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Wednesday, April 7, 2010 as of 11:14 AM ET

DTE Energy

DTE Energy Co. () is a Detroit, Michigan-based utility incorporated in 1995 involved in the development and management of energy-related businesses and services nationwide.

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DTE Energy Profit Rises 12%

NEW YORK -- DTE Energy Co.

said Friday its third-quarter net income increased to $183 million, or $1.07 a share, from $163 million, or 96 cents a share, in the year-ago period. The Detroit power producer's revenue increased to $2.27 billion from $2.14 billion. Operating earnings totaled $1.07 a share. DTE Energy said it expects 2011 operating earnings of $3.50 to $3.70 per a share, compared to its earlier target of $3.40 to $3.70 a share. Wall Street analysts expected earnings of $1 a share and revenue of $2.1 billion, according to a survey by FactSet Research. Looking ahead, analysts expect 2011 earnings of $3.60 a share.Copyright © 2011 MarketWatch, Inc....

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  1. DTE Energy CEO on Reducing Carbon Emissions

    National Economic Summit: Nuclear Energy President and CEO Marvin Fertel and DTE Energy Chairman and CEO Anthony Earley Jr. on why the reduction in carbon emissions should be phased in so consumers don't get sticker shock.

  1. How Big Business Influences The Super Committee Members

    “All politics is local”–Thomas Phillip “Tip” O’Neill, Jr., Speaker of the House, 1977 to 1987Twelve members of Congress have been tasked with producing legislation t...

  2. Would You Live in Detroit..If You Were Paid To?

    DTE Energy Sr. Vice President Paul Hillegonds on paying employees to live in the inner-city of Detroit.

  3. As copper soars, thieves extract a price

    By Paula RogoNEW YORK (Reuters) - When thieves ransacked eight air conditioners in an apartment complex in the city of Mobile, Alabama, the culprits made off with $8...

  4. DTE Energy Names Chief Operating Officer Gerard M. Anderson CEO

    DTE Energy (NYSE:DTE) said Friday its current chief operating officer, Gerard M. Anderson, will take the reigns of chief executive from long-time mentor Anthony F. E...

  5. Freightcar America to Buy DTE Energy's Railroad Unit for $23.2M

    Chicago-based Freightcar America ( NASDAQ :RAIL) said Wednesday it will acquire the business assets of DTE Energy ’s (NYSE:DTE) railroad subsidiary for $23.2 million...

  6. DTE Energy Reports Lower 4Q Profit, Sales

    DTE Energy Co. (DTE) reported sales that missed expectations, while earnings per share were in-line with the Street’s view.The Michigan-based energy company said it ...

  7. Nuclear Energy CEO on Energy Demand

    National Economic Summit: Nuclear Energy President and CEO Marvin Fertel and DTE Energy Chairman and CEO Anthony Earley Jr. on the importance of upgrading our power supply and grid to meet the demand.

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