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From the Blogosphere
U.S. utilities encounter a shocker: A dip in power demand
Filed under: Other issues, Duke Energy (DUK) The latest trend in the utilities sector could deliver an unpleasant 'jolt' (pun intended) to electric power generation companies, if it continues.
U.S. electricity consumption unexpectedly dropped in Q2 and Q3, on a year-over-year basis, The Wall Street Journal reported Friday (subscription required), although The Journal cautioned that the data is early and incomplete.
Major electric power suppliers Xcel Energy (NYSE: XEL), Duke Energy (NYSE: DUK) and American Electric Power (NYSE: AEP) all reported declines in residential electricity use in recen...
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Trading Radar for 10/31: Chevron (CVX), NYSE Euronext (NYX), Cummins (CMI), Clorox (CL), Burger King (BKC) Report; Personal Income/Spending for Sept., UofM Sentiment Index Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:Before Market Opens:Economics:8:30am ET - Personal Income/Spending for Sept.
Earnings:American Axle (NYSE: AXL) - consensus loss $0.37, revs $527.85MAmerican Electric Power (NYSE: AEP) - consensus EPS $1.04, revs $3.94BAsiaInfo (Nasdaq: ASIA) - consensus EPS $0.12, revs $38.71MBarnes Group (NYSE: B) - cosnensus EPS $0.54, revs $365.38MBurger King (NYSE: BKC) - consensus EPS $0.39, revs $667.56MChevron (NYSE: CVX) - consensus EPS $3.25, revs $88.79BCummins (NYSE: CMI) - consensus EPS $1.19, revs...
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Trading Radar for 10/31: Chevron (CVX), NYSE Euronext (NYX), Cummins (CMI), Clorox (CL), Burger King (BKC) Report; Personal Income/Spending for Sept., UofM Sentiment Index Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:Before Market Opens:Economics:8:30am ET - Personal Income/Spending for Sept.
Earnings:American Axle (NYSE: AXL) - consensus loss $0.37, revs $527.85MAmerican Electric Power (NYSE: AEP) - consensus EPS $1.04, revs $3.94BAsiaInfo (Nasdaq: ASIA) - consensus EPS $0.12, revs $38.71MBarnes Group (NYSE: B) - cosnensus EPS $0.54, revs $365.38MBurger King (NYSE: BKC) - consensus EPS $0.39, revs $667.56MChevron (NYSE: CVX) - consensus EPS $3.25, revs $88.79BCummins (NYSE: CMI) - consensus EPS $1.19, revs...
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Trading Radar for 10/31: Chevron (CVX), NYSE Euronext (NYX), Cummins (CMI), Clorox (CL), Burger King (BKC) Report; Personal Income/Spending for Sept., UofM Sentiment Index Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:Before Market Opens:Economics:8:30am ET - Personal Income/Spending for Sept.
Earnings:American Axle (NYSE: AXL) - consensus loss $0.37, revs $527.85MAmerican Electric Power (NYSE: AEP) - consensus EPS $1.04, revs $3.94BAsiaInfo (Nasdaq: ASIA) - consensus EPS $0.12, revs $38.71MBarnes Group (NYSE: B) - cosnensus EPS $0.54, revs $365.38MBurger King (NYSE: BKC) - consensus EPS $0.39, revs $667.56MChevron (NYSE: CVX) - consensus EPS $3.25, revs $88.79BCummins (NYSE: CMI) - consensus EPS $1.19, revs...
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Trading Radar for 10/31: Chevron (CVX), NYSE Euronext (NYX), Cummins (CMI), Clorox (CL), Burger King (BKC) Report; Personal Income/Spending for Sept., UofM Sentiment Index Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:Before Market Opens:Economics:8:30am ET - Personal Income/Spending for Sept.
Earnings:American Axle (NYSE: AXL) - consensus loss $0.37, revs $527.85MAmerican Electric Power (NYSE: AEP) - consensus EPS $1.04, revs $3.94BAsiaInfo (Nasdaq: ASIA) - consensus EPS $0.12, revs $38.71MBarnes Group (NYSE: B) - cosnensus EPS $0.54, revs $365.38MBurger King (NYSE: BKC) - consensus EPS $0.39, revs $667.56MChevron (NYSE: CVX) - consensus EPS $3.25, revs $88.79BCummins (NYSE: CMI) - consensus EPS $1.19, revs...
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