Cleco Power Llc (CNL) 55.36 $CNL North American
Post# of 273257
Posted On: 09/04/2016 7:10:55 PM
Cleco Power Llc (CNL) 55.36 $CNL
North American led investor group completes acquisition of Cleco
Globe Newswire - Wed Apr 13, 10:54AM CDT
PINEVILLE, La., April 13, 2016 - Cleco Corporation (NYSE: CNL) announced today that the sale of Cleco to a group of North American infrastructure investors led by Macquarie Infrastructure and Real Assets (MIRA) and British Columbia Investment Management Corporation (bcIMC), with John Hancock Financial and other infrastructure investors (collectively, the investor group) is complete. The value of the transaction is approximately $4.7 billion, which includes approximately $1.3 billion of assumed debt.
CNL: 55.36 (+0.05)
The Zacks Analyst Blog Highlights: CenterPoint Energy, CMS Energy, Cleco, PPL and ONE Gas
Zacks Equity Research - Zacks Investment Research - Wed Apr 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: CenterPoint Energy, CMS Energy, Cleco, PPL and ONE Gas
CMS: 42.31 (+0.46), PPL: 35.03 (+0.59), CNP: 22.63 (+0.19), OGS: 62.29 (+0.86), CNL: 55.36 (+0.05)
5 Utility Stocks to Buy on Rising Uncertainty
Swarup Gupta - Zacks Investment Research - Tue Apr 12, 9:36AM CDT
Our Zacks methodology shows defensive choices like utilities have again acquired special significance on multiple headwinds.
CMS: 42.31 (+0.46), PPL: 35.03 (+0.59), CNP: 22.63 (+0.19), XLU: 49.63 (+0.65), OGS: 62.29 (+0.86), CNL: 55.36 (+0.05)
Prestige Brands Holdings Set to Join the S&P MidCap 400; Great Western Bancorp to Join S&P SmallCap 600
PR Newswire - Mon Apr 11, 4:52PM CDT
S&P SmallCap 600 constituent Prestige Brands Holdings Inc. (NYSE: PBH) will replace Cleco Corporation. (NYSE: CNL) in the S&P MidCap 400, and Great Western Bancorp Inc. (NYSE: GWB) will replace Prestige Brands Holdings in the S&P SmallCap 600 after the close of trading on Wednesday, April 13. Macquarie Infrastructure Partners is acquiring Cleco in a deal expected to be completed on or about that date pending final conditions.
PBH: 47.99 (+0.29), MHFI: 107.92 (+1.16), GWB: 34.22 (+0.45), CNL: 55.36 (+0.05)
Can The Uptrend Continue for Cleco (CNL)?
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 9:39AM CDT
Investors certainly have to be happy with Cleco Corporation (CNL) and its short term performance
CNL: 55.36 (+0.05)
Upgrade Alert for Cleco (CNL)
Comtex SmarTrend(R) - Wed Mar 30, 3:29AM CDT
Cleco (NYSE:CNL) was upgraded from Sell to Neutral at Ladenburg today. The stock closed yesterday at $55.13 on volume of 7.4 million shares, above average daily volume of 1.3 million. Cleco share prices have moved between a 52-week high of $54.88 and a 52-week low of $44.78 and closed yesterday at 23% above that low price at $55.13 per share. The 200-day and 50-day moving averages have moved 0.04% lower and 0.09% lower over the past week, respectively.
CNL: 55.36 (+0.05)
Hess and Medivation slide, Apple and Lennar advance
AP - Tue Mar 29, 3:35PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq stock market:
MDVN: 80.85 (-0.08), SAIC: 64.45 (+0.45), LEN: 46.56 (-0.15), HES: 53.08 (-0.23), CONN: 6.84 (+0.19), LEN.B: 37.23 (-0.09), AAPL: 107.73 (+1.00), CNL: 55.36 (+0.05)
Louisiana regulators approve Cleco Corporation sale
AP - Tue Mar 29, 12:12PM CDT
BATON ROUGE, La. (AP) — Louisiana utility regulators have approved the sale of energy company Cleco Corp. for $4.9 billion.
CNL: 55.36 (+0.05)
State regulators approve sale of Cleco
Globe Newswire - Mon Mar 28, 11:46PM CDT
Transaction expected to close in April
CNL: 55.36 (+0.05)
Look for Shares of Cleco to Potentially Pullback after Yesterday's 2.47% Rise
Comtex SmarTrend(R) - Mon Mar 28, 1:16PM CDT
Cleco (NYSE:CNL) traded in a range yesterday that spanned from a low of $49.09 to a high of $50.34. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $48.73 on volume of 1.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CNL: 55.36 (+0.05)
Cleco and investor group announce improved commitments package
Globe Newswire - Mon Mar 28, 7:58AM CDT
Customers to receive average one-time credit of $500 without owners incurring additional debt
CNL: 55.36 (+0.05)
Cleco receives ratings assessment indications
Globe Newswire - Fri Feb 05, 12:26PM CST
PINEVILLE, La., Feb. 5, 2016 - Cleco Corporation (NYSE:CNL) today announced that Moody's Investors Service (Moody's) and Standard & Poor's Ratings Services (S&P Ratings) have provided ratings information pursuant to a ratings assessment service at Moody's and a ratings evaluation service at S&P Ratings in advance of the anticipated close of the transaction with the North American investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation, with John Hancock Financial and other infrastructure investors (collectively known as the investor group).
CNL: 55.36 (+0.05)
Cleco announces Louisiana board members
Globe Newswire - Wed Feb 03, 7:55AM CST
- New board to convene once company's strategic transaction closes
CNL: 55.36 (+0.05)
Cleco Stock Sees Short Interest Increase 37.2%
MarketNewsVideo.com - Fri Jan 29, 2:15PM CST
The most recent short interest data has been released by the NASDAQ for the 01/15/2016 settlement date, which shows a 364,047 share increase in total short interest for Cleco Corp. , to 1,341,415, an increase of 37.25% since 12/31/2015.
CNL: 55.36 (+0.05)
Cleco and investor group enhance commitments to create additional value for customers and obtain approval of the Louisiana Public Service Commission
Thomson Reuters ONE - Mon Jan 04, 3:31PM CST
- Customer rate credits increased from $65 million to $125 million
CNL: 55.36 (+0.05)
SmarTrend Watching for Potential Rebound in Shares of Cleco After 1.02% Loss
Comtex SmarTrend(R) - Wed Dec 30, 5:26PM CST
Cleco (NYSE:CNL) traded in a range yesterday that spanned from a low of $51.52 to a high of $53.06. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $52.74 on volume of 1.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CNL: 55.36 (+0.05)
Cleco Corporation reports 2015 third quarter operational earnings of $0.92 per diluted share
Thomson Reuters ONE - Wed Oct 28, 3:34PM CDT
PINEVILLE, La., Oct. 28, 2015 - Cleco Corporation (NYSE: CNL) reported 2015 third quarter earnings of $54.7 million, or $0.90 per diluted share, down from $70.8 million, or $1.17 per diluted share recorded in the third quarter of 2014. Operational earnings, excluding special items, of $55.8 million, or $0.92 per diluted share, were down from $71.2 million, or $1.17 per diluted share recorded in the third quarter of 2014.
CNL: 55.36 (+0.05)
Cleco Corporation declares quarterly dividend
Thomson Reuters ONE - Thu Oct 22, 1:36PM CDT
PINEVILLE, La., Oct. 22, 2015 - Cleco Corporation (NYSE: CNL) today announced that its board of directors declared a quarterly dividend of $0.40 per share on the company's common stock for the Nov. 16, 2015 payment.
CNL: 55.36 (+0.05)
Cleco and North American investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation near final stages of state regulatory approval process
Thomson Reuters ONE - Fri Oct 02, 3:18PM CDT
- Regulatory process strengthens transaction and improves broad commitments
CNL: 55.36 (+0.05)
North American led investor group completes acquisition of Cleco
Globe Newswire - Wed Apr 13, 10:54AM CDT
PINEVILLE, La., April 13, 2016 - Cleco Corporation (NYSE: CNL) announced today that the sale of Cleco to a group of North American infrastructure investors led by Macquarie Infrastructure and Real Assets (MIRA) and British Columbia Investment Management Corporation (bcIMC), with John Hancock Financial and other infrastructure investors (collectively, the investor group) is complete. The value of the transaction is approximately $4.7 billion, which includes approximately $1.3 billion of assumed debt.
CNL: 55.36 (+0.05)
The Zacks Analyst Blog Highlights: CenterPoint Energy, CMS Energy, Cleco, PPL and ONE Gas
Zacks Equity Research - Zacks Investment Research - Wed Apr 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: CenterPoint Energy, CMS Energy, Cleco, PPL and ONE Gas
CMS: 42.31 (+0.46), PPL: 35.03 (+0.59), CNP: 22.63 (+0.19), OGS: 62.29 (+0.86), CNL: 55.36 (+0.05)
5 Utility Stocks to Buy on Rising Uncertainty
Swarup Gupta - Zacks Investment Research - Tue Apr 12, 9:36AM CDT
Our Zacks methodology shows defensive choices like utilities have again acquired special significance on multiple headwinds.
CMS: 42.31 (+0.46), PPL: 35.03 (+0.59), CNP: 22.63 (+0.19), XLU: 49.63 (+0.65), OGS: 62.29 (+0.86), CNL: 55.36 (+0.05)
Prestige Brands Holdings Set to Join the S&P MidCap 400; Great Western Bancorp to Join S&P SmallCap 600
PR Newswire - Mon Apr 11, 4:52PM CDT
S&P SmallCap 600 constituent Prestige Brands Holdings Inc. (NYSE: PBH) will replace Cleco Corporation. (NYSE: CNL) in the S&P MidCap 400, and Great Western Bancorp Inc. (NYSE: GWB) will replace Prestige Brands Holdings in the S&P SmallCap 600 after the close of trading on Wednesday, April 13. Macquarie Infrastructure Partners is acquiring Cleco in a deal expected to be completed on or about that date pending final conditions.
PBH: 47.99 (+0.29), MHFI: 107.92 (+1.16), GWB: 34.22 (+0.45), CNL: 55.36 (+0.05)
Can The Uptrend Continue for Cleco (CNL)?
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 9:39AM CDT
Investors certainly have to be happy with Cleco Corporation (CNL) and its short term performance
CNL: 55.36 (+0.05)
Upgrade Alert for Cleco (CNL)
Comtex SmarTrend(R) - Wed Mar 30, 3:29AM CDT
Cleco (NYSE:CNL) was upgraded from Sell to Neutral at Ladenburg today. The stock closed yesterday at $55.13 on volume of 7.4 million shares, above average daily volume of 1.3 million. Cleco share prices have moved between a 52-week high of $54.88 and a 52-week low of $44.78 and closed yesterday at 23% above that low price at $55.13 per share. The 200-day and 50-day moving averages have moved 0.04% lower and 0.09% lower over the past week, respectively.
CNL: 55.36 (+0.05)
Hess and Medivation slide, Apple and Lennar advance
AP - Tue Mar 29, 3:35PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq stock market:
MDVN: 80.85 (-0.08), SAIC: 64.45 (+0.45), LEN: 46.56 (-0.15), HES: 53.08 (-0.23), CONN: 6.84 (+0.19), LEN.B: 37.23 (-0.09), AAPL: 107.73 (+1.00), CNL: 55.36 (+0.05)
Louisiana regulators approve Cleco Corporation sale
AP - Tue Mar 29, 12:12PM CDT
BATON ROUGE, La. (AP) — Louisiana utility regulators have approved the sale of energy company Cleco Corp. for $4.9 billion.
CNL: 55.36 (+0.05)
State regulators approve sale of Cleco
Globe Newswire - Mon Mar 28, 11:46PM CDT
Transaction expected to close in April
CNL: 55.36 (+0.05)
Look for Shares of Cleco to Potentially Pullback after Yesterday's 2.47% Rise
Comtex SmarTrend(R) - Mon Mar 28, 1:16PM CDT
Cleco (NYSE:CNL) traded in a range yesterday that spanned from a low of $49.09 to a high of $50.34. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $48.73 on volume of 1.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CNL: 55.36 (+0.05)
Cleco and investor group announce improved commitments package
Globe Newswire - Mon Mar 28, 7:58AM CDT
Customers to receive average one-time credit of $500 without owners incurring additional debt
CNL: 55.36 (+0.05)
Cleco receives ratings assessment indications
Globe Newswire - Fri Feb 05, 12:26PM CST
PINEVILLE, La., Feb. 5, 2016 - Cleco Corporation (NYSE:CNL) today announced that Moody's Investors Service (Moody's) and Standard & Poor's Ratings Services (S&P Ratings) have provided ratings information pursuant to a ratings assessment service at Moody's and a ratings evaluation service at S&P Ratings in advance of the anticipated close of the transaction with the North American investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation, with John Hancock Financial and other infrastructure investors (collectively known as the investor group).
CNL: 55.36 (+0.05)
Cleco announces Louisiana board members
Globe Newswire - Wed Feb 03, 7:55AM CST
- New board to convene once company's strategic transaction closes
CNL: 55.36 (+0.05)
Cleco Stock Sees Short Interest Increase 37.2%
MarketNewsVideo.com - Fri Jan 29, 2:15PM CST
The most recent short interest data has been released by the NASDAQ for the 01/15/2016 settlement date, which shows a 364,047 share increase in total short interest for Cleco Corp. , to 1,341,415, an increase of 37.25% since 12/31/2015.
CNL: 55.36 (+0.05)
Cleco and investor group enhance commitments to create additional value for customers and obtain approval of the Louisiana Public Service Commission
Thomson Reuters ONE - Mon Jan 04, 3:31PM CST
- Customer rate credits increased from $65 million to $125 million
CNL: 55.36 (+0.05)
SmarTrend Watching for Potential Rebound in Shares of Cleco After 1.02% Loss
Comtex SmarTrend(R) - Wed Dec 30, 5:26PM CST
Cleco (NYSE:CNL) traded in a range yesterday that spanned from a low of $51.52 to a high of $53.06. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $52.74 on volume of 1.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CNL: 55.36 (+0.05)
Cleco Corporation reports 2015 third quarter operational earnings of $0.92 per diluted share
Thomson Reuters ONE - Wed Oct 28, 3:34PM CDT
PINEVILLE, La., Oct. 28, 2015 - Cleco Corporation (NYSE: CNL) reported 2015 third quarter earnings of $54.7 million, or $0.90 per diluted share, down from $70.8 million, or $1.17 per diluted share recorded in the third quarter of 2014. Operational earnings, excluding special items, of $55.8 million, or $0.92 per diluted share, were down from $71.2 million, or $1.17 per diluted share recorded in the third quarter of 2014.
CNL: 55.36 (+0.05)
Cleco Corporation declares quarterly dividend
Thomson Reuters ONE - Thu Oct 22, 1:36PM CDT
PINEVILLE, La., Oct. 22, 2015 - Cleco Corporation (NYSE: CNL) today announced that its board of directors declared a quarterly dividend of $0.40 per share on the company's common stock for the Nov. 16, 2015 payment.
CNL: 55.36 (+0.05)
Cleco and North American investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation near final stages of state regulatory approval process
Thomson Reuters ONE - Fri Oct 02, 3:18PM CDT
- Regulatory process strengthens transaction and improves broad commitments
CNL: 55.36 (+0.05)
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