News: Oesterreichische Elektrizitaetswirtschafts AG (VERB.VI)
29.04EUR
11:33am EST
€-0.72 (-2.42%)
€29.76
€29.86
€29.88
€29.04
311,096
162,852
€38.85
€23.00
Mon, Dec 7 2009
UPDATE 1-Gama unit sees IPO funding energy investment, buys
* Gama Holding plans $4 bln energy investment over 5 years
UPDATE 2-Austria's OMV drops Petrol Ofisi takeover plan
* Has previously warned row with authorities delaying deal
E.ON, International Power see pickup
FRANKFURT/LONDON (Reuters) - E.ON , the world's largest utility, and power-station owner International Power forecast a tentative pickup in demand for power as economies start to recover from the global downturn.
WRAPUP 2-E.ON, International Power see recovery signs
* Scottish & Southern sees no UK demand recovery in 2010
UPDATE 2-Edison CEO sees ongoing sluggish demand
MILAN, Oct 30 (Reuters) - Edison expects sluggish power and gas demand to carry on into 2010 as the economic crisis continues to take its toll, weighing on growth and margins, Chief Executive Umberto Quadrino said on Friday.
Enel says no decision yet on Turkish partnership
ISTANBUL, Oct 30 (Reuters) - Enel has held preliminary talks with Turkey-based Dekar Enerji over a geothermal power partnership but no decision has been reached, the Italian utility said on Friday.
German power capacity seen up 9.3 pct to Nov 6
FRANKFURT, Oct 30 (Reuters) - German power plant capacity reported by 26 utility companies to power exchange EEX was likely to rise by 9.3 percent to 67,995 megawatts in the seven days to Nov. 6, data from EEX showed on Friday.
WRAPUP 2-Europe utilities results mixed; Vestas shines
* Enagas results inline; Snam profit seen up; Vestas bullish
STOCKS NEWS EUROPE-Verbund falls after weak Q3
Austrian utility Verbund falls as much as 7 percent after it reports third-quarter earnings that miss expectations and cuts it full-year outlook.
UPDATE 1-Verbund Q3 EBIT 269 mln eur, cuts outlook
VIENNA, Oct 27 (Reuters) - Austria's biggest utility, Verbund cut its full-year forecast on Tuesday after reporting a 16 percent fall in third-quarter operating profit as lower spot prices hurt earnings.





