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Report On:
Allegheny Energy, Inc. (AYE)
UTILITIES - Utilities - Electric Utilities
Generated: Thursday March 10, 2011 04:06 AM
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Quotes About Allegheny Energy, Inc.
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Aldie Warnock Joins Midwest ISO as Vice President of Government and Regulatory Affairs
His expertise in understanding both state and federal regulatory issues as well as legislative concerns during an era of changing public policy will help us provide additional value for the benefit of our members and the customers they serve." -
FirstEnergy-Allegheny Energy merger closes
We are pleased to have completed our merger and look forward to delivering to our customers, shareholders and employees the significant benefits of a larger, stronger company," -
Allegheny Energy Q4 net income decreases
2010 marks our seventh consecutive year of earnings growth,"
- Paul Evanson -
Allegheny Energy, FirstEnergy Merger Complete
People are employees-at-will without a union on the property,"
- Richard Cossell -
FirstEnergy wins its $8.5 billion bid for Allegheny Energy
I don't think the merger will result in substantially lower rates in the near term. The rates are pretty low now,"
- Ted Robinson
Latest Company Intelligence
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AEP to Withdraw PATH Application
FavStocks | Mar 1,'11
American Electric Power Company Inc. ( AEP ) along with its partner FirstEnergy Corporation ( FE ) stated that they will file to withdraw applications seeking approval from state regulatory agencies (Virginia, Maryland and West Virginia) for the Potomac-Appalachian Transmission Highline (PATH) project. The decision came after the announcement of indefinite suspension of the $2 billion -
FirstEnergy Clinches Allegheny Buy
FavStocks | Feb 28,'11
FirstEnergy Corp. ( FE ) on Friday concluded its long-awaited merger deal with Allegheny Energy Inc. ( AYE ), thus creating one of the nation's largest energy companies. The completion of the $4.7 billion merger, which was entered on February 11, 2010, marks the beginning of the companies' combined operations. The newly formed energy behemoth will consist of 10 regulated electric -
PUC Approves FirstEnergy Merger With Condition
WDUQNews | Feb 26,'11
FirstEnergy has cleared the last hurdle in its efforts to acquire rival power company Allegheny Energy. The Pennsylvania Public Utility Commission voted yesterday to approve the union, which means that four electric utilities operating in Pennsylvania will have the same parent company. Akron, Ohio-based FirstEnergy announced last year that it was buying Greensburg based Allegheny -
FirstEnergy completes Allegheny purchase
Yahoo! Finance | Feb 25,'11
FirstEnergy completes $4.7B buy of Allegheny Energy to form 1 of largest US power utilities {"s" : "aye,duk,fe,pgn,ppl","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} AKRON, Ohio (AP) -- FirstEnergy Corp. on Friday completed its $4.7 billion stock purchase of Allegheny Energy Inc., forming one of the nation's largest power companies. The combined company will be -
Flying high at Allegheny Energy…
footnoted | Feb 25,'11
Except for the potential lawsuit that Allegheny Energy, Inc. (AYE) has on the horizon (a coal-fired power plant in West Virginia allegedly violated the Clean Water Act by releasing arsenic into the Cheat River watershed), a lot of the news about the company has been decidedly more upbeat. For example, earnings per share were up for 2010 (the seventh consecutive year of growth, Paul J. -
DJN: Allegheny Energy, FirstEnergy Get Final Regulatory Approval Needed To ...
The Wall Street Journal | Feb 24,'11
NEW YORK (Dow Jones)--The FirstEnergy Corp. (FE) and Allegheny Energy Inc. (AYE) merger cleared its final regulatory hurdle Thursday, serving as a positive indicator for future mergers that may be brewing in the power industry. The Pennsylvania Public Utilities Commission approved the $4.7 billion deal Thursday, after examining the impact it would have on rate payers. Federal
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