Calpine Corp. (NYSE:CPN) recently announced that it will sell six Southeastern power plants in the U.S. to LS Power for $1.57 billion in cash. Calpine Corporation (NYSE:CPN) shares after opening at $22.40 moved to $22.50 on last trade day and at the end of the day closed at $22.26. Company price to sales ratio in past twelve months was calculated as 1.50 and price to cash ratio as 10.01. Calpine Corporation (NYSE:CPN) showed a positive weekly performance of 7.23%.
Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR) or Eletrobras, saw prices for the power it sells drop dramatically in 2012 when it renewed its concession contracts for another 30-years. As a result, the firm reported a loss of 6.3 billion reais last year, and the problems have raised doubts about its ability to carry out an investment program worth some 60.8 Brazilian reais over the next four years without fresh capital from the firm. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR) shares advanced 1.45% in last trading session and ended the day on $3.50. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR) yearly performance is 41.70%.
ONEOK Inc. (NYSE:OKE) continues with its steady effort to maximize shareholders’ wealth through the payment of increased dividend. ONEOK, Inc. (NYSE:OKE) shares moved up 1.28% in last trading session and was closed at $62.49, while trading in range of $61.43 – $62.68. ONEOK, Inc. (NYSE:OKE) year to date (YTD) performance is 15.57%.
Employees from National Grid plc (ADR) (NYSE:NGG) joined the Gowanus Canal Conservancy to help clean and beautify the area. Volunteers sifted compost, pulled weeds and planted flowers along the canal. National Grid plc (ADR) (NYSE:NGG) weekly performance is 2.61%. On last trading day company shares ended up $70.07. National Grid plc (ADR) (NYSE:NGG) distance from 50-day simple moving average (SMA50) is 2.34%. Analysts mean target price for the company is $69.23.