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Con Edison Falls Behind Consensus

Consolidated Edison Inc. (ED) announced its fourth quarter results of fiscal 2009 with earnings per share (EPS) of 67 cents, which fell short of both the Zacks Consensus EPS Estimate of 77 cents and the year-ago EPS of 72 cents. EPS was affected by the…

[ More ] January 22nd, 2010 | No Comments | Posted in Industries, Utilities |

Mirant Corp (MIR): Is There Significant Value Behind This Coal-Burning Utility?

As I noted in my write-up for The Pantry (PTRY), my investing strategy focuses on finding value stocks trading at a Price to Book (P/B) of less than one. From these, I try to find seemingly boring and unsexy companies that I think will keep posting pos…

[ More ] January 15th, 2010 | No Comments | Posted in Industries, Utilities |
 

What The Market Wants: And They’re Off . . .

Stocks came strongly out of the gate last Monday to kick off the 2010 Wall Street race. And indeed the market advanced throughout the week, albeit fitfully, with the S&P 500 starting the week at 1114 and closing at 1144. So let’s recap last week

[ More ] January 12th, 2010 | No Comments | Posted in Industries, Utilities |

A Global Water Crisis

Every once in a while, the media grabs hold of a topic we’ve long been covering. Surely you’ve caught glimpses of news stories covering peak oil or the need for rare earth metals in the mainstream of late.

[ More ] December 30th, 2009 | No Comments | Posted in Industries, Utilities |
 

Another Acquisition By WM

Waste Management, Inc. (WM) has acquired Metro Waste Disposal, a solid waste services company. Metro Waste Disposal, which primarily serves commercial and industrial customers in the Cleveland, Akron and Canton areas, will further strengthen Waste Mana…

[ More ] December 30th, 2009 | No Comments | Posted in Industries, Utilities |

Hot Stocks Of The Day: FNM, FRE, AMR, AMCS, VICL, KEP

US stocks retreated in afternoon trade as technology and financial shares declined, sending major indexes lower.[More...]

[ More ] December 28th, 2009 | No Comments | Posted in Industries, Utilities |
 

Looming Global Water Shortages

A crisis is unfolding that no one is talking about.
It’s not financial. And it’s not about oil.
Yet scores of Fortune 500 companies are worried about it. And at the same time, dozens of companies are salivating over the opportunity it presents.

[ More ] December 23rd, 2009 | No Comments | Posted in Industries, Utilities |

Global Water Investments

A hostile commodity takeover is slowly gripping the world.
It began in Africa, but has quickly spread to Asia, Australia, Europe, and even the United States.[More...]

[ More ] December 23rd, 2009 | No Comments | Posted in Industries, Utilities |