Quarterly Dividends, Financial Results, and Other Corporate Announcements - Research Report on ITC, Edison International, NextEra Energy, PPL, and DTE Energy
NEW YORK, November 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting ITC Holdings Corp. (NYSE: ITC), Edison International (NYSE: EIX), NextEra Energy, Inc. (NYSE: NEE), PPL Corporation (NYSE: PPL) and DTE Energy Co. (NYSE: DTE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ITC Holdings Corp. Research Report
On November 13, 2013, ITC Holdings Corp.'s (ITC) Board of Directors announced a quarterly cash dividend on ITC common stock of $0.425 per share. According to the Company, shareholders of record as of December 2, 2013 will be paid the dividends on December 16, 2013. The Full Research Report on ITC Holdings Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/cb13_ITC
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Edison International Research Report
On November 13, 2013, Edison International reported that its subsidiary, Southern California Edison (SCE) has released a white paper demonstrating that its decision in June to permanently shut down the San Onofre Nuclear Generating Station (SONGS) in light of the failure of the replacement steam generators provided by Mitsubishi Heavy Industries (Mitsubishi) was an appropriate cost-mitigation measure. Commenting on this decision, SCE President Ron Litzinger said, "Once we decided to shut down SONGS due to the circumstances created by the failed replacement steam generators, we were able to significantly reduce costs. This paper shows that these cost savings were greater than the benefits that could have been achieved by continuing to work toward returning SONGS to service, given the uncertainty about if and when SONGS would have been allowed to restart. We believe this white paper presents an opportunity to thoroughly answer any remaining questions about why we shut down the plant when we did and why it was the best option for customers." The Full Research Report on Edison International - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/b3f9_EIX
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NextEra Energy, Inc. Research Report
On November 1, 2013, NextEra Energy, Inc. (NextEra Energy) reported its financial results for Q3 2013. The Company's Q3 2013 net income on a GAAP basis was $698 million, or $1.64 per share, versus $415 million, or $0.98 per share, in Q3 2012. On an adjusted basis, the Company's earnings were $607 million, or $1.43 per share during the quarter, versus $532 million, or $1.26 per share, during Q2 2012. Reflecting on the Company's quarterly performance, NextEra Energy President and CEO James L. Robo commented, "NextEra Energy delivered strong results in the third quarter as our company continued to execute against our development program as well as our ongoing initiative to improve productivity and take costs out of the business. At Florida Power & Light Company, increased investment in the business continues to improve reliability, reduce emissions, lower fuel costs, and enhance an already excellent value proposition for our customers. At NextEra Energy Resources, we placed into service an additional new contracted renewable project that strengthens our position as North America's largest generator of renewable energy from the wind and sun." The Full Research Report on NextEra Energy, Inc. including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/7c18_NEE
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PPL Corporation Research Report
On November 13, 2013, PPL Corporation (PPL) reported that no-hunting restrictions around the Holtwood hydroelectric plant will be effective during the 2013-14 hunting season due to the ongoing construction work around the facility. Commenting on the restrictions, John M. Levitski, Regional Affairs Director for the Lancaster area said, "We appreciate the public's understanding and adherence to these restrictions, which are meant to keep both hunters and construction workers safe." The Full Research Report on PPL Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/807d_PPL
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DTE Energy Co. Research Report
On November 7, 2013, DTE Energy Co. (DTE Energy) reported that the Company's gas costs are projected to be lower this winter for its 1.2 million natural gas customers. The Company stated that during this winter, costs will complete a decrease of more than 25% since the winter of 2010-11. Mark Stiers, DTE Energy Vice President, Gas Sales and Supply, commented, "We deploy purchasing strategies to make sure our customers are paying lower prices during the winter and throughout the year for that matter. At DTE, we don't want energy bills to be a burden for our customers. We try to keep costs low and also provide payment options for customers who are struggling financially." The Full Research Report on DTE Energy Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/24df_DTE
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