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Business Wire (Free subscription) | 17/11/2008
LOS ANGELES--(BUSINESS WIRE)--Public Service Enterprise Group (PSEG), a diversified energy company with 2.1 million electric and 1.7 million natural gas customers located throughout New Jersey (NYSE:PEG), headquartered
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Market Watch (Free subscription) | 31/10/2008
NEW YORK (MarketWatch) -- Public Service Enterprise Group Inc. said Thursday its third-quarter net income rose to $656 million, or $1.29 a share, from $506 million, or 99 cents a share, in the year-ago period. Earnings from continuing operations in the latest quarter were $476 million, or 94 cents a share. Analysts polled by FactSet Research were expecting earnings of $1 a share. PSEG maintained its...
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MATTER MAGAZINE (Free subscription) | 04/10/2008
The state of New Jersey has awarded a contract for an offshore wind farm to Garden State Offshore Energy (GSOE), a joint venture between Deepwater Wind and Public Service Enterprise Group. GSOE submitted a bid to the New Jersey Board of Public Utilities to build a 350-megawatt wind farm almost 20 miles offshore. The farm will consist of 96 turbines and is expected to be completed by 2012. The project...
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PR News Wire (Free subscription) | 03/10/2008
Promotion caps 32 years of commercial nuclear experience
NEWARK, N.J., Oct. 3 /PRNewswire-FirstCall/ -- Public Service
Enterprise Group (PSEG) today announced the election of Thomas P. Joyce as
president and chief nuclear officer of PSEG Nuclear, effective October 6.
Joyce has been the senior vice president - operations at PSEG Nuclear
since June 2007. In that role, he was responsible for the safe,...
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Times of the Internet (Free subscription) | 05/09/2008
NEWARK, N.J., Sept. 5 /PRNewswire-FirstCall/ -- Public Service Enterprise Group was named one of the country's "Best Places to Launch a Career" in BusinessWeek's third annual list, released today on its website. The Best Places to Launch a Career ranking is based on three separate surveys: a BusinessWeek poll of career-services directors at U.S. colleges; a survey of 40,000 U.S. college students conducted...
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ETF Trends (Free subscription) | 28/08/2008
Wind energy is not just a bunch of hot air, as many companies are looking to this as a legitimate power source, blowing new life into related exchange traded funds (ETFs). Public Service Enterprise Group Inc. (PEG) is planning on spending $20 million to develop services that compress air to store power, giving potential for electricity [...]
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Earth2Tech (Free subscription) | 26/08/2008
When it comes to renewable energy, there’s the valid question: “But what do you do when the sun doesn’t shine or the wind doesn’t blow?” A new joint venture, launched with $20 million, thinks it has an answer - compressed air. Public Service Enterprise Group Inc., owner of New Jersey’s largest utility, has formed [...]
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GuruFocus Updates (Free subscription) | 13/08/2008
Chris Davis initiated holdings in Electricity company Public Service Enterprise Group (PEG) during the 3-months ended 2008-06-30. His purchase prices were between $ 41.69 and $ 46.61, with an estimated average price of $ 43.7. The impact to his portfolio due to this purchase was less than 0.01 %. His holdings was 7900 shares as of 2008-06-30. As of last market close, the price of Public Service Enterprise...
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Market Watch (Free subscription) | 01/08/2008
NEW YORK (MarketWatch) -- Public Service Enterprise Group Inc. on Thursday said it lost $166 million, or 32 cents a share, from a gain of $281 million, or 55 cents a share in the year-ago period. Excluding $490 million in lease-related charges, operating earnings in the latest period totaled $324 million, or 64 cents a share. Analysts expected earnings of 60 cents a share, according to a survey by...