|Bid||25.85 x 1800|
|Ask||26.00 x 800|
|Day's Range||25.79 - 25.89|
|52 Week Range||24.00 - 28.95|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Memphis Light, Gas and Water has tried and failed several times in recent years to substantially raise rates to fix its ailing infrastructure.
Shutting down a Kentucky coal-fired power plant is the right decision, the new head of the Tennessee Valley Authority said Friday. President Donald Trump and the U.S. Senate majority leader who hails from Kentucky had previously criticized the move. Jeff Lyash took over as president and CEO of the nation's largest public utility on Monday.
Months after the departure of its former CEO, PG&E; Corp. brought in a longtime utility executive for the job.
California energy company PG&E Corp on Wednesday appointed William Johnson as Chief Executive Officer and president. Johnson has been the CEO of the Tennessee Valley Authority since 2013. Reuters had reported ...
NASHVILLE, Tenn. (AP) — The Tennessee Valley Authority this week defended its relationship with a contractor accused of subverting safety precautions and sickening workers during the cleanup of a massive coal ash spill.
The Tennessee River is closed to all commercial vessel traffic as higher-than-normal rainfall cause flooding and swift currents along the river. The U.S. Army Corps of Engineers closed nine locks on the main stem of the river that are used by commercial vessels, said Tennessee Valley Authority (NYSE: TVC) spokesman Scott Brooks. Rainfall levels that are triple historical averages across the Tennessee Valley are causing dam spillovers along the Tennessee River, creating high currents, heavy flooding and turbulence.
Thunderstorms have been disturbing the peace across much of the Southeast this week. Some of the worst storms so far have been in Alabama, Mississippi and Tennessee. In Brentwood, Tennessee (Williamson County), just south of Nashville, two cars were nearly submerged in flood waters near the YMCA on Concord Road.
Why Warren Buffett’s Market Views Differ from President TrumpWarren BuffettOn February 14, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. The filing was highly anticipated since Berkshire Hathaway held more than $100 billion in cash
FRANKFORT, Ky. (AP) — A federal utility board voted Thursday to close a coal-fired power plant in Kentucky, rejecting pleas from President Donald Trump and U.S. Senate Majority Leader Mitch McConnell and handing the coal industry a defeat in its backyard.
The Tennessee Valley Authority voted on Thursday to close two aging coal-fired power plants, including one supplied by a company led by a major supporter of President Donald Trump, who had urged the U.S.-owned utility to keep it open. This decision is about economics," said President and Chief Executive Bill Johnson, who is retiring from the TVA. The 870-megawatt Bull Run coal plant in Tennessee will close by December 2023 and the 971-MW Paradise 3 plant in Kentucky will be shut by December 2020.
The Tennessee Valley Authority, a U.S.-owned utility, voted on Thursday to close a Kentucky coal plant mostly supplied by a company chaired by a donor to President Donald Trump. The Paradise 3 plant, mostly supplied by Murray Energy, will be closed by December 2020. Trump, whose base is partly made up of voters in coal country, had urged the TVA to consider the role of coal in the electric grid before voting.
KNOXVILLE, Tenn. (AP) — The nation's largest public utility says it could be required to partially reimburse a contractor it hired to clean up a massive coal ash spill after that contractor was sued by workers.
What to Watch in Berkshire Hathaway’s Upcoming 13F(Continued from Prior Part)Recent additionsWarren Buffett, Berkshire Hathaway’s (BRK-B) chairman, is known for his buy and hold philosophy. As a result, the portfolio churn is low. General
Google plans to buy power from Tennessee and Alabama solar farms under a deal with the Tennessee Valley Authority. Google announced Wednesday that it will buy 413 megawatts of output from 1.6 million solar ...
The lawsuit seeks a judge to force TVA to go through with the sale of the plant to ND, an injunction to make sure TVA maintains the plant in a way that wouldn't jeopardize the status of the building permits, or the awarding of damages totaling $30 million.
A private development group that's been working to purchase and finish construction of the Bellefonte nuclear plant in Alabama was unable to close on the deal by a Friday deadline.
A new letter urges Memphis Mayor Jim Strickland and the Memphis City Council to decline the proposal for MLGW to leave TVA and buy power from an incomplete nuclear plant.
A week after he joked to the Memphis Economic Club that he worried about very little beyond the next year, TVA CEO Bill Johnson announced his retirement.
Tennessee Valley Authority CEO Bill Johnson said Memphis Light, Gas and Water leaving the TVA would be the riskiest thing the city-owned utility could do.
While voters head to polls for the midterm elections, power, power prices, plastic bags and the size of the city will dominate the Memphis City Council on Tuesday, Nov. 6.
NASHVILLE, Tenn. (AP) — Tennessee and Alabama will get their largest solar power projects yet, to supply a Facebook data center with 100 percent renewable energy.
An Arizona power company is installing a large solar farm in Alabama to power a new Facebook center.
The Tennessee Valley Authority (TVA) is in the middle of its own love triangle. On one side sits Nuclear Development LLC (ND) and the contract that the company has with TVA to buy the incomplete Bellefonte Nuclear Plant in Hollywood, Alabama. On the other side sits TVA's largest customer, Memphis Light, Gas & Water (MLGW) and the $1 billion a year in revenue and billions more in capital investment the utility represents.
The Tennessee Valley Authority's inspector general says the organization's use of a nearly $7 million executive helicopter wasn't always cost effective, and broke federal travel rules. News outlets report ...