Allete, Inc. (ALE)
30.82USD
9 Feb 2010
$0.06 (+0.20%)
$30.82
--
$31.10
$30.73
155,889
197,531
$35.29
$23.35
ALE
About
Overall
| Beta: | 0.70 |
| Market Cap (Mil.): | $1,075.36 |
| Shares Outstanding (Mil.): | 34.89 |
| Annual Dividend: | 1.76 |
| Yield (%): | 5.71 |
Financials
| ALE | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 14.66 | 1.80 | 2.02 |
| EPS (TTM): | -25.15 | -- | -- |
| ROI: | 3.45 | 0.89 | 0.96 |
| ROE: | 7.72 | -4.14 | -2.76 |
US utilities post Q2 profits; cautious about recovery
(Reuters) - Utilities El Paso Electric Co , Allete Inc and Avista Corp reported strong second-quarter profits as lower costs helped offset the decline in electricity demand, but the companies remained guarded about their outlook for the remainder of 2009.
WRAPUP 1-US utilities post Q2 profits; cautious about recovery
* El Paso, PG&E, Avista shares down, Allete trading up
U.S. power use tumbling with recession
NEW YORK/HOUSTON (Reuters) - U.S. electricity demand will continue to shrink in 2009 as the economic meltdown hits industrial power consumption, but a rebound could come in 2010.
U.S. power use tumbling with recession
NEW YORK/HOUSTON (Reuters) - U.S. electricity demand will continue to shrink in 2009 as the economic meltdown hits industrial power consumption, but a rebound could come in 2010.
UPDATE 1-Delphi Financial sees strong 2009 profit, shares up
Feb 12 (Reuters) - Employee-insurance provider Delphi Financial Group Inc forecast 2009 operating earnings above analysts' estimates, sending shares up as much as 15 percent.
TEXT-S&P revises ALLETE outlook to negative
(The following statement was released by the rating agency)
Allete to buy power line to add wind, cut coal
NEW YORK (Reuters) - Allete Inc's Minnesota Power subsidiary agreed to buy a power transmission line from Square Butte Electric Co-op for about $80 million which will transport wind energy from the plains of North Dakota to Minnesota, the company said in a release Monday.
TEXT-Moody's release on Allete Inc
(The following statement was released by the rating agency)
Competitors
| Price | Change | |
|---|---|---|
| United Utilities Group PLC (UU.L) | £532.00 | +3.50 |
| PPL Corporation (PPL.N) | $28.97 | +0.24 |
| Xcel Energy Inc. (XEL.N) | $20.20 | +0.16 |
| Mirant Corporation (MIR.N) | $13.14 | +0.03 |
| Wisconsin Energy Corporation (WEC.N) | $47.70 | -0.01 |
| Alliant Energy Corporation (LNT.N) | $30.79 | +0.17 |
| Pinnacle West Capital Corporation (PNW.N) | $35.16 | +0.39 |
| IDACORP, Inc. (IDA.N) | $31.39 | +0.35 |
| MGE Energy, Inc. (MGEE.OQ) | $32.44 | +0.27 |
Earnings vs 
Estimates
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