Izzo added: "Putting a price on carbon is the single most important step needed to encourage more investment in energy efficiency, wind, solar and nuclear rather than oil and gas." He called for the federal government to build on the action of northeastern states saying, "We will continue to push aggressively for a nationwide cap-and-trade system to reduce greenhouse gas emissions across the board."
I think a Yahoo thing -- I checked several low-trading stocks and saw similar ? spikes.
As for my report -- big buys again for PEG and EXC at market close (a bit later than usual - also EXC had a significantly better day - odd since they tend to move together):
26.31 228400 NYE 16:07:29 PEG
51.88 324000 NYE 16:08:58 EXC
Not sure about this -
26.31 483000 NDD 16:24:25 (Institutional?) PEG
Another 400K buy for PEG and 500K buy for EXC on the NYE on/around 4:02 for closing price.
In the event my theory is correct - current shares will be reduced by some 20 million.
What this means is the dividend can be increased 5 cents a share just based on the buyback.
Didn't check until this morning so I don't have the time of the trade but even with the jump, it looks like buy back continues for both:
29.27 318400 NYE 10/13 (PEG)
55.53 456000 NYE 10/13 (EXC)
Three or four more days like yesterday and we'll be back where we belong. I am watching PEGJG going into options expiration - long shot there would be any interest but, if there is, with earnings in a few weeks we could see the 40 sooner than my original prediction.