Energy services company Piedmont Natural Gas (PNY) has agreed to provide natural gas delivery service to Progress Energy’s (PGN) recently announced power generation facility to be built at Progress Energy Carolinas’ Wayne County, N.C. To provide gas delivery service to the plant Piedmont plans to a construct 38-miles pipeline with compression facilities by Jul 2012. [...]
Recently, the Florida Public Service Commission (PSC) has approved new nuclear cost recovery rates for the state’s two major electric utilities. It increased the rates for one and reduced them for the other. Both changes are effective Jan. 1, 2010. The commission approved $62.7 million for FPL Group’s (FPL) Florida Power & Light Company and [...]
When people learn that I am an income investor, the reaction is often a desire to discuss high-yield investments. The uninitiated commonly confuse income investing with high-yield investing. The two are not the same.[More...]
On Oct 1, 2009, the North Carolina Utilities Commission (NCUC) approved Progress Energy Carolinas’ plan to build new a natural gas-fueled power generation plant in Wayne County. The commission approved a certificate of public convenience and necessity for Progress Energy Carolinas’ proposed 950-megawatt [MW] combined-cycle power plant, with a projected investment of about $900 million.
Raleigh, [...]
BloggingStocks: Analyst upgrades:
Citigroup upgraded Procter & Gamble (NYSE:PG) to Buy from Hold after meeting with management as it believes a more aggressive strategy will lead to the company regaining market share. Citi raised its target on shares to $66 from ... Read more
Companies featured in this segment: ArcelorMittal (NYSE:MT), Progress Energy (NYSE:PGN), Electricite de France SA (EPA:EDF), GDF Suez (EPA:GSZ), RWE AG (OTC:RWEOY), Hindustan Petroleum Corporation Limited (BSE:500104), Oil and National Gas Corporation Limited (BSE:500312), Cairn India Limited (BSE:532792), Heritage Oil Limited (LSE:HOIL), Tullow Oil plc (LSE:TLW), and Scottish and Southern Energy Plc (LSE:SSE)
Companies featured in this segment: Genzyme (NASDAQ:GENZ), Eli Lilly & Company (NYSE:LLY), NiSource Incorporated (NYSE:NI), General Electric (NYSE:GE), Siemens AG (NYSE:SI), The Dow Chemical Company (NYSE:DOW), Progress Energy’s (NYSE:PGN), Covanta Holding Corporation (NYSE:CVA), Sumitomo Chemical Company Limited (TYO:4005), Steel Authority of India Limited (BSE:500113), Endesa (MCE:ELE), and Saudi Basic Industries Corporation (SAU:2010)
Companies featured in this segment: Shaw Group (NYSE:SGR), SCANA Corporation (NYSE:SCG), Entergy Corporation (NYSE:ETR), Progress Energy Incorporated (NYSE:PGN), Agrium Incorporated (NYSE:AGU), Chevre, The Rians Group, Siemens AG (NYSE:SI), and GDF Suez SA (EPA:GSZ).
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