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CMS: Utility comes back from bankruptcy |
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| Jun 10, 2009 08:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Commodities, Stocks to Buy "The road back from near bankruptcy in 2002 for CMS Energy (NYSE: CMS) has been a rocky one," says Roger Conrad. Here's an update from his specialty service, The Utility Forecaster. "From Three Mile Island to the Enron meltdown, utilities have always recovered from disaster by cutting debt and operating risk and repairing regulatory relations. "Last fall, the shares of CMS Energy -- our latest featured growth stock -- plunged from high teens to single digits on recession worries in embattled Michigan. Ironically, however, CMS' underlying business is healthier than at any time since the late 1990s. Continue reading CMS: Utility comes back from bankruptcy CMS: Utility comes back from bankruptcy originally appeared on BloggingStocks on Wed, 10 Jun 2009 15:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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