UIL Holdings Corporation(UIL)- NYSE
  • Mon, Jan. 4, 9:02 AM
    • December monthly performance was: -3.11%
    • AUM of $1.15B
    • 52-week performance vs. the S&P 500 is: -7%
    • $0.31 in dividends were paid in December
    • Top 10 Holdings as of 11/30/2015: Vector Group Ltd (VGR): 1.82%, PBF Energy Inc Class A (PBF): 1.24%, UIL Holdings Corp (UIL): 0.96%, WGL Holdings Inc (WGL): 0.85%, B&G Foods Inc (BGS): 0.78%, Laclede Group Inc (LG): 0.76%, ALLETE Inc (ALE): 0.71%, SeaWorld Entertainment Inc (SEAS): 0.7%, Avista Corp (AVA): 0.67%, Theravance Inc (THRX): 0.66%
    | Mon, Jan. 4, 9:02 AM
  • Dec. 10, 2015, 8:22 AM
    • Connecticut's utilities regulator approved the $3B merger of UIL Holdings (NYSE:UIL) and Spanish energy company Iberdrola (OTCPK:IBDSF, OTCPK:IBDRY) late yesterday, permitting the deal to close this quarter.
    • The state's Public Utilities Regulatory Authority rejected the deal in a preliminary decision in July, saying the benefits for the public were not "tangible and sizable," but finally concluded that the application met its financial, managerial, technical and public interest requirements.
    | Dec. 10, 2015, 8:22 AM | 1 Comment
  • Dec. 1, 2015, 9:27 AM
    • November monthly performance was: +2.31%
    • AUM of $1.2B
    • 52-week performance vs. the S&P 500 is: -3%
    • $0.13 in dividends were paid in November
    • Top 10 Holdings as of 10/30/2015: Vector Group Ltd (VGR): 1.76%, PBF Energy Inc Class A (PBF): 1.05%, UIL Holdings Corp (UIL): 0.98%, WGL Holdings Inc (WGL): 0.87%, SeaWorld Entertainment Inc (SEAS): 0.81%, Laclede Group Inc (LG): 0.77%, B&G Foods Inc (BGS): 0.75%, ALLETE Inc (ALE): 0.71%, New Jersey Resources Corporation (NJR): 0.69%, Diebold Inc (DBD): 0.68%
    | Dec. 1, 2015, 9:27 AM
  • Nov. 17, 2015, 9:11 AM
    • The United Illuminating Company, a subsidiary of UIL Holdings (NYSE:UIL), has sealed an agreement with the town of Woodbridge, CT to build a state-of-the-art microgrid - powered by FuelCell (NASDAQ:FCEL) - which will ensure that critical municipal facilities have reliable power.
    • The FuelCell power plant will provide 2.2 megawatts of ultra-clean power to the electric grid under normal operation.
    | Nov. 17, 2015, 9:11 AM | 16 Comments
  • Nov. 2, 2015, 4:23 PM
    • UIL Holdings (NYSE:UIL): Q3 EPS of $0.28 misses by $0.01.
    • Revenue of $330.5M (+12.8% Y/Y) beats by $12.13M.
    | Nov. 2, 2015, 4:23 PM
  • Nov. 1, 2015, 5:35 PM
  • Oct. 27, 2015, 1:15 PM
    • UIL Holdings (NYSE:UIL) declares $0.432/share quarterly dividend, in line with previous.
    • Forward yield 3.42%
    • Payable Jan. 4; for shareholders of record Dec. 14; ex-div Dec. 10.
    | Oct. 27, 2015, 1:15 PM
  • Sep. 17, 2015, 6:54 PM
    • UIL Holdings (NYSE:UIL) and proposed merger partner Iberdrola (OTCPK:IBDSF, OTCPK:IBDRY) would pick up the entire $30M tab for cleaning up the long-idled, polluted English Station power plant in New Haven, in an agreement announced today by Connecticut's attorney general.
    • The agreement is separate from the merger approvals the companies are seeking from the state's utility regulator, whose members have said they cannot consider the cleanup as a condition of approving the merger, but the agreement is contingent on the merger securing all regulators' approvals.
    | Sep. 17, 2015, 6:54 PM
  • Sep. 14, 2015, 8:19 AM
    • UIL Holdings (NYSE:UIL) and Iberdrola (OTCPK:IBDSF, OTCPK:IBDRY) say they have reached an agreement in principle with Connecticut's Office of Consumer Counsel that would resolve the regulator's concerns with the companies pending merger application, if agreement can be reached with other parties concerning English Station in New Haven.
    • Iberdrola agreed in February to buy UIL as part of an expansion plan in the U.S., but Connecticut regulators rejected the $3B deal, saying the benefits for the public were not "tangible and sizable"; federal regulators already have approved the takeover.
    | Sep. 14, 2015, 8:19 AM
  • Aug. 14, 2015, 6:11 PM
    • David Einhorn's Greenlight Capital took a 5.4M-share position in Hertz (NYSE:HTZ) in Q2, per Greenlight's latest 13F. Einhorn also took a 4.3M-share position in Owens-Illinois (NYSE:OI), a 3.6M-share position in Michael Kors (NYSE:KORS), and a 5M-share position in UIL Holdings (NYSE:UIL).
    • Einhorn upped his GM position by over 50% to 14.6M shares - Greenlight bought back into GM in Q1 - and hiked his stake in Micron by over 10% to 37.9M. A 4.5M-share position in Agilent spinoff Keysight Technologies (NYSE:KEYS) was liquidated.
    • OI +1.6% AH.
    | Aug. 14, 2015, 6:11 PM | 31 Comments
  • Aug. 5, 2015, 4:17 PM
    • UIL Holdings (NYSE:UIL): Q2 EPS of $0.28 misses by $0.01.
    • Revenue of $312M (-6.8% Y/Y) misses by $27.75M.
    | Aug. 5, 2015, 4:17 PM
  • Aug. 4, 2015, 12:12 PM
    • UIL Holdings (NYSE:UIL) declares $0.432/share quarterly dividend, in line with previous.
    • Forward yield 3.59%
    • Payable Oct. 1; for shareholders of record Sept. 16; ex-div Sept. 14.
    | Aug. 4, 2015, 12:12 PM
  • Jul. 7, 2015, 10:51 AM
    • UIL Holdings (UIL +2.9%) pops after an SEC filing shows it and Iberdrola (OTCPK:IBDSF, OTCPK:IBDRY) will submit a new application to Connecticut's Public Utilities Regulatory Authority regarding their merger.
    • The companies say they will file a new application for a change of control of UIL in a manner they believe addresses the points and guidance included in the state's rejection of their proposed merger.
    • In its decision, the regulator had said a lack of certain corporate safeguards could "weaken" the Connecticut utilities.
    | Jul. 7, 2015, 10:51 AM
  • Jun. 30, 2015, 3:42 PM
    • UIL Holdings (UIL -3.7%) tumbles as Connecticut regulators rejected its proposed merger with the U.S. operations of Iberdrola (OTCPK:IBDSF,OTCPK:IBDRY).
    • The state Public Utilities Regulatory Authority says in a draft decision that although Iberdrola has the technical experience and financial resources to complete the merger, the lack of certain corporate safeguards could "weaken" the Connecticut utilities.
    • The transaction was announced in February and was still subject to regulatory and UIL shareholder approvals.
    | Jun. 30, 2015, 3:42 PM
  • May 12, 2015, 3:29 PM
    • UIL Holdings (NYSE:UIL) declares $0.432/share quarterly dividend, in line with previous.
    • Forward yield 3.54%
    • Payable July 1; for shareholders of record June 15; ex-div June 11.
    | May 12, 2015, 3:29 PM
  • Apr. 30, 2015, 4:49 PM
    • UIL Holdings (NYSE:UIL): Q1 EPS of $1.12 misses by $0.07.
    • Revenue of $584.05M (+2.3% Y/Y) misses by $39.83M.
    | Apr. 30, 2015, 4:49 PM | 1 Comment