RECENT NEWS
The Hindu Business Line  Dec 7  Comment 
1) The Delhi High Court is to hear today pleas against demonetisation which questioned the government allowing certain public utilities including hospitals and petrol pumps to use the old notes. Peti...
Forbes  Dec 6  Comment 
Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.2% loss. Within that group, Edison International (NYSE: EIX) and Dominion Resources Inc (NYSE: D) are two large...
Reuters  Dec 6  Comment 
Wall Street was little changed in choppy trading on Tuesday, as gains in bank and telecom stocks were offset by losses in utilities and materials.
newratings.com  Dec 6  Comment 
DUBAI, United Arab Emirates, Dec. 06, 2016 (GLOBE NEWSWIRE) -- According to a recent EY report, despite current global uncertainties regarding growth prospects the longer-term outlook for economic growth and investment in Africa remains positive....
Financial Times  Dec 6  Comment 
Ruling allows companies to pursue compensation against government
The Economic Times  Dec 6  Comment 
According to media reports, state utilities witnessed a twofold to tenfold jump in their collections as they were allowed to collect old notes up to midnight of November 24 for bill payments.
Forbes  Dec 5  Comment 
In afternoon trading on Monday, Utilities stocks are the worst performing sector, showing a 0.1% loss. Within that group, Sempra Energy (NYSE: SRE) and CenterPoint Energy, Inc (NYSE: CNP) are two large stocks that are lagging, showing a loss of...
Forbes  Dec 1  Comment 
In afternoon trading on Thursday, Technology & Communications stocks are the worst performing sector, showing a 2.8% loss. Within the sector, Microchip Technology Inc (NASD: MCHP) and Lam Research Corp (NASD: LRCX) are two of the day's laggards,...
The Hindu Business Line  Dec 1  Comment 
US stocks ended with big gains for November on Wednesday thanks to a sharp post-election rally but finished the day mostly lower as drops in utilities and technology offset energy’s surge.Energy share...




 

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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