NEW YORK, February 25, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including CenterPoint (NYSE: CNP), Cleco (NYSE: CNL), COPEL (NYSE: ELP), CPFL Energia (NYSE: CPL), and Edison (NYSE: EIX). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
CNP Research Report: ( http://get.analystsreview.com/pdf/?c=CenterPoint&d=25-Feb-2015&s=CNP ),
CNL Research Report: ( http://get.analystsreview.com/pdf/?c=Cleco&d=25-Feb-2015&s=CNL ),
ELP Research Report: ( http://get.analystsreview.com/pdf/?c=COPEL&d=25-Feb-2015&s=ELP ),
CPL Research Report: ( http://get.analystsreview.com/pdf/?c=CPFL%20Energia&d=25-Feb-2015&s=CPL ),
EIX Research Report: ( http://get.analystsreview.com/pdf/?c=Edison&d=25-Feb-2015&s=EIX ).
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Analyst Update: Appointments, Recommendations, Performance Updates, and Filing of Notice
Reviewed by: Rohit Tuli, CFA®
US stocks rose to record levels on Tuesday after Federal Reserve Chair Janet Yellen suggested that the central bank is not likely to begin raising interest rates for at least the next couple monetary policy meetings; and intends a rate hike only when they are "reasonably confident" that annual inflation is moving back toward their 2 percent target. The S&P 500 gained 5.82 points, or 0.28%, to end at 2,115.48, and the Dow Jones Industrial Average edged up 92.35 points or 0.51% to 18,209.19. The tech-heavy NASDAQ advanced for the tenth straight session, up 7.15 points or 0.14% to close at 4,968.12. Meanwhile, most of Europe's benchmark stock indices closed higher on Tuesday, following reports that Eurozone finance ministers, the European Commission, the European Central Bank and the International Monetary Fund have approved Greece's request for an extended €240 billion ($273 billion) bailout. Germany's DAX 30 rose 0.67% to 11,205.74, while, FTSE 100 gained 0.54% to 6,949.63. France's CAC 40 gained 0.50% to 4,886.44.
CenterPoint Energy, Inc.'s (CenterPoint) Board of Directors has approved the appointment of William (Bill) D. Rogers as its Executive Vice President of finance and accounting, effective February 9, 2015. Mr. Rogers will succeed Gary L. Whitlock as Executive Vice President and CFO effective March 3, 2015.
Cleco Corporation (Cleco) announced that Glass Lewis, a leading proxy voting and corporate governance advisory firm, has recommended Cleco shareholders vote "FOR" the proposed transaction with a North American investor group led by Macquarie Infrastructure and Real Assets and by British Columbia Investment Management Corporation together with John Hancock Financial and other infrastructure investors (investor group).
Companhia Paranaense de Energia (COPEL) has released a report analyzing the performance of the Company electricity market between January and December 2014. As per the report, electricity sales to its subsidiary Copel Distribuição's captive market was 24,208 GWh in 2014, up 5.6% YoY, driven by increase in average consumption and in the customer base in the period.
The largest private integrated utility Company in Brazil, CPFL Energia S.A. (CPFL), has appointed Citi, acting through Citibank N.A., as the successor depositary bank for its American Depositary Receipt ("ADR") program.
Southern California Edison - an Edison International (Edison) company, has submitted a notice to the California Public Utilities Commission (CPUC) regarding a conversation with a CPUC commissioner held in March 2013.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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