Wednesday, April 7, 2010 as of 11:14 AM ET
Consolidated Edison, Inc. (), colloquially referred to as Con Edison or Con Ed, is one of the largest investor-owned energy companies in the United States, with approximately $13 billion in annual revenues and $40 billion in assets.
Read More at Wikipedia ›The S&P 500 lost 0.
9% while the Utilities sector (XLU) showed little movement during trading today.The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, XLU was up 2.2% over the last thirty trading days. The S&P 500, in comparison, went up -5.8%.Centrais Eletricas Brasileiras (NYSE:EBR) was a major loser in the sector. Its price dropped 9.7% (-76 cents) to close at $7.07, as 1.7 million shares moved. The stock traded in a range of $6.94 to $7.37.Cadiz (NASDAQ:CDZI) was a major gainer in the sector, rising 5.3% (+41 cents) to close at $8.21 with 40,975 shares moving. The stock traded in a range of $7.70 to $8.63. Over the last three months, the stock has lost $1.79 (-17.9%) from a price of $10 on February 22, 2012.Korea Electric Power Corporation (NYSE:KEP) fell 3.8% to close at $9.53, crossing its 50-day moving average of $9.78. Meanwhile, Consolidated Edison (NYSE:ED) climbed 0.2% to close at $58.67, moving p...
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