International Business News - CPNL 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 Power generator NRG Energy Inc. on Sunday rejected an unsolicited $6.1 billion all-stock bid from nuclear power giant and utility operator Exelon Corp., calling the offer, which would create the nation's largest power company, too low. http://www.ibtimes.com/articles/20081109/nrg-rejects-exelons-6-2b-buyout-offer.htm Sun, 09 Nov 2008 20:35:29 EST 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 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 Two years ago when NRG Energy rebuffed an $8 billion buyout offer, it said the bid was far too cheap to be taken seriously. There may be a bit of shareholder remorse this week, with prospective buyers now eying deals through the lense of a global economic downturn. http://www.ibtimes.com/articles/20081020/exelon-offers-to-pay-6-2b-for-nrg-energy.htm Mon, 20 Oct 2008 16:30:14 EDT GE Energy Financial Services, a unit of General Electric Co., said Wednesday a northeastern New Jersey power plant has generated more than 36,000 megawatts of power since restarting in June after a temporary shutdown. http://www.ibtimes.com/articles/20080917/ge-energys-nj-plant-generating-megawatts.htm Wed, 17 Sep 2008 12:16:17 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 Among the earnings stories for Monday, Aug. 11, from AP Financial News: NEW YORK (AP)--Power producer Calpine Corp. said Monday it swung to a second-quarter profit on higher electricity rates and lower costs. http://www.ibtimes.com/articles/20080811/earnings-roundup-calpine-sysco.htm Mon, 11 Aug 2008 10:18:17 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 Wall Street advanced Monday but gave back some of its gains after crude oil prices pulled off their lows and the Federal Reserve said more banks are tightening lending standards. http://www.ibtimes.com/data/articleimgs/107150-wall-street.jpg http://www.ibtimes.com/articles/20080811/wall-street-heads-for-moderately-higher-open.htm http://www.ibtimes.com/articles/20080811/wall-street-heads-for-moderately-higher-open.htm Mon, 11 Aug 2008 17:39:27 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 Ford cuts N. American production, cuts profit goal DETROIT (AP) _ Ford Motor Co. is cutting North American production of pickups and SUVs as car buyers eyeing record gas prices turn toward more fuel-efficient models. The automaker says it no longer expects to return to profitability by 2009 and didn't rule out layoffs and plant closures. http://www.ibtimes.com/articles/20080522/business-highlights.htm Thu, 22 May 2008 18:25:01 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 Among the stock activity stories for Thursday, May 22, from AP Financial News: NEW YORK (AP) _ Shares of E.W. Scripps Co. hit a fresh 52-week high Thursday as a Lehman Brothers analyst upgraded the media company, citing its planned separation as well as its programming strategy for its Food Network and HGTV television channels. http://www.ibtimes.com/articles/20080522/movers-roundup-ew-scripps-calpine.htm Thu, 22 May 2008 15:29:34 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