ALE News Alert Allete Inc (ALE) 52.12 12/12/2014 22:15:16

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Allete Inc (ALE) 52.12 $ALE

PNM Resources Unit Files for Rate Increase in New Mexico - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 12, 3:55PM CST
PNM Resources' (PNM) New Mexico unit PNM has filed for an electric rate increase with the New Mexico Public Regulation Commission.
PNM: 28.58 (-0.52), PCG: 52.07 (-0.86), ALE: 52.12 (-0.43), BKH: 51.68 (-1.24)

Federal Approval of a Construction Agreement for the Great Northern Moves International Transmission Project Forward
Business Wire - Fri Dec 12, 7:30AM CST
Minnesota Power's Great Northern Transmission Line has received another important approval. The Federal Energy Regulatory Commission (FERC), on November 25, approved a facilities construction agreement required to build this 500-kilovolt, 220-mile line that will run from the Canadian-U.S. border northwest of Roseau, Minn. to an expanded Blackberry electric substation east of Grand Rapids, Minn. Minnesota Power is a utility division of ALLETE (NYSE:ALE).
ALE: 52.12 (-0.43)

Entergy Corp to Acquire Union Power Station in Arkansas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 10, 4:10PM CST
Entergy Corporation's (ETR) subsidiaries have entered into an agreement to acquire Union Power Station in Arkansas.
ETR: 86.41 (+1.51), PCG: 52.07 (-0.86), ALE: 52.12 (-0.43), BKH: 51.68 (-1.24)

PNM Resources (PNM) Hikes Annual Dividend Rate by 8.1% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 10, 4:00PM CST
PNM Resources (PNM) has decided to share more of its profits with shareholders - the dividend payout is in sync with its long-term target.
PNM: 28.58 (-0.52), PCG: 52.07 (-0.86), ALE: 52.12 (-0.43), BKH: 51.68 (-1.24)

Pepco Holdings Strengthens Infrastructure, Merger on Course - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 05, 3:20PM CST
Pepco Holdings' (POM) merger plan with Exelon is on course, but its rising debt level is a concern.
POM: 26.66 (-0.30), PCG: 52.07 (-0.86), ALE: 52.12 (-0.43), BKH: 51.68 (-1.24)

Hawaiian Electric Industries Inc. (HE) in Focus: Stock Soars 14.3% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Dec 05, 8:21AM CST
Hawaiian Electric Industries Inc. (HE) was a big mover last session, as the company saw its shares rise by over 14% on the day.
HE: 32.98 (-0.20), PCG: 52.07 (-0.86), ALE: 52.12 (-0.43), BKH: 51.68 (-1.24)

Minnesota Power Seeking Solar Prequalification Applications
Business Wire - Tue Dec 02, 9:00AM CST
Minnesota Power, a division of ALLETE, Inc. (NYSE: ALE), is seeking experienced solar developers and EPC (Engineer Procure Construct) firms to submit prequalification applications in advance of a site specific solar request for proposals expected to be released in January, 2015 for a project to be in service late summer of 2016.
ALE: 52.12 (-0.43)

MDU Resources to Buy a 107.5 MW North Dakota Wind Farm - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 25, 4:10PM CST
An MDU Resources (MDU) unit has signed an agreement to acquire a North Dakota wind farm from ALLETE Energy.
MDU: 21.71 (-0.91), ALE: 52.12 (-0.43), ATO: 53.13 (-1.42), SRE: 108.09 (-1.34)

Wind Works Power Corp. Closes Sale of 107.5 Megawatt Thunder Spirit Project in North Dakota
ACCESSWIRE - Tue Nov 25, 8:09AM CST
Schenectady, NY / ACCESSWIRE / November 25, 2014 / Wind Works Power Corp. (OTC:WWPW - News), is pleased to announce that it has closed the sale of its 100% owned, 107.5 megawatt (MW) Thunder Spirit Wind project, located in Hettinger, North Dakota.
ALE: 52.12 (-0.43)

Utilities press BNSF to speed coal deliveries
Seeking Alpha - at Seeking Alpha - Mon Nov 24, 10:58AM CST

XEL: 34.63 (-0.36), BTU: 7.37 (-0.04), ALE: 52.12 (-0.43), BRK.A: 219,000.00 (-5,800.00)

Allete Clean Energy, Montana-Dakota Utilities finalize wind farm agreement
Seeking Alpha - at Seeking Alpha - Mon Nov 24, 9:36AM CST

MDU: 21.71 (-0.91), ALE: 52.12 (-0.43)

Montana-Dakota Utilities Signs Agreement to Purchase North Dakota Wind Farm
Business Wire - Mon Nov 24, 7:30AM CST
Montana-Dakota Utilities Co., a division of MDU Resources Group (NYSE:MDU) announced today that it has signed an agreement to purchase a North Dakota wind farm to be developed by ALLETE Clean Energy, a subsidiary of ALLETE, Inc. (NYSE:ALE).
MDU: 21.71 (-0.91), ALE: 52.12 (-0.43)

ALLETE Clean Energy Finalizes Agreement to Develop Wind Power and Sell to Montana-Dakota Utilities
Business Wire - Mon Nov 24, 7:30AM CST
ALLETE Clean Energy, a subsidiary of ALLETE, Inc. (NYSE:ALE), has finalized a major development agreement with Montana-Dakota Utilities, a division of MDU Resources Group (NYSE: MDU).
MDU: 21.71 (-0.91), ALE: 52.12 (-0.43)

Allete Earnings In Retrospect: Down 4.5% in the Last 14 Days (ALE)
Comtex SmarTrend(R) - Mon Nov 17, 8:58AM CST
Two weeks ago on November 3rd, 2014 Allete (NYSE:ALE) reported earnings and analysts, on average, expected earnings of $0.72 on sales of $273.0 million. Allete actually reported earnings of $0.97 per share on sales of $288.9 million, beating EPS estimates by $0.25 and beating revenue estimates by $15.9 million. Shares of Allete have slipped from $52.17 to $49.83, representing a loss of 4.5%, since the company reported earnings 14 days ago.
ALE: 52.12 (-0.43)

Shares of ALE Up 12.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Nov 11, 10:08AM CST
SmarTrend identified an Uptrend for Allete (NYSE:ALE) on October 6th, 2014 at $46.91. In approximately 1 month, Allete has returned 12.21% as of today's recent price of $52.64.
ALE: 52.12 (-0.43)

Update: Allete Posted Robust Results Again In Q3
Martin Vlcek - at Seeking Alpha - Fri Nov 07, 4:57PM CST

ALE: 52.12 (-0.43)

Westar Energy Beats Q3 Earnings on Higher Electric Sales - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 06, 10:00AM CST
Westar Energy's (WR) earnings and revenues in the third quarter 2014 were ahead of the Zacks Consensus Estimate.
WR: 39.29 (-0.38), FE: 37.45 (-0.39), PPL: 35.02 (-0.30), ALE: 52.12 (-0.43)

ALLETE's (ALE) CEO Alan Hodnik on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Mon Nov 03, 11:54AM CST

ALE: 52.12 (-0.43)

ALLETE (ALE) Q3 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Mon Nov 03, 8:55AM CST

ALE: 52.12 (-0.43)

Allete beats 3Q profit forecasts
Automated Insights - Mon Nov 03, 7:37AM CST
DULUTH, Minn. (AP) _ Allete Inc. (ALE) on Monday reported third-quarter net income of $41.6 million.
ALE: 52.12 (-0.43)




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