A subsidiary of CenterPoint Energy Inc. (CNP) and NextEra US Gas Assets LLC, an affiliate of FPL Group Inc. (FPL) signed an agreement to explore the construction of a pipeline in north Louisiana. The new pipeline will transport natural gas from the Haynesville Shale area. The expected capacity of the potential new pipeline is up to 2.0 billion cubic feet per day. The pipeline would connect Haynesville Shale natural gas production to markets in north Louisiana and CenterPoint Energy's Perryville Hub. The companies announced that an open season will be held to gauge market interest in the proposed new pipeline. With the development of the new pipeline, CenterPoint and FPL Group expect to enhance the existing infrastructure in the rapidly expanding Haynesville Shale area. Gas production in north Louisiana, including the rapidly developing Haynesville Shale, remains robust. The new pipeline would assist producers with ...

Energy delivery company CenterPoint Energy Inc. (CNP) today posted net earnings of 31 cents per share, in line with Zacks Consensus Estimate of 31 cents and lower than last year’s earnings of 39 cents. The company’s core regulated operations reported strong earnings results during the quarter despite the economic downturn. Net revenues in the quarter increased 60% over a year ago to $2,515 million, driven by revenue increases at the natural gas distribution and competitive natural gas sales & services businesses. Operating income reported in the quarter was down 15% year-over-year to $287 million, due to lower natural gas and natural gas liquids prices, a decline in natural gas throughput from the traditional basins and reduced basis differentials. Operating income at CenterPoint’s electric transmission & distribution segment improved 8% over last year to $218 million, consisting of $187 million from the regulated electric transmission & distribution ...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Monday August 3, 2009

PennyOmega.com Stock Report!

**************************************************************

MBIA Inc. (NYSE: MBI) announced today that Theodore (Ted) Shasta (58) was elected to MBIA’s board of directors and has been appointed to its Audit Committee. Mr. Shasta is a former Senior Vice President and Partner of Wellington Management Company, a global investment advisor with over $400 billion in client assets under management. Mr. Shasta joined Wellington Management Company in 1996 and specialized in the financial analysis of publicly traded insurance companies, including both property casualty and financial guarantee insurers.

On July 31, 2009 CFS Bancorp, Inc. (Nasdaq: CITZ) (the Company) issued a Form 8-K containing several amendments to the

...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Aon Corp (AOC) Blyth Inc (BTH) Build-A-Bear Workshop Inc (BBW) Cal-Maine Foods Inc (CALM) Celgene Corp (CELG) CenterPoint Energy Inc (CNP) Cincinnati Financial Corp (CINF) Cleco Corp (CNL) CNinsure Inc (CISG) Domtar Corp (UFS) DRI Corp (TBUS) Duke Realty Corp (DRE) Electronics For Imaging Inc (EFII) Expeditors International of Washington (EXPD) The Hain Celestial Group Inc (HAIN) Heritage Financial Corp (HFWA) Innophos Holdings Inc (IPHS) Integra Bank Corp (IBNK) Investment Technology Group (ITG) ITT Corp (ITT) Kelly Services Inc (KELYA) Kinder Morgan Energy Partners LP (KMP) Legacy Bancorp Inc (LEGC) The Macerich Co (MAC) Middlesex Water Co (MSEX) Panasonic Corp (PC) Park Electrochemical Corp (PKE) Penford Corp (...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

ABB Ltd (ABB) Accuride Corp (AURD) Alaska Air Group Inc (ALK) Allegheny Energy Inc (AYE) The Allstate Corp (ALL) Arbor Realty Trust Inc (ABR) Argo Group International Holdings Ltd (AGII) Banco Bradesco SA (BBD) Berkshire Hills Bancorp Inc (BHLB) Blyth Inc (BTH) Bristow Group Inc (BRS) Callaway Golf Co (ELY) CBS Corp (CBS) Celgene Corp (CELG) CenterPoint Energy Inc (CNP) Cincinnati Financial Corp (CINF) Clarcor Inc (CLC) Cleco Corp (CNL) CNinsure Inc (CISG) Community Bancorp (CBON) Cynosure Inc (CYNO) Dayton Superior Corp (DSUPQ) Domtar Corp (UFS) El Paso Electric Co (EE) EMS Technologies Inc (ELMG) Erie Indemnity Co (ERIE) Ethan Allen Interiors Inc (ETH) Fairpoint Communications Inc (...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

ABB Ltd (ABB) ACIW (ACIW) AnnTaylor Stores Corp (ANN) Argo Group International Holdings Ltd (AGII) Bancolombia SA (CIB) Bristow Group Inc (BRS) BRT Realty Trust (BRT) Cadence Financial Corp (CADE) CenterPoint Energy Inc (CNP) Collective Brands Inc (PSS) El Paso Electric Co (EE) Erie Indemnity Co (ERIE) Expeditors International of Washington (EXPD) Fairpoint Communications Inc (FRP) Ferro Corp (FOE) First Merchants Corp (FRME) First Security Group Inc (FSGI) Fuel Tech Inc (FTEK) Gol Linhas Aereas Inteligentes SA (GOL) Harleysville Group Inc (HGIC) Haverty Furniture Companies Inc (HVT) Heartland Payment Systems Inc (HPY) Huntsman Corp (HUN) Intrepid Potash Inc (IPI) ITT Corp (ITT) Jo-Ann Stores Inc (JAS) Kelly Services Inc ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Ajinomoto Co Inc (AJINY) Alexza Pharmaceuticals Inc (ALXA) Allscripts-Misys Healthcare Solutions (MDRX) American Caresource Holdings Inc (ANCI) Anesiva Inc (ANSV) Atmos Energy Corp (ATO) BioCryst Pharmaceuticals Inc (BCRX) Cell Therapeutics Inc (CTIC) CenterPoint Energy Inc (CNP) Conmed Healthcare Management Inc (CMHM) Crawford & Co (CRD.B) Denny's Corp (DENN) The Finish Line Inc (FINL) Flanders Corp (FLDR) Getty Realty Corp (GTY) Haemonetics Corp (HAE) Intelligroup Inc (ITIG) Investors Bancorp Inc (ISBC) Keryx Biopharmaceuticals (KERX) Kirkland's Inc (KIRK) LodgeNet Interactive Corp (LNET) Media General Inc (MEG) Meridian Bioscience Inc (VIVO) Metabasis Therapeutics Inc (MBRX) Multi-Color Corp (LABL) NCI Inc (NCIT) NeuroMetrix Inc (NURO) Nile Therapeutics Inc (NLTX) Power Medical ...

When the stock market is volatile and in recessionary times, investors often turn to electric utilities as investments. The advantages are the high income, less volatility than other stocks, they are monopolies, they provide a product that everyone requires, and during a recession when people are cutting back, one of the last things they cut back on are their electric bills. The following electric utility stocks all have yields over 6%, PE ratios below 18, and PEG ratios below 3.Great Plains Energy Incorporated ( GXP ) is a Kansas City based generator of electricity from coal, nuclear, natural gas, oil, and wind. It pays a yield of 8.70% , and has a PE of 10 and a PEG of 1.42 .Ameren Corporation ( AEE ) is a utility that serves Missouri and Illinois. It pays a ...