Pre-Market Analysis on Analysis on Edison Intl., Calpine, Southern, and Consolidated Edison

Fri Mar 8, 2013 8:01am EST

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LONDON,  March 8, 2013  /PRNewswire/ --

A sharp decline in natural gas prices in 2012 resulted in several electric
utilities to switch from coal and natural gas. With natural gas prices expected
to remain low in 2013, the trend is expected to continue in 2013. Meanwhile,
electric utilities such as Edison International (NYSE: EIX), Calpine Corporation
(NYSE: CPN), The Southern Company (NYSE: SO) and Consolidated Edison Inc. (NYSE:
ED) will be hoping for a normal winter this year. An unusually warm winter had a
negative impact on electric utilities last year. Finally, electric utilities are
also adapting to new environmental regulations. On Thursday, electric utilities
ended mostly lower even as the broad market ended higher. StockCall has posted
free technical research on EIX, CPN, SO, and ED which can be downloaded upon
sign up at

http://www.stockcall.com/signup

Shares of Edison International reached a 52-week high of  $50.32  in Thursday's
trading session. However, the stock failed to hold on to its gains and finished
marginally lower. Edison International shares ended 0.04% lower at  $50.17  on
volume of 2.05 million. Despite the pullback yesterday, the company's shares
have gained more than 1.60% in the last three trading sessions. Year-to-date,
the stock has gained more than 11%, compared to a gain of over 8.20% for the S&P
500. It currently has a dividend yield of 2.69%. The stock trades on a P/E
multiple of 11.00. Edison International's 50-day moving average recently crossed
above the 200-day moving average. This is a strong bullish signal. The bullish
trend is further confirmed by the stock's MACD chart. Sign up and read the
complimentary report on EIX at

http://www.StockCall.com/EIX030813.pdf   

Shares of Calpine Corporation edged higher in Thursday's trading session.
Nevertheless, gains were limited. The stock closed 0.26% higher at  $19.45  on
volume of 1.92 million. In the last three trading sessions, Calpine Corp.'s
shares have gained more than 4%. Year-to-date, the stock has gained more than
7.20%, underperforming the S&P 500. Shares of CPN are currently facing
resistance at around  $19.50. The stock has seen series of highs in the last few
trading sessions, which is a bullish signal. The bullish trend is further
confirmed by the stock's MACD chart and recent volume activity. The free report
on CPN can be downloaded by signing up now at

http://www.StockCall.com/CPN030813.pdf   

The Southern Company shares ended marginally lower in Thursday's trading
session. The stock closed 0.20% lower at  $45.39  on volume of 4.16 million.
Year-to-date, the company's shares have gained more than 6%, underperforming the
S&P 500. The stock has a dividend yield of 4.32% and trades on a P/E multiple of
17.00. Shares of SO are facing resistance at around  $46. The stock currently
has support at  $44.50. Its MACD is currently trading above the signal line and
the zero-line, which is a strong bullish signal. Free report on SO can be
accessed by registering at

http://www.StockCall.com/SO030813.pdf   

Shares of Consolidated Edison fell in Thursday's trading session. However,
losses were limited. The stock closed 0.46% lower at  $58.98  on volume of 1.19
million. Consolidated Edison's shares have underperformed the S&P 500 this year,
gaining more than 6%, compared to a gain of over 8.20% for the S&P 500. Register
with StockCall and download the research on ED for free at

http://www.StockCall.com/ED030813.pdf   

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