Fox Business - The Power to Prosper
Search Site

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

FPL Group

NextEra Energy Resources is a wholesale electricity supplier based in Juno Beach, Florida. It is a subsidiary of NextEra Energy, Inc.

Read More at Wikipedia
Companies Pour Into High-Grade Corporate Bond Market

It didn't take much to turn the issuance tap back on.

With risk-sentiment improving overnight and borrowing costs still at record lows, companies seeking to issue bonds were making up for lost time after a mostly quiet Wednesday.Six high-grade companies sold $8.2 billion of new bonds Thursday, led by two $3 billion issues from biopharmaceutical company Amgen Inc. (AMGN), and Asia's largest refiner by capacity, China Petrochemical Corp. (SNP), better known as Sinopec Group.Media group Discovery Communications Inc. (DISCA) borrowed $1 billion, spirits producer Beam Inc. (BEAM) priced $600 million, Bank of New York Mellon Corp. (BK) had a $500 million deal and NextEra Energy Inc. (NEE) unit Florida Power & Light issued $600 million.According to Dealogic, $12.2 billion was sold in the first three days of this week, placing the week's tally just beyond the $20 billion mark. Last week, $25.55 billion was sold in what was the fourth-busiest week of the year.Borrowers were all enticed by the s...

Read More

  1. Is Cap & Trade Legislation Dead?

    Peak6 Investments’ Jud Pyle on the companies that will benefit and be hurt by an end to cap and trade legislation.

  2. $11B in Renewable Energy

    Florida Power & Light CEO Lewis Hay on his push to get America running green.

  3. Future of Renewable Energy

    Wind, solar and water: We break down what will green-power will keep America going

  4. Red Ink Watch: Energy Efficiency Solutions

    Fortune's Adam Lashinsky weighs in on smart grids as an energy alternative.

  5. Green Tech Success

    Silver Spring Networks CEO on smart grids.

  6. Billionaire Buying Banks

    Ross buying in Florida

  7. Stock by Stock

    Market panel

  1. NextEra Energy 1Q Profit Soars 72%

    DOW JONES NEWSWIRESNextEra Energy Inc.'s (NEE) first-quarter earnings surged 72% as the company's growth projects helped boost revenue.The company, which owns Florid...

  2. NRC Fines NextEra Unit $140,000 For Turkey Point Violation

    U.S. regulators Tuesday fined NextEra Energy, Inc. (NEE) $140,000 for a violation at the utility's Turkey Point nuclear power plant near Miami, Fla.The Nuclear Regul...

  3. NextEra: Hay To Retire As CEO July 1, Robo To Succeed

    DOW JONES NEWSWIRESNextEra Energy Inc. (NEE) said Lewis Hay III will retire from the chief executive post effective July 1 and will be succeeded by Chief Operating O...

  4. NextEra Energy Profit Doubles, Focus Shifts To Utilities

    NextEra Energy Inc.'s (NEE) fourth-quarter earnings more than doubled from a year ago, but the company said full-year results missed expectations and it would focus ...

  5. NextEra Energy 4Q Net Doubles On Strong Revenue, Margins

    DOW JONES NEWSWIRESNextEra Energy Inc.'s (NEE) fourth-quarter earnings more than doubled as the renewable energy provider's margins rose sharply on better-than-expec...

  6. Frugal Ways to Save at Least $100 a Month

    Frugal ways to save at least $100 a monthImagine spending just $20 a year -- or less -- for yearly telephone service. Or, perhaps you'd be interested in shaving 15% ...

  7. BP Oil Spill a Boost for Renewable Energy?

    Sunpower CEO Tom Werner on how the oil spill will impact alternative energies such as solar.

Freebase CC-BY
Source: FPL Group on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL