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Ten Utilities Stocks Worth a Look Now
Tuesday, August 9, 2011 - 11:53am | 946Many investors turn to utility stocks during difficult economic times because they provide a steady stream of income and their share prices are less affected by uncertain market conditions. Here's a look at ten utility companies with dividend yields of greater than 3% and stocks that are up year to...
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Dahlman Rose Provides Color on Dynergy, Hold
Thursday, June 16, 2011 - 9:28am | 156Dahlman Rose provided color on Dynergy (NYSE: DYN) after the company made a number of changes to its board members. In a research report published today, Dahlman Rose commented on the board's near term actions. In the report, Dahlman Rose states, "With its new board seated for a one-year term, the...
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Blackstone Group To Buy Dynergy With NRG Energy
Monday, August 16, 2010 - 11:00am | 135Dynergy, Inc. (NYSE: DYN) is having its Neutral rating reiterated by Ladenburg Thalmann, but is having its price target lowered from $7.50 to $4.50 (excluding dividends) due to the purchasing of DYN by The Blackstone Group, LP (NYSE: BX) for $4.50 p/s in cash, an purchase totaling $4.7B. Dynergy...
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Dynergy Cuts Costs In 2Q
Monday, August 9, 2010 - 10:02am | 98Dynegy, Inc. (NYSE: DYN) reported 2Q adjusted EBITDA of $124M beating Pritchard's estimate of $86M, while adjusted EPS was $0.31 vs. the $0.51 estimate, assuming a normalized tax rate of 35%, according to Pritchard. Pritchard writes that the adjusted EBITDA was increased due to a $40M in option...