Dynegy to Sell Witness Utility to Exelon for 425 Million
Dynegy Inc will sell its Witness utility to Chicago based Exelon Corp for 425 million in cash. The deal requires regulatory and Illinois legislative approvals and would close in Q4 next year. Exelon would gain Illinois Power assets and add about 650000 customers in Illinois while Dynegy reduces debt by 1.8 billion.
MENTIONED IN THIS ARTICLE
Dynegy Inc
Exelon Corp
Dynegy
Atlon
John Olson
Sanders Morris Harris
Ilinois Power
Illinois General Assembly
Illinois Commerce Commission
Exelon
John W Rowe
Tinois
Pen
Stocks rise on solid earnings and manufacturing data
Wall Street gains lift the composite indices as ISM manufacturing climbs to 57 and construction spending hits a record September. Dow ends at 9858.46 and Nasdaq at 1967.70 with gains led by Charter Communications and Kellogg amid mixed investor sentiment.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Alfred E. Goldman
A.G. Edwards & Sons Inc
St. Louis
Goldman
Dow
Standard & Poor
S&p
Institute of Supply Management
Ned Riley
State Street Global Advisors
Riley
Charter Communications Inc
Charter
Kellogg Co
Ea Dow Jones
Atsis NY
Johrdn
Kroger
Lyondell Ny
GmbiCps
Pileks
Bkot
Sherwell
PSI Tech
BeliSout
Merck Ky
Nash
GanyonRes
VirgaNet
Boeing A
MorgStan
CenFet Ag
AdyMrkta
Charmitex NY
Oracle
Nesd
Nemispx
Te Penney
Palatine
CanogPil NY
Sueicourt
Neasd
BEHO
Pepineae
Aoayfledbeck
AcoGents
Daia Stam Amex
Refanths
Analex N
FAO Incs
Detling Nash ” BE
RoyiDut NY
Ad lemaGold
Dial
DuPont
Sears
GakPac
GoldStrg
Dukagy
GenEle
Intel
Gma
VerizonCen NY
WalMart NY
Seiis Amnex
Welgma H
Tie Bee
Dow Industrials
Dow Transportation
Aiba Nyse
Russel
Smins Hav
Aimeniter Fonds Ac
Neoa P MP
Nexg
Grigerdis
Ren Hav
Ners
Penney opens first free standing store near Dallas
Cedar Hill Texas sees a freestanding J C Penney store opening outside a mall with a single story mall like layout. Store manager Bob White notes customers praise space and easy shopping while planners compared nearby Kohl’s and a Wal Mart Supercenter across the highway. Heather Scott, among first customers, buys baby clothes.
MENTIONED IN THIS ARTICLE
Dallas
Penney
Cedar Hill
Texas
Heather Scott
Kohl's Department
Penney’s
Kohls
Keit's
Scott
Kohl’s
Bob White
White
J.C. Penney Co
Wal- Mart
Crude futures slip after Friday gains fade in New York
Oil futures fell in New York as short covering sparked a brief rise but bearish fundamentals dominated. Analysts cited continued Iraq instability and a potential OPEC cut as bullish signals, while Russia argued prices are too high. Market waits on weekly U.S. inventory data.
MENTIONED IN THIS ARTICLE
New York
Tim Evans
FR Pegasus
London
International Petroleum Exchanges
Evans
Iraq
Qatar
Organization of Petroleum Exporting Countries
Ali Naim
OPEC
Igor Yusufov
Russia
Scott Meyers
Pioneer Futures Inc
U.S
Also Mentioned on This Page
By Kristen Hays
Associated Press
Cliff McCleskey
Schilling Baytown
Old West Annuity & Life Ins. Co
Boise
TDMAX
Ciwal Tomx
Sbrinkley
Commerce Department
NYSE
Mel Nudelman
New York City
Margaret Okayo
Martin Lel
New York Stock Exchange
Robert Zito
Allan Steinfeld
Okayo
Ewald Kist
ING Group N.V
The
Naris Lest
Chg
MediaArt
Satyam
MamTais
Kooe
Lucent
Motorola
Investment Professionals, Inc
Thayne Willams
Mas Pan Ae Ht Bo
Cadella
Steaphan V. Takach
Alexander Dn
Fgardones
Edward Jones
Jennifer Marcontell
Dewker Dr
Rollingbrook
Galnet