Utilities Stocks Touched New Highs: Siemens (NYSE:SI), ITC Holdings (NYSE:ITC), Alliant Energy Corporation (NYSE:LNT), Wisconsin Energy (NYSE:WEC)

Technology Stocks News 13

Siemens AG (ADR) (NYSE:SI) Chief Executive Joe Kaeser met Mr. Putin at his official residence outside Moscow on Wednesday. The men posed for the cameras and talked up Germany and Russia’s special economic relationship. Siemens began conducting business in Russia 161 years ago, when it built the czar’s telegraph network. Siemens AG (ADR) (NYSE:SI) stock performance was -0.56% in last session and finished the day at $134.00. Traded volume was 360,941.00million shares in the last session and the average volume of the stock remained 516.90K shares. The beta of the stock remained 1.65.

Trade-Ideas LLC identified ITC Holdings (ITC) as a new lifetime high candidate. TheStreet Quant Ratings rates ITC Holdings Corp. (NYSE:ITC) as a buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. ITC Holdings Corp. (NYSE:ITC) dropped -0.60 percent to $36.42 Wednesday on volume of 381,973.00million shares. The intra-day range of the stock was $36.40 to $36.96. ITC Holdings Corp. (NYSE:ITC) has a market capitalization of $5.74billion.

Customers of Alliant Energy Corporation (NYSE:LNT)’s Iowa electric utility will see no increase in their base electric rates through 2016. Credits will also be included in customer bills based on the three-year agreement filed with the Iowa Utilities Board (IUB) Tuesday. The agreement is a collective effort by Alliant Energy Corporation (NYSE:LNT), the Office of Consumer Advocate, Iowa Consumer Coalition and the Large Energy Group. Alliant Energy Corporation (NYSE:LNT)’s stock on Mar 26, 2014 reported a increase of 1.46% to the closing price of $55.67. Its fifty two weeks range is $46.79 -$56.05. The total market capitalization recorded $6.18billion. The overall volume in the last trading session was 1.21million shares. In its share capital, LNT has 110.80million outstanding shares.

Wisconsin Energy Corp (NYSE:WEC) has seen its stock surge since the start of the year, marking a new life time high with an average dollar volume of $66.4 million. Wisconsin Energy Corp (NYSE:WEC) with its subsidiary generates and distributes electric energy and natural gas to both commercial and residential premises. It operates two segments of utility and non-utility energy. On Wednesday, shares of Wisconsin Energy Corp (NYSE:WEC) dropped -0.65% to close the day at $45.60. Company return on investment (ROI) is 7.80% and its monthly performance is recorded as 4.09%. Wisconsin Energy Corp (NYSE:WEC) quarterly revenue growth is 11.17%.

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