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United States

American Electric Power Company Inc (AEP)

AEP on New York Consolidated

69.42USD
29 Jul 2016
Change (% chg)

$0.50 (+0.73%)
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Thu, Jul 28 2016

BRIEF-American Electric Power Q2 GAAP earnings per share $1.02

* AEP reports strong 2016 second-quarter gaap and operating earnings

BRIEF-American Electric Power restructures two existing $1.75 bln credit agreements

* On June 30, restructured two existing $1.75 billion credit agreements to consist of 5-year $3 billion facility and 2-year $500 million facility

BRIEF-American Electric Power says reaffirming 2016 earnings forecast of $3.60-$3.80 per share

* AEP is reaffirming its 2016 earnings guidance range of $3.60 to $3.80 per share

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