On Monday, in the course of Afternoon trade, Shares of TECO Energy, Inc. (NYSE:TE), dropped -0.90%, and is now trading at $21.92.
ECO Energy, stated second-quarter results from ongoing operations. Due to recent developments in negotiations regarding the sale of TECO Coal the company is deferring reporting results from suspended operations at this time, and anticipates to report complete second-quarter GAAP results, counting unaudited financial statements on or before Aug. 7.
Second-quarter non-GAAP results from ongoing operations, which exclude $0.4 million of costs associated with the integration of New Mexico Gas Co. (NMGC), were $61.9 million, or $0.26 on a per-share basis, contrast with $60.3 million, or $0.28 on a per share basis in 2014. GAAP results from ongoing operations were $61.5 million, or $0.26 per share, contrast to $57.6 million, or $0.27 per share in 2014.
TECO Energy, Inc., an electric and gas utility holding company, engages in the regulated electric and gas utility operations. It generates, purchases, transmits, distributes, and sells electric energy to retail customers, in addition to to utilities and other resellers of electricity in West Central Florida; and has electric generating plants with a winter peak generating capacity of 4,668 megawatts.
During an Afternoon trade, Shares of FirstEnergy Corp. (NYSE:FE), climbed 1.33%, and is now trading at $34.41.
FirstEnergy Corp., stated second quarter 2015 operating (non-GAAP) earnings* of $0.53 per basic share of common stock. These results exclude the impact of the special items listed below, and compare to 2014 second quarter operating (non-GAAP) earnings of $0.49 per basic share of common stock.
GAAP earnings for the second quarter of 2015 were $187 million, or $0.44 per basic and diluted share of common stock, on revenue of $3.5 billion. For the second quarter of 2014, GAAP earnings were $64 million, or $0.16 per basic share of common stock ($0.15 diluted), on revenue of $3.5 billion.
FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, coal-fired, nuclear, oil and natural gas, wind and solar power, and hydroelectric generating facilities.
Shares of Public Service Enterprise Group Inc. (NYSE:PEG), during its Monday’s current trading session fell -0.38%, and is now trading at $41.52.
Further supporting its commitment to science, technology, engineering and math (STEM) education, the PSEG Foundation has granted Stevens Institute of Technology $250,000 towards the completion of the University’s Solar Decathlon entry, SURE HOUSE.
The SURE (SUstainable and REsilient) HOUSE is Stevens’ entry into the U.S. Department of Energy’s Solar Decathlon competition and represents the schools’ vision of a sustainable and resilient home for the areas at greatest risk during extreme weather. The student-built, net-zero, solar-powered home is presently being built in Hoboken, New Jersey and will soon be shipped to Irvine, California for entry into the competition.
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts.
Finally, CIGNA Corporation (NYSE:CI) , lost -0.97% Monday.
Cigna and Capital Digestive Care are working together to improve quality and cost of care for people having colonoscopies.
The program is part of Cigna Collaborative Care, a value-based model that uses incentives to engage health care professionals and assists drive improved health, affordability and patient experience. Cigna Collaborative Care, which initially focused on large primary care physician groups, has expanded to comprise hospitals, small primary care practices and specialists, counting gastroenterologists.
Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. The company’s Commercial segment offers insured and self-insured customers medical, dental, behavioral health, and vision, in addition to prescription drug benefit plans, health advocacy programs, and other products and services.
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