TECO Energy Inc (TE.N) Key Developments | Reuters.com
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TECO Energy Inc (TE.N)

TE.N on New York Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

TECO Energy Inc declares quarterly dividend
Wednesday, 29 Apr 2015 09:04am EDT 

TECO Energy Inc:Declared a dividend of 22.5 cents per share on the company's common stock.The dividend is payable May 28 to shareholders of record as of May 13.  Full Article

TECO Energy Inc reaffirms FY 2015 outlook
Tuesday, 28 Apr 2015 04:15pm EDT 

TECO Energy Inc:Maintains FY 2015 earnings-per-share guidance in a range between $1.08 and $1.11.FY 2015 EPS of $1.11 - Thomson Reuters I/B/E/S.  Full Article

TECO Energy Inc gives FY 2015 EPS outlook below analysts' estimates
Monday, 9 Feb 2015 07:00am EST 

TECO Energy Inc:Expects FY 2015 earnings from continuing operations, excluding charges or gains, in a range between $1.08 and $1.11.FY 2015 EPS of $1.12 - Thomson Reuters I/B/E/S.  Full Article

TECO Energy enters into second amendment of agreement to sell TECO Coal
Thursday, 5 Feb 2015 04:15pm EST 

TECO Energy:Enters into a second amendment of its agreement with Cambrian Coal Corporation, a member of the Booth Energy group, to modify the terms of the Securities Purchase Agreement (SPA) dated as of Oct. 17, 2014, related to the sale of TECO Coal.Under this second amendment, the total sales price of $140 mln includes future contingent consideration of $60 mln if certain coal benchmark prices reach certain levels over the next five years.$80 million cash base purchase price is subject to post-closing adjustments.The SPA remains subject to the buyer obtaining financing and can be terminated by either party if the specified closing conditions are not met by March 13, 2015.  Full Article

TECO Energy Inc raises dividend
Wednesday, 4 Feb 2015 09:49am EST 

TECO Energy Inc:Declares a quarterly dividend of 22.5 cents per share, or 90 cents per share on an annual basis - an increase of 2.3 pct.Payable March 2 to shareholders of record as of Feb. 13.  Full Article

TECO Energy amends and extends agreement to sell TECO Coal
Wednesday, 24 Dec 2014 08:30am EST 

TECO Energy:Enters into an agreement with Cambrian Coal Corporation to modify the terms of the Securities Purchase Agreement (SPA) dated as of Oct. 17, related to the sale of TECO Coal.Under this amendment, the SPA is subject to termination by either party if the specified closing conditions are not met by Feb. 20, 2015, rather than Dec. 31, as originally specified.  Full Article

TECO Energy updates FY 2014 EPS guidance
Friday, 31 Oct 2014 07:30am EDT 

TECO Energy:Now expects FY 2014 to deliver earnings from continuing operations, excluding non-GAAP charges or gains, in a range between $1.00 and $1.05.FY 2014 EPS of $1.03 - Thomson Reuters I/B/E/S.  Full Article

TECO Energy Inc declares quarterly dividend
Tuesday, 28 Oct 2014 03:16pm EDT 

TECO Energy Inc:Declares dividend of 22 cents per share on company's common stock.Payable Nov. 28 to shareholders of record as of Nov. 13.  Full Article

TECO Energy announces agreement to sell its TECO Coal Subsidiary
Monday, 20 Oct 2014 08:30am EDT 

TECO Energy Inc:Signs an agreement to sell its coal mining subsidiary, TECO Coal and its subsidiaries, to Cambrian Coal Corporation, member of the Booth Energy Group.The total sales price of $170 mln includes future contingent consideration of $50 mln if certain coal benchmark prices reach certain levels over the next five years.The $120 mln cash base purchase price is subject to post-closing adjustments.Sale is expected to close by year end, subject to the purchasers obtaining financing, and other normal closing conditions.TECO Energy expects to use sale proceeds to repay debt and for general corporate purposes.  Full Article

TECO Energy Inc closes acquisition of New Mexico Gas Co.
Wednesday, 3 Sep 2014 08:00am EDT 

TECO Energy Inc:Closed on its $950 million acquisition of Albuquerque-based New Mexico Gas Intermediate (NMGI), the parent company of New Mexico Gas Co. (NMGC).  Full Article

BRIEF-Emera acquisition of Teco Energy approved by New Mexico Public Regulation Commission

* Emera acquisition of Teco Energy approved by New Mexico Public Regulation Commission