Tag Archives: .NYSE:AES

Potential Stock Market Movers: Exxon Mobil (NYSE:XOM), AES Corporation (NYSE:AES) – XOM, AES

Exxon Mobil Corporation (NYSE:XOM) announced fiscal Q1 earnings moved up 0.5 percent on higher margins, however both its upstream and downstream operations announced lower profits and revenue fell shy of analysts’ forecasts.

The oil exploration giant declared a profit of …

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NRG Energy Inc. (NYSE:NRG) Cursed with Downgrade Rating from Zacks – NRG, AES, AEP, XEL, PPL, S, FE, EXE, CIG

On Monday, Jan 21, 2013, Zacksdowngraded their recommendation on wholesale power generation firm, NRG Energy Inc. (NYSE:NRG) to Underperform from Neutral. The firm presently has a short-term Zacks Rank #3 (Hold).

The united negative impression from fuel price volatility, stringent …

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Jefferies Upgrade PG&E (NYSE:PCG) to “Buy” from “Hold” – EIX, SRE, CIG, PPL, NI, EXC, FE, AES

Jefferies upgraded PG&E Corporation (NYSE:PCG) stock to buy from hold on Wednesday and mentioned the PG&E stock will trade at an earnings multiple equal to the median of its peers once the San Bruno proceedings are resolved in mid-2013.

Jefferies …

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Ocean Power (NASDAQ:OPTT) Declares Fiscal Q2 and Six Months Financial Results – FB, GEN, NRG, NI, PPL, NU, AES

Ocean Power Technologies Inc (NASDAQ:OPTT) on Friday reported financial updates for its second quarter of fiscal 2013 and the 6 months finished October 31, 2012.

The Pennington, New Jersey based Ocean Power announced revenues of $1.4 million in the quarter …

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FirstEnergy Corp (FE) Working Over Restructuring Plan, Trims 200 Jobs – FE, AEP, D, GEN, AES, SO, CIG, NRG, CPN

FirstEnergy Corp. (NYSE: FE) reported that it plans to lower staff by almost 200 as an element of an internal assessment that could bring about further job hedging.

The Akron, Ohio-located power firm reported that it was showing response to …

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Dominion (D) Plans to Divest Three Merchant Generating Facilities

Dominion Resources Inc. (NYSE:D) intends to sell three merchant-generating plants as the firm intends to reallocate its focus toward its synchronized utilities.

The energy firm’s performance has stumbled in current quarters, mainly because of slides in its merchant-generation business.

Merchant …

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