Welcome!

News Feed Item

Utilities Stocks Pre-Market Notes -- Research on DTE Energy, SCANA, CenterPoint Energy, and Consolidated Edison

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 28, 2014 /PRNewswire/ --

On Thursday, March 27, 2014, the NASDAQ Composite finished at 4,151.23, down 0.54%, the Dow Jones Industrial Average edged 0.03% lower to end the session at 16,264.23, and the S&P 500 closed at 1,849.04, down 0.19%. The losses were broad based with seven out of ten sectors ending the session in negative. During the session, Information Technology, Financials, and Consumer Discretionary sectors exerted a drag, while some positive momentum was observed in the Telecommunication Services, Energy, and Utilities sectors. The S&P 500 Utilities Sector Index finished the day at 208.11, up 0.78%, and the same has gained 2.49% in the last one month. Investor-Edge has initiated coverage on the following equities: DTE Energy Co. (NYSE: DTE), SCANA Corp. (NYSE: SCG), CenterPoint Energy Inc. (NYSE: CNP) and Consolidated Edison Inc. (NYSE: ED). Free technical research on DTE, SCG, CNP and ED can be downloaded upon signing up at:

http://www.investor-edge.com/551-register


On Thursday, shares in DTE Energy Co. recorded a trading volume of 0.89 million shares, as compared with a three months average volume of 1.15 million shares. The stock ended the day at $72.92, up 0.89% and at an intraday range of $71.87 and $72.96. The stock traded at a PE ratio of 18.00. DTE Energy Co.'s shares have gained 1.36% in the previous three trading sessions, 2.36% in the last one month and 9.84% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages of $69.53 and $67.99, respectively. Further, the stock is trading at a Relative Strength Index (RSI) of 61.87. Sign up today to read free research on DTE at:

http://www.investor-edge.com/551-DTE-28Mar2014.pdf


SCANA Corp.'s shares recorded a trading volume of 0.53 million shares, as compared with a three months average volume of 0.77 million shares. The stock ended the day at $50.53, up 0.90% and recorded an intraday range of $49.93 and $50.57. Shares of the company traded at a PE ratio of 14.95. SCANA Corp.'s shares have gained 0.94% in the previous three trading sessions, 2.75% in the last one month and 7.67% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $48.27 and $48.06, respectively. Furthermore, the stock is trading at an RSI of 58.42. Sign up today to read free research on SCG at:

http://www.investor-edge.com/551-SCG-28Mar2014.pdf


Shares in CenterPoint Energy Inc. gained 0.47% on Thursday, finishing the day at $23.39. A total of 6.38 million shares were traded, which is above the three months average volume of 4.12 million. The company's shares oscillated between $23.16 and $23.47 during the session. Shares of the company traded at a PE ratio of 19.60. CenterPoint Energy Inc.'s shares have declined 0.64% in the previous three trading sessions and 0.72% in the last one month, while the shares have advanced 0.91% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $23.57 and $23.75, respectively. Additionally, the stock is trading at an RSI of 42.47. Sign up today to read free research on CNP at:

http://www.investor-edge.com/551-CNP-28Mar2014.pdf


Consolidated Edison Inc.'s stock edged 0.90% higher on Thursday, closing the day at $53.63. The stock recorded trading volume of 2.12 million shares as compared to a three months average volume of 2.41 million shares. The stock fluctuated between $53.01 and $53.65 during the trading session. The stock traded at a PE ratio of 14.35. Consolidated Edison Inc.'s shares have advanced 1.82% in the previous three trading sessions, while the same has declined 3.49% in the last one month and 2.98% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $54.34 and $56.20, respectively. Moreover, the stock is trading at an RSI of 41.08. Sign up today to read free research on ED at:

http://www.investor-edge.com/551-ED-28Mar2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge 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.

NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


Investor-Edge.com

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...