NEW YORK, June 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting NV Energy, Inc. (NYSE: NVE), NiSource Inc. (NYSE: NI), CenterPoint Energy, Inc. (NYSE: CNP), American Water Works Company, Inc. (NYSE: AWK), and American States Water Company (NYSE: AWR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
NV Energy, Inc. Research Report
On May 29, 2013, NV Energy, Inc. (NV Energy) and MidAmerican Energy Holdings Company (MidAmerican) announced that they have reached a definitive agreement whereby MidAmerican will acquire NV Energy. Under the terms of the agreement, MidAmerican will purchase all outstanding shares of NV Energy's common stock for $23.75 per share in cash. Michael Yackira, President and Chief Executive Officer of NV Energy, said, "By joining forces with MidAmerican, we will gain access to additional operational and financial resources as we continue to position NV Energy to support the evolving energy needs of our state and work with public policy leaders and regulators to reshape Nevada's energy future." Mr. Yackira further added, "Importantly, we will have the opportunity to combine MidAmerican's expertise in renewable energy with Nevada's vast renewable resources for the benefit of our customers and our state." The Full Research Report on NV Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/8750_NVE]
--
NiSource Inc. Research Report
On June 6, 2013, NiSource Inc. (NiSource) released its first Inclusion and Diversity (I&D) Report, which highlights the progress toward advancing I&D as an essential part of the Company's strategic direction and operational identity. The report details NiSource's commitment, ongoing strategy and achievements through four dimensions of I&D: employees, customers, communities, and supplier diversity. "Inclusion and Diversity (I&D) is central to our efforts to build a stronger company that respects and values everyone's unique contributions, views and fundamental desire to do good work," said Robert C. Skaggs, Jr, President and Chief Executive Officer of NiSource. "This commitment is more than just the right thing to do. It drives tangible benefits for our company, our customers and all our stakeholders." The Full Research Report on NiSource Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/f46f_NI]
--
CenterPoint Energy, Inc. Research Report
On June 6, 2013, CenterPoint Energy, Inc. (CenterPoint) announced that it will add 35 natural gas vehicles to its fleet across Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Additionally, the Company expects to provide natural gas service to at least 17 new compressed natural gas fueling stations built in the Company's service territory. "Vehicles powered by affordable, clean, safe and domestic natural gas can create American jobs, save businesses and consumers money, protect the environment, and bring us energy independence for the decades ahead," said Joe McGoldrick, Division President of Gas Operations at CenterPoint. "Natural gas can compete with other vehicle fuels, but we need to expand our infrastructure and nurture the growing natural gas vehicle market." CenterPoint's own natural gas vehicle fleet will grow to 85 vehicles by the end of 2013. The Full Research Report on CenterPoint Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/c6af_CNP]
--
American Water Works Company, Inc. Research Report
On May 24, 2013, American Water Works Company, Inc. (American Water) announced that Standard & Poor's upgraded the corporate credit rating of American Water and its subsidiaries. American Water Capital Corp., New Jersey American Water Co., and Pennsylvania American Water Co. received a rating of A- from the previous BBB+ with a stable outlook. Jeff Sterba, President and Chief Executive Officer of American Water said, "This upgrade is important for our customers as well. The reliable water service we deliver to millions of people every day is dependent upon the maintenance of our water systems. Having greater access to capital at lower debt costs enhances our ability to make needed investments while balancing the impact it has on those we serve." The Full Research Report on American Water Works Company, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/a8b0_AWK]
--
American States Water Company Research Report
On May 21, 2013, American States Water Company's (American States Water) Board of Directors announced that it has approved a 14.1% increase in its Q3 cash dividend. The previously approved dividend of $0.355 per share will now be $0.405 per share on the common shares of the Company. The increase is equivalent to $0.20 per share above its current annualized dividend rate of $1.42 to $1.62. Dividends on the common shares will be payable on September 3, 2013 to shareholders of record at the close of business on August 15, 2013. Further, the Board also approved a two-for-one stock split of the Company's common stock. Shareholders of record at the close of business on August 15, 2013 will receive one additional share of American States Water stock for each share they own. Robert J. Sprowls, President and Chief Executive Officer of American States Water, said, "This double-digit increase in our quarterly dividend and the stock split reflect our Board's confidence in the company's ability to continue to deliver solid results and its desire to have a payout ratio that is more in line with our peers." The Full Research Report on American States Water Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/e74b_AWR]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquires, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE Wall Street Reports