Utilities

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Tornado, heavy rains leave U.S. mid-Atlantic battered

June 2 - High winds, heavy rains and at least one tornado damaged homes, businesses, and boats across the mid-Atlantic region, causing at least one serious injury but no deaths, officials said on Saturday.

UPDATE 1-Japan to ask SEC to join insider trading crackdown -sources

TOKYO, June 2 - Japan's securities regulator plans to ask the U.S. Securities and Exchange Commission (SEC) to cooperate in a widening probe of insider trading in Japanese shares, two sources with knowledge of the situation said on Saturday.

Sipchem affiliate in 1.4 bln riyals loan for project

KHOBAR, Saudi Arabia, June 2 - Saudi International Petrochemical Co. said on Saturday its polymers affiliate has signed a 1.4 billion Saudi riyal ($373.3 million) loan agreement to finance the construction of a petrochemical project in Saudi Arabia.

Japan to ask SEC to join insider trading crackdown -sources

TOKYO, June 2 - Japan's securities regulator plans to ask the U.S. Securities and Exchange Commission (SEC) to cooperate in a widening probe of insider trading in Japanese shares, two sources with knowledge of the situation said on Saturday.

Financials, 1:59am EDT

Japan electricity demand rises 0.2 pct y/y in May

TOKYO, June 2 - Japan's power demand rose 0.2 percent in May from a year earlier, a Reuters calculation based on industry data showed on Saturday. That marked the fourth straight month of year-on-year rises. The nation's power demand rose for the first time in February since a massive earthquake and tsunami in March 2011 disrupted supply chains and took a hit on the economy. Following is the breakdown of last month's power demand in regions served by the nine major utilities

Energy, 01 Jun 2012
Utilities
Southern Co $45.95 +0.09%
Exelon Corp $36.70 -0.76%
Duke Energy Corp $22.35 +1.68%

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