Account
Evidence of the short-lived plunges in shares of American Electric Power Co. Inc. (AEP) and NextEra Energy Inc. (NEE) were wiped off the tape, but not from investors' portfolios.Late on Thursday, the New York Stock Exchange published the official daily high and low prices for the two stocks. For American Electric Power, Thursday's intraday low is $46.07. For NextEra Energy, it is $76.50.But those prices don't reflect sharp drops sustained by both stocks in the first minute of trading. American Electric Power fell by more than 50% to $22.28 before bouncing back, while NextEra dropped by more than 60% to $35.50.NYSE said it investigated trades in both utility companies that took place between 9:30 a.m. and 9:31 a.m. EDT, and ultimately cancelled none.American Electric Power's shares closed down 31 cents, or 0.6%, to $48.28. NextEra ended lower by 94 cents, or 1.2%, to $78.22.Instead, the exchange said all trades in American Electric Power at or below $46.03, and in NextEra Energy at or b...
American Electric Power Co. (AEP) agreed to significantly reduce sulfur-dioxide emissions from Midwest coal-fired power plants and pay an additional $8.5 million in ...
American Electric Power Co.'s (AEP) fourth-quarter profit sank 93% as the company posted sizeable charges related to restructuring and Ohio plant write-downs.The com...
Nick Akins, AEP chief executive, weighs in on EPA regulations, the rush to natural gas and fuel diversity in the energy industry.
American Electric Power CEO and President Nick Akins how the company is investing and how new energy-efficient technology is impacting consumer demand.
American Electric Power Co. Inc. (AEP) said Wednesday that its Kentucky utility plans to shut down part of a coal-fired power plant there rather than install polluti...
American Electric Power CEO Nick Akins and PNM Resources CEO Patricia Vincent-Collawn on the impact on utility companies of potential hikes to the dividend tax rate.
High-grade companies are on track to sell more bonds in November than in any other month of 2012, as jumbo-size deals from two rare issuers--Chevron Corp. (CVX) and ...
High-grade companies are on track to sell more bonds in November than in any other month of 2012, as jumbo-size deals from two rare issuers--Chevron Corp. (CVX) and ...
Defend My Dividend campaign's Nick Akins explains
American Electric Power CEO Nick Akins on how corporate America can regulate itself.
FreedomWorks Senior Fellow Tom Borelli on the impact of government regulations on the coal industry.
A federal appeals court Tuesday vacated the Environmental Protection Agency's latest rule limiting soot and smog-forming air pollution that crosses state lines.The U...
Within seconds of the opening bell Thursday, shares of American Electric Power Co. (AEP) collapsed 54%, trading as low as $22.28 after opening the day at $48.18. Mom...
All trades in American Electric Power Inc and NextEra Energy Inc in a crash that happened in the first minute of trading on Thursday will stand, the New York Stock E...
The New York Stock Exchange ruled to let stand all trades in American Electric Power Co. Inc. (AEP) and NextEra Energy Inc. (NEE), but said prices for certain "aberr...
The U.S. Supreme Court ruled Monday that utility companies that paid a windfall tax in the United Kingdom can claim a foreign tax credit on their U.S. tax returns.Th...
American Electric Power Co.'s earnings dropped to $363 million, or $0.75 per share, down from $389 million, or $0.80 per share, in the same quarter a year ago. Total...
American Electric Power Co.'s (AEP) first-quarter income fell 6.7% as the utility's results were dragged down by a change in Virginia law and restructuring charges.A...
Chris Stirewalt weighs in
