Utilities Touched New Highs: SCANA Corporation (NYSE:SCG), ITC Holdings Corp. (NYSE:ITC), DTE Energy (NYSE:DTE), Northeast Utilities System (NYSE:NU)



“The nearly $5.7 billion project to expand the V.C. Summer nuclear plant in South Carolina may continue to have problems with its modules, raising the possibility of more delays for the new reactors that are among the first to be constructed in the country in decades, according to a report from the South Carolina Office of Regulatory Staff. The report, publicly released by state regulators April 7, came a few days after Summer majority owner and SCANA Corporation (NYSE:SCG) subsidiary South Carolina Electric & Gas Co. said that a key date for the installation of a module for Summer unit 2, the first of the two new reactors, has been pushed back.” SCANA Corporation (NYSE:SCG) stock performance was 0.81% in last session and finished the day at $53.23. Traded volume was 822,389.00million shares in the last session and the average volume of the stock remained 762.83K shares. The beta of the stock remained 0.36. SCANA Corporation (NYSE:SCG) insider ownership is 0.10%.

ITC Holdings Corp. (NYSE:ITC) had its overweight rating reissued by analysts at Morgan Stanley. The firm currently has a $44.00 price target on the stock. ITC Holdings Corp. (NYSE:ITC) rose 1.32 percent to $1.32 Wednesday on volume of 921,734.00million shares. The intra-day range of the stock was $37.41 to $37.90. ITC Holdings Corp. (NYSE:ITC) has a market capitalization of $5.94billion.

DTE Energy Co. (NYSE:DTE) says it’s shut down the Fermi 2 nuclear power plant to replace one of the two main transformers. The plant is along Lake Erie in Monroe County’s Frenchtown Township. DTE Energy Co (NYSE:DTE)’s stock on Apr 16, 2014 reported a increase of 0.44% to the closing price of $77.18. Its fifty two weeks range is $63.38 -$77.18. The total market capitalization recorded $13.66billion. The overall volume in the last trading session was 1.27million shares. In its share capital, DTE has 177.02million outstanding shares.

Executives at Northeast Utilities System (NYSE:NU) and United Illuminating, which provide electricity and natural gas to most of the state, said no cyber-attack has yet disrupted service, but the utilities’ computer systems are regularly probed by hackers, including some with overseas I.P. addresses. On Wednesday, shares of Northeast Utilities System (NYSE:NU) advanced 0.47% to close the day at $46.54. Company return on investment (ROI) is 5.80% and its monthly performance is recorded as 2.90%. Northeast Utilities System (NYSE:NU) quarterly revenue growth is 11.69%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone