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Edison International Profit Drops 8.2%

Fri, 06 Nov 2009 20:30:16 GMT

Edison International's (EIX) third-quarter profit dropped 8.2% on lower energy prices.

ConEd Profit Rises; Reaffirms Outlook

Kathryn Glass — Tue, 03 Nov 2009 00:01:28 GMT

New York utility company Con Edison saw profit rise, despite decreased demand due to cooler summer temperatures.

PG&E Profits Rise 4.6% in 3Q

Thu, 29 Oct 2009 20:54:58 GMT

Profits at energy company PG&E Corp (PCG) rose 4.6% in the third quarter as $3 billion worth of investments in infrastructure paid off.

Oil Rises, Settles at $79.55 a Barrel

Tue, 27 Oct 2009 21:55:53 GMT

Crude oil for December delivery gained $0.87 per barrel, or 1.11%, to settle at $79.55 on the New York Mercantile Exchange on Tuesday.

Crude Oil Settles at $79.09

Tue, 20 Oct 2009 22:15:48 GMT

On Tuesday on the New York Mercantile Exchange, crude oil for November delivery dropped 52 cents per barrel or 0.65% to settle at $79.09.

Crude Oil Settles at $69.57 on Wednesday

Wed, 07 Oct 2009 20:37:07 GMT

Crude oil for November delivery, fell $1.31 per barrel, or 1.85%, to close at $69.57 on the New York Mercantile Exchange

Oil Settles at $66.71 a Barrel

Kathryn Elizabeth Tuggle — Tue, 29 Sep 2009 21:40:40 GMT

On the Nymex on Tuesday, light sweet crude for November delivery fell $0.13 per barrel, or 0.19%, to settle at $66.71. This month, oil is down by 4.65%.

Smart Grid Influences Utility and Tech Companies

Kathryn Elizabeth Tuggle — Mon, 28 Sep 2009 18:21:57 GMT

Many utility companies and tech companies are anticipating a bright future thanks to a $4.5 billion federal stimulus package that is going towards the funding of smart-grid projects.

Crude Oil Up 2.64% on Tuesday

Kathryn Elizabeth Tuggle — Tue, 22 Sep 2009 21:09:34 GMT

On the New York Mercantile Exchange on Tuesday, light sweet crude for October delivery rose 2.64% or $1.84 to settle at $71.55.Oil is up 2.27% from one month prior, and just over 60% for the year.

Gold Retreats After Hitting 18-Month High

Kathryn Elizabeth Tuggle — Thu, 17 Sep 2009 17:10:05 GMT

On Thursday, gold backed off its 18-month high, with spot gold weighing in at $1,015.70 per ounce in the early afternoon.