Financial

  • The Board of Directors of Entergy Corporation (NYSE: ETR) has declared a quarterly dividend of 83 cents per common share. The payment date is June 2, 2014, to stockholders of record on May 15, 2014.
  • Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 63 cents a share on its common stock, payable June 15, 2014, to stockholders of record as of May 14, 2014.
  • A group of 16 counties says Ameren Missouri's property within their borders is worth $103 million more than the utility claims, and both sides are gearing up for a long appeal in front of the state's tax commission.
  • CONSOL Energy Inc. (NYSE: CNX) ("CONSOL") today announced the closing of its private placement of $1.6 billion of its 5.875% senior notes due 2022 (the "Notes"). The Notes are guaranteed by substantially all of CONSOL's wholly-owned domestic restricted subsidiaries.
  • The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company's outstanding preferred stock and preference stock as follows:
  • CONSOL Energy Inc. (NYSE: CNX) ("CONSOL") announced that, as of 5:00 p.m., New York City time, today (the "Withdrawal Time"), as reported by the tender agent, it had received tenders and consents from holders of approximately $583 million, or 38.9 percent, of the principal amount of its outstanding 8.00% senior notes due 2017 (the "2017 Senior Notes"), in connection with its previously announced tender offer (the "Offer") and consent solicitation respecting the 2017 Senior Notes.
  • The recently discovered fracture at the Wanapum Dam's spillway structure does not currently impact bond ratings for the project's owner, the Public Utility District No. 2 of Grant County, WA (the district), nor other affected utilities, Fitch Ratings says.
  • Atlantic Power Corporation (TSX: ATP) (NYSE: AT) (the "Company" or "Atlantic Power") today announced its distribution for the month of April 2014. A dividend of Cdn$0.03333 per common share will be payable on May 30, 2014 to holders of record at the close of business on April 30, 2014.
  • Pacific Gas and Electric Company (PG&E) paid property taxes and franchise fees of more than $302 million this spring to the 49 counties and 243 cities in which it provides service to 15 million Californians.
  • Dynegy Inc. (NYSE:DYN) has completed an exchange offer (the Exchange Offer) of $500 million aggregate principal amount of its 5.875% Senior Notes due 2023 registered under the Securities Act of 1933 (the Exchange Notes) for all $500 million aggregate principal amount of its outstanding 5.875% Senior Notes due 2023 (the Notes).
  • A wind-turbine blade maker with a factory in Grand Forks reported decreased revenues in its 2013 financial report released Friday.
  • ITC Holdings Corp. (NYSE: ITC) today announced its new five-year capital investment plan of approximately $4.5 billion for the period 2014 through 2018, as a part of a comprehensive strategic update.
  • The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
  • Fitch Ratings has published the North American Utilities, Power, and Gas (UPG) Group's monthly summary rating report for March 2014.
  • Alliant Energy Corporation (NYSE: LNT) announced today that quarterly dividends on common stock were declared by the Board of Directors.
  • Fitch Ratings assigns an 'A+' rating for the following bonds issued by the city of Lubbock, TX on behalf of its municipally-owned electric utility system known as Lubbock Power & Light (LP&L).
  • The latest bankruptcy filing in the coal industry is not expected to change the competitive landscape as the natural gas revolution continues, according to Fitch Ratings.
  • The Maine Department of Environmental Protection is asking First Wind, Maine's largest wind power developer, to prove that it has enough money to build four major projects that are in different stages of construction and permitting.
  • The criminal indictment of Pacific Gas & Electric Co. (PG&E) for violations of the Pipeline Safety Act will not affect its ratings or the ratings of its corporate parent PG&E Corp. (PCG), according to Fitch Ratings. Fitch rates both PG&E and PCG 'BBB+'.
  • (NYSE:UIL) UIL Holdings Corporation (UIL) announced today that its wholly-owned subsidiary, CTG Resources, Inc., has extended its cash tender offer for all of the issued and outstanding shares of the $3.125 Par Preferred Stock of its subsidiary, Connecticut Natural Gas Corporation ("CNG"), and has increased the price from $7.50 per share to $10.25 per share, subject to revised terms in a Supplement to Offer to Purchase.