm Tue, 16 Sep 2008 08:31:02 EDT 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 financial sector. http://www.ibtimes.com/articles/20080915/shares-of-utilities-slide-after-ike-cuts-power.htm Mon, 15 Sep 2008 11:50:52 EDT A relatively light election schedule, and possibly Michigan's sluggish economy, are slowing the amount of money flowing into the state's political campaigns. http://www.ibtimes.com/articles/20080730/michigans-top-pacs-raise-more-than-27-million.htm Wed, 30 Jul 2008 12:06:43 EDT Severe thunderstorms swept across parts of Michigan, flooding streets and cutting power to many residents. Thousands were still without power Thursday night, and Jackson-based CMS Energy Corp. said it could take until Saturday or Sunday to restore electricity to customers in some rural and hard-hit areas. http://www.ibtimes.com/articles/20080703/mich-ohio-storms-bring-flooding-power-outages.htm Thu, 03 Jul 2008 22:34:59 EDT Teco Energy Inc. led Standard & Poor's 500 Index utility stocks higher in the second quarter, as investors flocked to the stock as coal prices soared. http://www.ibtimes.com/articles/20080630/teco-energy-leads-utility-gains-in-2q.htm Mon, 30 Jun 2008 13:22:39 EDT The Michigan Senate appears ready to attempt a contentious rewrite of the state's electricity law. Talks heated up in private meetings this week. Republicans plan to propose competing plans on the floor Friday. http://www.ibtimes.com/articles/20080627/michigan-senate-may-act-on-energy-plan.htm Fri, 27 Jun 2008 08:00:24 EDT State regulators on Thursday ordered an investigation into the prolonged power outages and other issues related to how Michigan's two biggest utilities dealt with recent storms. http://www.ibtimes.com/articles/20080619/mich-regulators-to-investigate-long-power-outages.htm Thu, 19 Jun 2008 16:39:53 EDT Flood waters receded in parts of western Michigan as the state tried to recover from a second straight weekend of severe weather. The latest flooding followed rain that totaled 11 inches in less than 12 hours Thursday and Friday near Scottville, east of Ludington. The Pere Marquette River that enters Lake Michigan at Ludington in the western Lower Peninsula receded to 4.87 feet over flood stage Sunday afternoon, according to the National Weather Service. http://www.ibtimes.com/articles/20080616/mich-flood-waters-recede-6-000-without-power.htm Mon, 16 Jun 2008 10:44:45 EDT Michigan regulators have agreed to let the state's second-largest utility charge residential customers more for electricity starting in July. The Michigan Public Service Commission says residents who buy power from Consumers Energy, a subsidiary of CMS Energy Corp., will see a rate increase of less than 2 percent per month. http://www.ibtimes.com/articles/20080610/michigan-residents-will-pay-more-for-electricity.htm Tue, 10 Jun 2008 17:51:37 EDT CMS Energy Corp. spent $240,000 in the first quarter to lobby the federal government on energy and environmental issues. The Jackson, Mich.-based utility owner lobbied on legislation dealing with climate change, renewable energy tax incentives and low income energy assistance, according to a form posted online April 21 by the Senate's public records office. http://www.ibtimes.com/articles/20080523/cms-energy-spent-240-000-lobbying-in-1q.htm Fri, 23 May 2008 16:59:13 EDT Utility company CMS Energy Corp. said Monday it swung to a first-quarter profit, after losing money a year earlier on charges for selling international businesses. http://www.ibtimes.com/articles/20080505/michigan-utility-cms-energy-swings-to-1q-profit.htm Mon, 05 May 2008 08:56:07 EDT