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Cleco Trading Higher By 13% Following Sale Approval
Tuesday, March 29, 2016 - 7:58am | 128Shares of Cleco Corporation (NYSE: CNL) were trading higher by more than 13 percent early Tuesday morning after the company confirmed that the Louisiana Public Service Commission (LPSC) voted to approve a sale of the company. The LPSC voted to approve the sale of Cleco to a group of North...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Eight Stocks Insiders Are Buying
Wednesday, August 10, 2011 - 1:23pm | 735There is really only one reason insiders buy shares of a company -- they believe the stock price is going to move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity to snap up shares if you have faith in the company. Here are some stocks that were trending...
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Goldman Sachs Maintains Neutral Rating On Cleco (CNL)
Monday, May 9, 2011 - 7:42am | 112Goldman Sachs maintains a Neutral rating on Cleco (NYSE: CNL) but has increased the EPS on CNL for 2012/2013 from $2.45/$2.64 to $2.53/$2.67 to reflect 1Q11 and a slightly improved outlook. In the report, Goldman Sachs said, "We update EPS estimates for Cleco Corp (CNL, Neutral), revising...
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Wells Fargo Summary
Thursday, April 7, 2011 - 9:13am | 76Wells Fargo has reported that the rating on CLECO Corp (NYSE: CNL) has been lowered from Outperform to Market Perform. Earnings estimates on Trinity Industries (NYSE: TRN) were revised up for FY12 to $2.40 from $2.00. Earnings estimates on Ruby Tuesday (NYSE: RT) were revised down for FY12 to $1....