Key Developments: TECO Energy Inc (TE.N)
17.75USD
1 Aug 2013
$0.08 (+0.45%)
$17.67
$17.70
$17.78
$17.51
446,289
580,323
$19.22
$16.13
Latest Key Developments (Source: Significant Developments)
TECO Energy Inc Reaffirms FY 2013 EPS Guidance
TECO Energy Inc reaffirmed fiscal 2013 guidance and expects earnings per share (EPS) in a range between $0.90 and $1.00. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.95 for fiscal 2013. Full Article
TECO Energy Inc Declares Quarterly Dividend
TECO Energy Inc announced that it has declared a dividend of $0.22 per share on the Company's common stock. The dividend is payable Aug. 28 to shareholders of record as of August 14, 2013. Full Article
TECO Energy Inc Announces Agreement To Acquire New Mexico Gas Company
TECO Energy Inc announced that it has entered into a definitive stock purchase agreement with Continental Energy Systems LLC, and its subsidiary New Mexico Gas Intermediate, Inc. (NMGI), to acquire New Mexico Gas Company for an aggregate value of $950 million, including the assumption of $200 million of New Mexico Gas Co. debt, subject to customary closing adjustments. Under the terms of the agreement, TECO Energy will acquire NMGI, the owner of New Mexico Gas Co. (NMGC). The transaction is expected to close in the first quarter of 2014, and is subject to state and federal regulatory approvals. The transaction is expected to be accretive to earnings in the first full year post-closing, 2015. Full Article
TECO Energy Inc Reaffirms FY 2013 EPS Guidance-Conference Call
TECO Energy Inc reaffirmed fiscal 2013 guidance and expects earnings per share (EPS) in a range between $0.90 and $1.00. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.95 for fiscal 2013. Full Article
TECO Energy Inc Declares Quarterly Dividend
TECO Energy Inc announced that the Board of Directors of TECO Energy declared a dividend of $0.22 per share on the Company`s common stock. The dividend is payable May 28, 2013 to shareholders of record as of May 13, 2013. Full Article
TECO Energy Inc Reaffirms FY 2013 EPS Guidance
TECO Energy Inc announced that for fiscal 2013, it expects earnings per share (EPS) in a range between $0.90 and $1.00, excluding any unusual charges and gains. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.95 for fiscal 2013. Full Article
TECO Energy Inc Declares Quarterly Dividend
TECO Energy Inc announced that it has declared a quarterly dividend of 22 cents per share, or 88 cents per share on an annual basis. The dividend is payable February 28 to shareholders of record as of February 15. Full Article
TECO Energy Inc Issues FY 2013 EPS Guidance Below Analysts' Estimates
TECO Energy Inc announced that for fiscal 2013, it expects earnings per share (EPS) in a range between $0.90 and $1.00, excluding any unusual charges and gains. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $1.14 for fiscal 2013. Full Article
TECO Energy Inc Reaffirms FY 2012 EPS Guidance-Conference Call
TECO Energy Inc reaffirmed fiscal 2012 earnings per share (EPS) guidance and expects EPS in the range of $1.10 to $1.20. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $1.18 for fiscal 2012. Full Article
TECO Energy Inc Announces Management Change-Form 8-K
TECO Energy Inc reported in its Form 8-K that on October 31, 2012, the Board of Directors of TECO Energy, Inc. (Corporation) and its principal subsidiary, Tampa Electric Company, designated Sherrill W. Hudson to serve as non-executive Chairman of the Board of Directors, effective December 31, 2012, the last day of his term as Executive Chairman of the Board. Full Article
UPDATE 2-Teco Energy widens customer base with $750 mln gas utility buy
May 28 - Teco Energy Inc said it would acquire New Mexico Gas Co from utility holding company Continental Energy Systems LLC for about $750 million to increase its customer base by 50 percent.

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