Northeast Utilities
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Why Is Netflix Expected to Open Higher on January 19?
After the market closed on Wednesday, Netflix (NFLX) posted upbeat fourth quarter earnings. It reported $2.48 billion in revenue in the fourth quarter.
Millennium Management exits stake in Forest Laboratories
In July 2014, Actavis completed the acquisition of Forest Laboratories, creating one of the world’s fastest-growing specialty pharmaceutical companies.
Millennium Management adds new position in Kimberly-Clark
Kimberly-Clark Corporation (KMB) is an American personal care company that produces mostly paper-based consumer products.
The utility sector clocks in its best weekly gains of the year
The Utilities Select Sector SPDR (XLU) generated its best weekly gains in 2014 last week. XLU was up by 3.6% for the week ending December 26.
New England and the Pacific are great regions to produce power
The US is divided into nine divisions. The Pacific and New England divisions had the highest year-over-year, or YoY, growth in electricity prices in September 2014.
Electricity prices in Northeastern US defying gravity
In October 2014, the East North Central and New England divisions registered the highest YoY growth in electricity prices, surging by 5.1% and 4.9%, respectively.
Wholesale electricity prices mirrors natural gas price
With the exception of Texas, wholesale prices in all other US regions were low.
Three Black Crows And Three White Soldiers Candlestick Pattern
The Three White Soldiers candlestick pattern is also a reversal pattern. It forms at the bottom of a downtrend. The pattern has three candles. All three of the candles are long and bullish.
Teco and Northeast bleed, dragging power utilities down
Among power utilities, Teco Energy (TE) saw the biggest drop in share prices for the week ended February 13, 2015. Teco share prices fell by 7.0%.
Must-know: Risks to AES Corporation’s business
Given the nature of its business, AES Corporation (AES) faces risks relating to currency fluctuations, fuel prices, interest rates, and a scattered business model.
Why electricity prices vary across different regions in the US
Electricity prices also vary across regions and states. Changes in regional electricity prices are also an important factor for the power utilities industry.
Millennium Management decreases position in Northeast Utilities
Northeast Utilities reported a 12% rise in profits on lower operating costs and increased investments in big power transmission projects around New England.
Millennium Management 3Q14 holdings
Millennium Management LLC is a privately owned and managed hedge fund founded in 1989 and headquartered in New York City.
How AES uses its cash
By the end of 2014, AES Corporation (AES) expects to have between $1.68 billion and $1.75 billion in cash at its disposal.
