Public Service Enterprise Group Inc. (NYSE:PEG) has offered Energy Strong proposal for the protection and powering of its electric and gas systems against adverse weather conditions. The settlement signed by the staff of the Board of Public Utilities, New Jersey is under review by the other parties and members involved in the case. It will be submitted to the BPU for its final review and approval. PSE&G was seeking permission for investing $2.6 billion in the course of five years to strengthen the electric and gas systems with the New Jersey Board of Public Utilities. Public Service Enterprise Group Inc. (NYSE:PEG) net profit margin is 12.50% and weekly performance is -3.04%. On last trading day company shares ended up $37.98. Analysts mean target price for the company is $39.47. Public Service Enterprise Group Inc. (NYSE:PEG) distance from 50-day simple moving average (SMA50) is -0.36%.
The Ohio Supreme Court has temporarily blocked Duke Energy Corp. (NYSE:DUK) from charging customers for pollution clean-up at its deactivated manufactured-gas plants. Duke Energy Corp (NYSE:DUK) shares advanced 0.15% in last trading session and ended the day on $71.38. DUK gross Margin is 70.10% and its return on assets is 2.30%.Duke Energy Corp (NYSE:DUK) quarterly performance is 1.03%.
Southern Company (NYSE:SO) announced that it is spreading solar energy to the U.S. armed forces bases. The utility announced plans today to build, own, and operate three solar farms on Georgia army bases. The Southern Company (NYSE:SO) shares moved down -0.66% in last trading session and was closed at $43.44, while trading in range of $43.43 – $44.04. The Southern Company (NYSE:SO) year to date (YTD) performance is 8.22%.
IBM (NYSE:IBM) announced that it has reached a seven-year agreement with NiSource Inc. (NYSE:NI) to continue providing a broad range of IT services, including the creation and management of a hybrid cloud computing environment. The agreement will help accelerate business innovation, while supporting NiSource’s continued strong focus on customer service, system security and business application performance. NiSource Inc. (NYSE:NI) ended the last trading day at $36.19. Company weekly volatility is calculated as 1.45% and price to cash ratio as 425.21.NiSource Inc. (NYSE:NI) showed a negative weekly performance of -0.96%.
Cosan Limited (NYSE:CZZ), a Brazilian sugar and ethanol producer, reported an impressive bottom-line result in the first-quarter 2014. Net income was R$256.1 million (US$108.5 million) reflecting a significant rise from R$27.1 million (US$12.0 million) recorded in the year-ago quarter. Cosan Limited (USA) (NYSE:CZZ) net profit margin is 26.60% and weekly performance is 0.42%. On last trading day company shares ended up $12.06. Analysts mean target price for the company is $19.48. Cosan Limited (USA) (NYSE:CZZ) distance from 50-day simple moving average (SMA50) is 2.07%.
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