Commodities Dashboard - September 21, 2012

September 21, 2012 13:13 by David Patterson in Agriculture, Economy  //  Tags: , , , , ,   //   Comments (0)
The following is the Commodities Dashboard for September 21, 2012.          

Bond Market Dashboard - September 14, 2012

September 17, 2012 09:39 by David Patterson in Financing  //  Tags: ,   //   Comments (0)
The following is the Bond Market Dashboard for September 14, 2012.  

Tennessee Valley Authority (TVA) Issued 10 Year Global Power Bonds at 1.875%

September 14, 2012 10:08 by David Patterson in Financing  //  Tags:   //   Comments (0)
According to TVA's Form 8-K, TVA entered into an agreement to issue $1.0 billion of its 1.875% Global Power Bonds 2012 Series A Due August 15, 2022.  To view the full Form 8-K, click here.

Utility Market - September 7, 2012 Dashboard

September 7, 2012 16:04 by David Patterson in Economy, Financing, M&A  //  Tags: ,   //   Comments (0)
The following is the Utility Market Dashboard for September 7, 2012.

Economy - August 31, 2012 Dashboard

September 4, 2012 10:18 by David Patterson in Economy  //  Tags: , , , ,   //   Comments (0)
The following is the Economic Dashboard for August 31, 2012.  

Commodities - Energy, Agriculture & Construction

The following charts are CCCA's dashboard for Energy, Agriculture, and Construction commodities.              

NRG Energy, Inc. Signed a $1.7 Billion Definitive Agreement to Acquire GenOn Energy, Inc.

August 27, 2012 16:09 by David Patterson in M&A  //  Tags: ,   //   Comments (0)
NRG Energy, Inc. ("NRG") signed a definitive agreement to acquire GenOn Energy, Inc. ("GenOn") on July 22, 2012.  According to the transaction, GenOn shareholders will receive 0.1216 of a share of NRG common stock in exchange for each GenOn share of common stock.  This represents... [More]

Discounting of Capital Credits of Deceased Members Upheld in North Carolina

August 24, 2012 16:50 by David Patterson in Cooperatives  //  Tags:   //   Comments (0)
The North Carolina Business Court held that electric cooperates may discount capital credits of deceased members when there is a request for early capital credit retirement. For additional information read the Sutherland Legal Alert, or the full court order is here.

Interest Rates

August 24, 2012 14:24 by David Patterson in   //  Tags:   //   Comments (0)
Interest rates over the last month have been impacted by the ongoing European financial crisis and speculation on the Fed's next moves. There appears to be a growing anticipation of the Fed announcing Quantitative Easing 3 ("QE3") this fall or early winter.  There is still d... [More]

Utility Market

August 10, 2012 17:18 by David Patterson in M&A  //  Tags: ,   //   Comments (0)
The Dow Jones Utility Average (“DJU”) had its ups and downs during the last 5 weeks, closing at 485.14 on August 10, 2012, up 1.4% over the July 6, 2012 close of 478.43.  At one point the DJU made a run at 500, reaching an intraday high of 498.84.  The 50 and 200 day moving ave... [More]

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