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7 pts

Opinion on  Consolidated Edison Inc (ED)     Sector: Utilities  >  Industry: Electric Utilities
Bullish on ED ...

Mar 26, 2009 03:22 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Consolidated Edison, Inc., through its subsidiaries, provides electric, gas, and steam utility services in the United States. It provides electric service to approximately 3.3 million customers and gas service to approximately 1.1 million customers in New York City and Westchester County, as well as provides steam service to office buildings, apartment houses, and hospitals in parts of Manhattan. The company also provides electric service to approximately 0.3 million customers in southeastern New York and adjacent areas of northern New Jersey and eastern Pennsylvania, and gas service to approximately 0.1 million customers in southeastern New York and adjacent areas of eastern Pennsylvania. In addition, Consolidated Edison owns, leases, or operates generating plants and participates in other infrastructure projects; sells electricity directly to delivery-service customers of utilities primarily in the northeast and Mid-Atlantic regions; and provides energy-efficiency services, including the design and installation of lighting retrofits, high-efficiency heating, ventilating and air conditioning equipment, and other energy saving technologies to government and commercial customers. It serves residential, industrial, and large commercial customers. The company was founded in 1884 and is based in New York, New York.


ED:  This call was made on 03/26/09 @ $37.86
Rating:   Positive   $37.86 (03/26/09)
Gain/Loss:   +9.69% in 228 days
Allocation:   0.1% of portfolio


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