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Utilities Decliners: NRG Energy, Dominion Resources, The AES, NV Energy, Northeast Utilities | Galaxy Stocks Subscribe to RSS



Utilities Decliners: NRG Energy, Dominion Resources, The AES, NV Energy, Northeast Utilities

NRG Energy Inc (NYSE:NRG) stock plunged on Friday after it would be closing the 352 MW oil-fired Norwalk Harbor Power facility in Norwalk, Connecticut on June 1 due to difficult market conditions.

NRG Energy Inc (NYSE:NRG) last session’s volume of 3.06 million shares was lower than its average volume of 3.12 million shares. The stock after opening at $27.65 hit high price of $27.65 and then closed at $27.17 by scoring -2.30%.

Dominion Resources, Inc (NYSE:D) will lower almost 150 jobs companywide over almost coming 3 months, in a cost-saving action.

Dominion Resources, Inc. (NYSE:D) on May 24, 2013 decreased -2.26% to the closing price of $57.62. The overall volume in the last trading session was 7.06 million shares. Its fifty two weeks range was $48.94 – $61.85. The total market capitalization remained at $33.29 billion.

The AES Corporation (NYSE:AES) commenced tender offers to purchase for cash, conditional on certain terms and conditions set forth in the Offers to Purchase for Cash, as modified on May 14, 2013, and related Letter of Transmittal.

The AES Corporation (NYSE:AES) dropped -1.86%, reaching at $12.66 after hovering between $12.60 and $12.83. This stock is ahead of its 52-week low with 33.94% and lagging behind from its 52-week high price with -9.57%. AES’s last month’s stock price volatility remained 2.19%.

Moody’s Investors Service earlier booted long-term ratings of NV Energy, Inc (NYSE:NVE) and its subsidiaries Nevada Power Company (NPC) and Sierra Pacific Power Company (SPPC).

With a recent loss of -1.63% to $19.91, the share price of NV Energy, Inc. (NYSE:NVE) has moved down from its 20 days moving average with -3.63% and remote negatively from 50 days moving average with -3.63%.

Northeast Utilities System (NYSE:NU) on Friday plunged after it declared fiscal Q1 income over doubled assisted to higher revenue following previous year’s merger with New England utility Nstar.

Northeast Utilities System (NYSE:NU) decreased -1.59% to the closing price of $42.84. The stock showed weekly downbeat performance of -3.67% which was maintained for the month at -4.46%. Likewise the positive performance for the quarter was recorded as 5.39% and for the year was 22.54% while the YTD performance remained at 10.61%.


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