Utilities - Natural Gas
Laclede Group Inc Announces Proposed Offering of Common Stock
Laclede Group Inc announced that it plans to commence a registered underwritten public offering of up to 8,700,000 shares of its common stock. In addition, the Company expects to grant the underwriters an option for a period of 30 days to purchase up to 1,305,000 additional shares of the Company's common stock. The Company intends to use the net proceeds from this offering to fund a portion of the cash consideration payable in connection with the pending acquisition of Missouri Gas Energy, a division of Southern Union and for general corporate purposes. Wells Fargo Securities, BofA Merrill Lynch, J.P. Morgan and Morgan Stanley are acting as book-running managers of the offering.
Rosneftegaz OAO Sells Stake in Tambovoblgaz OAO-SKRIN
SKRIN reported that on April 23, 2013 Rosneftegaz OAO disposed of a 25.50% stake in Tambovoblgaz OAO and is no longer a shareholder of the Company.
Just Energy Group Inc Reaffirms FY 2014 EBITDA Guidance
Just Energy Group Inc announced that for fiscal 2014, it expects base EBITDA of $220 million. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $241 million for fiscal 2014.
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| DOW | 15,335.28 | -0.12% | |
| S&P 500 | 1,666.29 | -0.07% | |
| NASDAQ | 3,496.43 | -0.07% | |
| TR US Index | 151.23 | -0.05% |
Analyst Research
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$125.00
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Provider: Wright Reports
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$35.00
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