February 10, 2010
(Gauging Corporate Financial Reports,
1/8/10)
Edison International (NYSE: EIX) earned $1.22 per share in the third quarter of 2009, down from $1.34 in the same quarter of last year.
On a non
-GAAP ("pro forma," "ex-items," or, Edison's...(read more)
(Green Chip Stocks,
12/18/09)
The California Public Utilities Commission announced yesterday that it has approved Southern California Edison's new transmission project that will build another 173 miles of new transmission line.
(Stock Blog Hub,
12/11/09)
Edison International (EIX) increased the quarterly dividend on its common stock from 31 cents per share to 31.5 cents per share. The higher dividend is payable on Jan 31, 2010,...(read more)
Edison International (EIX) Company Overview
Edison International (EIX) provides electricity to millions of customers around the nation. Southern California Edison (SCEDM), EIX's largest subsidiary by revenue, serves over 13 million people throughout Southern California,[1] while its other subsidiary, Edison Mission Group (EMG) sells electricity to other electric utility companies that have need of excess capacity. SCE and EMG, combined, own 14,000+ megawatts (MW) of electrical generation capacity.[2], enough electricity to power over 10 million homes.[3] Electric utility companies are under increasing legislative pressure to adopt cleaner electricity generation methods while maintaining competitive prices. Southern California Edison has been a leader in moving to cleaner sources of electricity generation with nearly 17 percent[4] of its energy mix coming from wind, solar, biomass, small hydropower and geothermal resources. SCE does not disappoint in the nuclear department either, with 17 percent of energy delivered to customers originating from a nuclear source.[5] (Read more at Wikinvest ) What's in this EIX analysis on Wikinvest...
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