RECENT NEWS
MarketWatch  Jul 3 
European shares edged lower on Friday with U.S. equity markets closed for a holiday, with utilities and metals producers dragging lower.
Wall Street Journal  Jul 3 
European shares finished slightly lower, with utilities and metals producers pressuring markets.
Financial Times  Jun 30 
United Utilities and Severn Trent were among the sharpest fallers as the FTSE 100 retreated
TANMAY OBSERVES!  Jun 27 
POWERGRID CORP (Rs 110.85) - A Technical View:- The stock of POWERGRID is trading in up-channel and is near a very strong support Rs 100-105. Buy the stock around current levels or in dips towards Rs 104-108 for short-term target Rs 124-128....
New York Times  Jun 26 
The departure of Southern Company and American Electric Power is a blow to a consortium seeking to build a carbon-capture coal plant in Illinois.
BusinessWeek  Jun 26 
"Rising Sons and Daughters" (BTW, June 29) incorrectly reported the amount set aside in Japan's economic stimulus program for aid to new parents and new day-care centers...
StreetInsider.com  Jun 25 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Goldman+Sachs+Upgraded+Regulated+%26+Diversified+Utilities%3B+ETR+%26+WR+To+Conviction+Buy/4754127.html for the full story.
CNNMoney.com  Jun 23 
Concepts like "smart grids" and "intelligent metering" are difficult for the non-expert brain to grasp. So instead, wrap your mind around a simpler set of facts. Utilities experience peak demand -- for example, on blistering hot days when air...
Reuters  Jun 22 
* New co to be named Atco Structures & Logistics Ltd
Bloomberg  Jun 22 
(Update1) Philippine investors should buy shares in utilities and phone companies to ride out a market “consolidation” in the next three months, Macquarie Group Ltd.’s Manila-based strategist Alex Pomento said.
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This industry consists of companies that provide consumers and businesses with electricity, natural gas, and water. Most of these companies are government sanctioned monopolies. They operate without competition in their main service areas. The downside to this industry is that the government in many cases also determines how much these utilities can charge their customers.


 
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