International Business News - CPN 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 Friday, Nov. 7, from AP Financial News: McLEAN, Va. (AP)--Nursing home operator Sunrise Senior Living Inc. on Friday reported a third-quarter loss on heavy expenses in a tough operating environment, including write-offs from abandoning development projects. http://www.ibtimes.com/articles/20081107/earnings-roundup-sunrise-senior-living-calpine.htm Fri, 07 Nov 2008 14:16:59 EST Calpine Corp. said Friday its third-quarter profit tumbled 96 percent due to a recent reorganization that left the power producer a much smaller company. http://www.ibtimes.com/articles/20081107/calpine-3q-profit-tumbles-after-reorganization.htm Fri, 07 Nov 2008 10:31:06 EST CenterPoint Energy Inc. said Wednesday more customers and greater energy usage drove third-quarter earnings up 49 percent to top Wall Street expectations by a wide margin. http://www.ibtimes.com/articles/20081105/centerpoint-3q-profit-up-on-more-power-customers.htm Wed, 05 Nov 2008 11:48:25 EST Oil and gas company Rosetta Resources Inc. said Thursday it agreed to pay former parent Calpine Corp. $12.4 million related to a fraudulent transfer complaint filed against Rosetta by Calpine. http://www.ibtimes.com/articles/20081023/rosetta-calpine-settle-lawsuit.htm Thu, 23 Oct 2008 11:26:43 EDT Calpine Corp. said Thursday it signed a three-year agreement to sell 500 megawatts of electric power generated at an Alabama energy center to the Tennessee Valley Authority. http://www.ibtimes.com/articles/20080828/calpine-to-sell-500-megawatts-to-tva.htm Thu, 28 Aug 2008 14:06:19 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080811/verizon-amazon-ual-calpine-among-big-movers.htm Mon, 11 Aug 2008 17:39:48 EDT Power producer Calpine Corp. said Monday its board has named Jack A. Fusco as president and chief executive, replacing retiring Robert P. May effective immediately. http://www.ibtimes.com/articles/20080811/calpine-names-jack-fusco-as-president-ceo.htm Mon, 11 Aug 2008 08:52:56 EDT Power producer Calpine Corp. said Monday it swung to a second-quarter profit on higher electricity rates and lower costs. The company earned $197 million, or 41 cents per share, compared with a year-ago loss of $500 million, or $1.04 per share. http://www.ibtimes.com/articles/20080811/calpine-swings-to-2q-profit-on-lower-costs.htm Mon, 11 Aug 2008 08:49:14 EDT Two companies in the utilities sector are being to be added to the Russell 1000 in this year's reconstitution of the large stock index. American Water Works Company Inc. and Calpine Corp. are being added to the Russell 1000, both new additions to the Russell indexes. American Water Works made its debut on the market in April. http://www.ibtimes.com/articles/20080630/russell-1000-adds-2-utility-stocks.htm Mon, 30 Jun 2008 09:05:13 EDT Power producer Calpine Corp. spent $409,000 lobbying on energy and environmental issues in the first quarter, according to a recent disclosure form. The San Jose. Calif.-based company lobbied on legislation involving energy trading regulations, climate change, tax credits for renewable energy and power plant emissions, according to an April 21 filing with the House clerk's office. http://www.ibtimes.com/articles/20080627/power-producer-calpine-spent-409k-lobbying-in-1q.htm Fri, 27 Jun 2008 17:00:48 EDT Calpine Corp. said Wednesday that former Senior Vice President Zamir Rauf has been named interim chief financial officer following the power wholesaler's restructuring, succeeding turnaround specialist Lisa Donahue. http://www.ibtimes.com/articles/20080604/calpine-appoints-zamir-rauf-as-interim-cfo.htm Wed, 04 Jun 2008 09:40:23 EDT Calpine Corp. on Friday rejected an unsolicited takeover bid from rival power wholesaler NRG Energy Inc. as too low, but left the window open to a possible combination. http://www.ibtimes.com/articles/20080530/calpine-rejects-nrg-offer-but-leaves-wiggle-room.htm Fri, 30 May 2008 16:53:56 EDT Calpine Corp. on Thursday said former Chairman Kenneth Derr resigned as a director of the power company, effective immediately. Derr said he was resigning in order to focus on other business and personal matters. http://www.ibtimes.com/articles/20080522/former-chairman-resigns-from-calpine-board.htm Thu, 22 May 2008 18:24:37 EDT Shares of power wholesaler Calpine Corp. jumped Thursday after NRG Energy Inc. offered to buy the company in a move analysts said could open up buyout chatter elsewhere in the sector. http://www.ibtimes.com/articles/20080522/calpine-surges-on-11-3-billion-nrg-buyout-offer.htm Thu, 22 May 2008 20:05:39 EDT Shares of Calpine Corp. rose in premarket trading Thursday after rival NRG Energy Inc. offered $11.3 billion in common stock to buy the merchant power producer. http://www.ibtimes.com/articles/20080522/premarket-movers-calpine-rises-on-buyout-offer.htm Thu, 22 May 2008 08:57:48 EDT Shares in power company Calpine Corp. jumped more than 8 percent Thursday following an all-stock offer from power wholesaler NRG Energy Inc. valued at $10.8 billion. http://www.ibtimes.com/articles/20080522/nrg-energy-offers-11-3b-for-troubled-calpine.htm Thu, 22 May 2008 18:42:45 EDT Hoping to double its electricity capacity, power wholesaler NRG Energy Inc. has offered to buy hobbled rival Calpine Corp. for about $11.3 billion in stock. http://www.ibtimes.com/articles/20080521/nrg-energy-offers-11-3b-for-troubled-calpine.htm Wed, 21 May 2008 21:51:23 EDT NRG Energy Inc. has offered to buy Calpine Corp. at a premium, a major Calpine shareholder said Wednesday. In a letter to Calpine's board, Harbinger Capital, which owns 24 percent of the company, said Calpine should publicly release the details of the offer. http://www.ibtimes.com/articles/20080521/shareholder-nrg-offered-to-buy-calpine.htm Wed, 21 May 2008 18:09:21 EDT Power producer Calpine Corp. said Monday its first-quarter loss narrowed as higher electricity prices offset certain one-time contract losses. The company posted a loss of $214 million, or 44 cents per share, compared with a loss of $459 million, or 96 cents per share, in the year-ago quarter. Because of the company's recent reorganization, Calpine said the per-share figures are not comparable between the two periods. http://www.ibtimes.com/articles/20080512/calpine-1q-loss-narrows-on-higher-electric-prices.htm Mon, 12 May 2008 10:59:00 EDT A Jefferies & Co. analyst downgraded shares of Calpine Corp. Tuesday, saying the power producer's stock is near his target price. Paul Fremont lowered his rating to "Hold" from "Buy." Calpine hit a high of $20.79 Monday before closing at $20.74. Fremont's price target is $21.50 per share. http://www.ibtimes.com/articles/20080429/ahead-of-the-bell-calpine-downgraded-on-price.htm Tue, 29 Apr 2008 08:50:45 EDT