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FPL Group’s Profits Rise – Analyst Blog

Zacks Market Commentaries (October 28th, 2009) Writes:
Energy company FPL Group Inc. (FPL) today reported adjusted net earnings of $1.38 per share for the third quarter of 2009, in line with the Zacks Consensus Estimate of $1.39 and above $1.25 reported last year. The improvement from last year’s results was due to positive contributions from FPL’s NextEra Energy Resources subsidiary, offset by a decline in customer base at the Florida Power & Light subsidiary.  Total revenue during the quarter declined to $4,473 million from $5,387 million a year ago. Revenue at Florida Power & Light Company declined 3.6% year-over-year to $3,301 million, primarily due to the economic challenges faced at Florida. NextEra Energy Resources’ revenue in the quarter was down 40.7% from last year at $1,136 million, due to unfavorable market conditions for the company’s fossil power plants in Texas and below normal wind resource across the fleet.  At Florida Power & Light ...

DrStockPick.com Stock Report! 10/15/09, CBEH, HEP, CACH, EPAY, FPL, TSYS

Dr. Stock Pick (October 15th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Thursday October 15, 2009

DrStockPick.com Stock Report!

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China Integrated Energy, Inc. (Nasdaq: CBEH), a leading non-state-owned integrated energy company in China, today announced its selected unaudited preliminary financial results for the third quarter of 2009. China Integrated intends to offer, subject to market and other conditions, 8,000,000 shares of the Company’s common stock. The Company intends to grant to the underwriters an option to purchase up to 1,200,000 additional shares of the Company’s common stock to cover over-allotments, if any.

Holly Energy Partners, L.P.

...

Stock-PR NYSE Stock Headlines September 9, 2009

stock-pr (September 9th, 2009) Writes:

After years of quietly building what has become the largest renewable energy business in the nation, FPL Group, Inc. (NYSE:FPL) has established itself as one of the nation’s cleanest electric power providers. More than anything else, this defines the company’s commitment to sustainable business practices.

FPL Group, Inc. (NYSE: FPL) is a leading clean energy company with 2008 revenues of more than $16 billion, approximately 39,000 megawatts of generating capacity, and more than 15,000 employees in 27 states and Canada. Headquartered in Juno Beach, Fla., FPL Group’s principal subsidiaries are NextEra Energy Resources, LLC, the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country.

Wells Fargo & Company (NYSE:WFC) said today that through August 2009 it has completed 33,172 trial and final

...

SmallCapSentinel.com: For Sun and Wind

Stuart Smith (September 2nd, 2009) Writes:

LAS VEGAS, Sept. 2, 2009 (GLOBE NEWSWIRE) — Most alternative energy market watchers know GWS Technologies (OTCBB:GWSC) from a series of announcements regarding efforts in the red-hot solar industry. As we covered those reports, we noted how the company continued to refer to itself as an alternative energy company developing renewable energy solutions, not just a solar play. Today’s announcement regarding GWS’s entry into the wind energy market in Montana perhaps explains why.

A profile featuring emerging alternative energy company GWS Technologies and of interest to wind energy leaders American Superconductor Corporation (Nasdaq:AMSC), A-Power Energy Generation Systems, Ltd. (Nasdaq:APWR), Florida Power & Light Company (NYSE:FPL), and Trinity Industries, Inc. (NYSE:TRN) has been published at the link below:

http://www.emergingmarketsllc.com/profiles.php?ID=greenwindsolar.php

GWS announced this morning that it is working with Wind Pro Energy Systems in Circle, Montana to develop wind solutions throughout the state. A Harvard study found Montana to be the

...

Green Investor News – FPL’s investments in fuel efficiency expected to yield billion-dollar-a-year savings for customers beginning in 2014

Dawn Van Zant (June 18th, 2009) Writes:
JUNO BEACH, Fla. - June 18 2009 - Florida Power Light Company's investments in making its power plants among the cleanest and most efficient in the country have saved customers nearly $3 billion in fuel costs since 2002, and continued investment is expected to yield customer savings totaling $1 billion every year beginning in 2014.

FPL Group Inc. – Value – Zacks Rank Buy

Tracey Ryniec (May 22nd, 2009) Writes:
FPL Group Inc. (...

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