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INX:ETR, Sep 26, 09:41 UTC

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Tuesday, September 11


News

Entergy grants $2M to Louisiana college engineering program

ETR

Home / News / Education and Nonprofits / Entergy grants $2M to Louisiana college engineering program. Entergy is giving $2 million to a Louisiana university’s engineering program. The donation to Southern University in Baton Rouge was announced Monday at an event attended by company leaders, university representatives and elected officials, including Gov. A statement by Entergy chairman and CEO Leo Denault says Southern University is an ideal company partner because it’s a “national leader” in educating minority and female engineers.

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News

Entergy grants $2M to Louisiana college engineering program

ETR

Business & Real Estate. Entergy grants $2M to Louisiana college engineering program. September 11, 2018 01:51 AM. BATON ROUGE, La. Entergy is giving $2 million to a Louisiana university's engineering program. The donation to Southern University in Baton Rouge was announced Monday at an event attended by company leaders, university representatives and elected officials, including Gov. John Bel Edwards. Entergy says the money will support engineering classroom and lab upgrades, bolster engineering curriculum and faculty professional development and create internship programs. A statement by Entergy chairman and CEO Leo Denault says Southern University is an ideal company partner because it's a "national leader" in educating minority and female engineers. Entergy has more than 1 million electricity customers in Louisiana. Business & Real Estate. By continuing to use this site, you give your consent to our use of cookies for analytics, personalization and ads. LEARN MORE. ×.

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Friday, August 31


News

Why Is Entergy (ETR) Up 1.9% Since Last Earnings Report? - August 31, 2018

ETR

A month has gone by since the last earnings report for Entergy (ETR). Will the recent positive trend continue leading up to its next earnings release, or is Entergy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. The upside was driven by higher sales volume.Segment ResultsUtility: The segment’s quarterly adjusted earnings were $2.05 per share compared with $1.35 in the prior-year quarter.Parent & Other: The segment incurred adjusted loss of 40 cents per share compared with 32 cents of loss in the prior-year quarter.Entergy Wholesale Commodities (EWC): The segment reported adjusted earnings of 14 cents per share compared with $2.08 in the year-ago quarter.Highlights of the Release Interest expenses were $154.6 million in second-quarter 2018, up 6.4% from $145.2 million in the prior-year quarter.In the reported quarter, total retail customers served by the company increased 0.5% to 2.9 million.Financial HighlightsAs of Jun 30, 2018, Entergy had cash and cash equivalents of $812.8 million compared with $781 million as of Dec 31, 2017.At the end of second quarter, the company generated cash from operating activities of $522.5 million, up from $290.3 million in the prior-year quarter.GuidanceFor 2018, Entergy reaffirmed its operational earnings guidance in the band of $6.25-$6.85 per share.The Utility, Parent & Other adjusted earnings are also expected to be in the range of $4.50-$4.90 per share. How Have Estimates Been Moving Since Then?

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Tuesday, August 28


News

Entergy to Gain From Investments in Infrastructure Upgrade - August 28, 2018

ETR

We have recently issued an updated research report on Entergy Corporation ETR. The company delivered second-quarter 2018 adjusted earnings of $1.79 per share, surpassing the Zacks Consensus Estimate of $1.26 by 42.1%. However, the bottom line declined 42.4% from $3.11 in the year-ago period.Entergy consistently focuses on disciplined investment in growth projects courtesy to its stable liquidity position, which is backed by a strong cash generation capacity. The company plans to undertake various grid upgrades and asset replacement, which would drive its future earnings.The company is pursuing growth opportunities in the generation business as it boasts a strong project pipeline coupled with a secured Louisiana Public Service Commission (LPSC) approval to replace 100 miles of pipe over the next 10 years.Entergy New Orleans filed an application for approval from the City Council for three utility-scale solar projects totaling 90 megawatt (MW). The stock has seen the Zacks Consensus Estimate for 2018 bottom line per share being raised 5.3% over the past 30 days to $3.21.Today's Stocks from Zacks' Hottest StrategiesIt's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.And this outperformance has not just been a recent phenomenon.

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Wednesday, August 22


News

Entergy Mississippi Continues to Modernize its Generating Fleet

ETR

JACKSON, Miss., Aug. 22, 2018 /PRNewswire/ -- Entergy Mississippi, Inc. has taken another step toward modernizing the electric grid and building the utility of the future. The plant is a clean and modern 810-megawatt, combined-cycle natural gas turbine unit owned by a subsidiary of GenOn Energy, Inc. Entergy Mississippi entered into a purchase agreement on Tuesday, August 21, 2018 to buy the plant for $314 million, subject to certain adjustments. That amount is significantly less than the cost to build a comparable facility and eliminates construction time and risks associated with building a new plant, providing more immediate benefits and savings for customers. "This purchase is a continuation of our efforts to update our generation plants to more modern and efficient facilities, and it replaces power plants that have been recently retired or will soon be retired," said Darron Case, Entergy Mississippi director of resource planning and market operations.

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Friday, August 17


News

Entergy New Orleans CEO Charles Rice steps down, taking new role with company

ETR

Entergy New Orleans president and CEO Charles Rice has transitioned to another position, the utility said Friday. Rice “will be charged with providing legal advice and guidance as Entergy Corporation considers long-term growth opportunities and business strategies,” a news release said. Rod West, group president of utility operations for Entergy Corp., will be interim president and CEO of Entergy New Orleans until a successor is named. His transition to a new role comes as the utility faces increased scrutiny from the New Orleans City Council over reliability and rate issues.

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Monday, August 13


News

ENTERGY $ETR Technical Update – Stock Traders Daily NEWS

ETR

Our Disruptive Tactical Strategies can work regardless of market direction or economic conditions. August 13, 2018, BY Thomas H. Kee Jr - Editor, Stock Traders Daily | Subscribe to RSS. We have day, swing, and longer-term trading plans for ETR, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Monday, August 06


News

3 Big Stock Charts for Monday: Entergy, Incyte and SL Green Realty

ETR INCY +1 more ETR INCY SLG

Down as much as 0.7% for the week on Thursday, the S&P 500 managed to hammer out nearly a 0.8% gain for the week. And yet, it’s tough to pinpoint which names did Friday’s heavy lifting on Friday. Conversely, iQiyi (NASDAQ:IQ) shares tumbled 6.3%, dishing out some more rough action after releasing its Q2 numbers earlier in the week, while Symantec (NASDAQ:SYMC) fell almost 8% on disappointing fiscal Q1 revenue. Heading into the new trading week, those appear to be Entergy (NYSE:ETR), Incyte (NASDAQ:INCY) and SL Green Realty (NYSE:SLG). Entergy (ETR). When Entergy reported better-than-expected second-quarter earnings last week, the stock jumped. But we’ve seen other such jumps of late, many of them failing to follow-through.

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Wednesday, August 01


News

Entergy Swings Deal for Palisades Plant

ETR

COVERT, MI (WHTC-AM/FM) – Another step in the mothballing of the Palisades Power Plant has been taken. The operator of the Covert-based nuclear power facility, Entergy, announced on Wednesday a “post-shutdown sale” of the plant, along with the Pilgrim Nuclear Power Station in Plymouth, Massachusetts, to a subsidiary of Holtec International. The transaction, which is pending approval by the US Nuclear Regulatory Commission, would include license transfers, spent fuel and Nuclear Decommissioning Trusts at the two facilities, along with the Independent Spent Fuel Storage Installation at the already-decommissioned Big Rock Nuclear Power Plant near Charlevoix. According to a company statement announcing the sale, Entergy will receive a “nominal” cash consideration of an undisclosed amount, and the deal is not expected to affect the scheduled 2022 closing of the Palisades plant.

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News

Storm debt paid, Entergy Louisiana customers get lower bills

ETR

(AP) -- More than 1 million Entergy Louisiana customers will see their utility bills drop this month after the debts have been paid from repairing damage done by hurricanes Katrina and Rita, the company announced Wednesday. Residential customers will see monthly charges fall a few dollars per month, depending on where they live, according to estimates released by Entergy Louisiana. After the devastating storms ravaged south Louisiana in 2005, state officials created a quasi-state government agency called the Louisiana Utilities Restoration Corp. for Entergy to borrow $1 billion to pay for utility restoration and to create a storm reserve fund. "The last payment has been collected, so the payment will come off customer bills," Mark Kleehammer, vice president of regulatory and public affairs for Entergy Louisiana LLC, told the Public Service Commission.

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