|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||58.91 - 59.79|
|52 Week Range||55.93 - 66.15|
|PE Ratio (TTM)||19.04|
|Forward Dividend & Yield||2.02 (3.42%)|
|1y Target Est||N/A|
Connecticut Water (CTWS) rejects the acquisition bid from Eversource Energy and remains committed to the earlier offer made by SJW Group.
Connecticut Water Service Inc said on Thursday it had rejected a $748 million takeover bid by Eversource Energy, New England's largest power utility, aimed at disrupting its merger with SJW Group agreed in March. Eversource's offer, first reported by Reuters earlier on Thursday, came as utilities are turning to mergers and acquisitions to lower costs and help fund investment to upgrade aging infrastructure. Eversource made the offer of $63.50 per share in cash and stock on April 5, it said in a statement.
Eversource Energy, New England's largest power utility, has made a $748 million offer to acquire Connecticut Water Service Inc, seeking to disrupt a merger the latter agreed last month with SJW Group, a person familiar with the matter said on Thursday. Eversource has offered to pay $63.50 per share in cash and stock for Connecticut Water Service, the source said, asking not to be identified ahead of any official announcement. Connecticut Water Service' all-stock deal with SJW in March valued it at $61.86 per share.
Eversource Energy, owner of utilities in Massachusetts, Connecticut and New Hampshire, said it has notified customers who may have been affected by a cyberattack last week on Energy Services Group LLC, ...
Beginning this year, Dunkin' and other publicly traded companies are required by law to report median compensation.
Bolstered by declining costs and a supportive regulatory environment, the US offshore wind (OSW) market will grow rapidly in the coming years, according to Moody's Investors Service in a new analysis of ...
Massachusetts abandoned plans Wednesday to get its clean energy from a $1.6 billion hydropower project, dealing a blow to a proposal that has sparked controversy in New Hampshire over plans to deliver ...
Electric utilities in Massachusetts have officially severed ties with a New Hampshire power-line project that was envisioned to connect New England’s most populous state to hydroelectric dams in Canada....
CONCORD, N.H (AP) — The Latest on the decision by Massachusetts to end plans to secure its clean energy from the Northern Pass hydropower project (all times local):
Eversource Energy (ES) is poised to benefit from investments made to strengthen its infrastructure. Acquisition of water assets is going to further expand its revenue base.
Groups supporting and opposing the Northern Pass hydropower project in New Hampshire filed statements Friday in advance of a state committee's meeting next week on whether it should rehear the project. ...
Brookfield Infrastructure Partners is one of the ten dividend stocks that can help raise your investment income by paying sizeable dividends. These stocks are a safe bet to increase yourRead More...
Utility crews raced to restore power for at least 750,000 customers as a strong storm subsided and moved offshore.
Important news for shareholders and potential investors in Eversource Energy (NYSE:ES): The dividend payment of $0.51 per share will be distributed into shareholder on 30 March 2018, and the stockRead More...
New Hampshire’s rejection of a planned 192-mile power line from Canada to Massachusetts is the latest example of just how hard it is to build large energy infrastructure in New England, even as states ...
Eversource's (ES) Q4 earnings improves year over year primarily due to higher volume of electric and natural gas distributed to customers.
Eversource Energy’s (NYSE:ES) most recent return on equity was a substandard 8.85% relative to its industry performance of 9.04% over the past year. ES’s results could indicate a relatively inefficientRead More...
Eversource Energy (ES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Earlier-than-expected snowfall in December 2017 in New Jersey is expected to drive Public Service Enterprise's (PEG) Q4 results.
Edison International (EIX) surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with an average surprise of 9.08%.
Stock market volatility has resulted in the utilities sector trading lower by 8 percent in 2018, according to Morgan Stanley — creating some buying opportunities for investors, as well as a call for investors ...
Hardly a a week ago, a proposal to build power transmission lines that would carry hydropower from Canada through New Hampshire and into Massachusetts seemed like a fait accompli. That just changed.
A $1.6 billion New Hampshire power line recently chosen to deliver massive amounts of Canadian hydropower to Massachusetts has been shot down. The New Hampshire Site Evaluation Committee on Thursday denied an essential state permit to Northern Pass Transmission, a project of Eversource Energy (ES) and Hydro-Quebec. The bombshell New Hampshire vote comes one week after Massachusetts officials chose the 192-mile Northern Pass in a high-stakes, weighted procurement contest to deliver low-carbon electricity to homes and businesses in the Bay State in the form of utility contracts worth billions of dollars.