Market Currents

• Friday, November 6, 2009

• 07:49 AM Mirant (MIR): Q3 EPS of $0.38 misses by $0.78. Revenue of $454M (-79.1%) vs. $734M. (PR) 1 Comment
• 00:05 AM Notable premarket earnings: AIG, BAM, BEXP, BX, EIX, FIG, MIR, NVAX, SNI, SU 1 Comment

• Friday, August 7, 2009

• 07:16 AM Mirant Corp. (MIR): Q2 EPS of $1.12 vs. consensus of $0.49 (may not be comparable). Revenue of $496M vs. $546M. (PR) Comment!
• 00:05 AM Notable earnings before Friday's open: ABK, AIG, AOB, ATPG, BAM, EIX, MGA, MIR, SNH, WCRX, XEC Comment!

• Friday, May 8, 2009

• 08:41 AM Mirant (MIR): Q1 EPS of $0.79 beats by $0.22. Shares +7.6% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Friday's open: EIX, EP, HUN, MDC, MIR, NXG, SAH, WIN, WR Comment!

• Friday, February 27, 2009

• 07:50 AM Mirant (MIR): Q4 EPS of $0.51 in-line. Revenue of $1.11B (+170.7%). (PR) Comment!
• 00:05 AM Notable earnings before Friday's open: BX, CDE, CSE, DRH, DT, ENDP, IPG, JRCC, MIR, PNX, WR, WTR Comment!

• Friday, November 7, 2008

• 07:36 AM Mirant (MIR): Q3 EPS of $1.17 beats by $0.09. (PR) Comment!

• Tuesday, September 23, 2008

• 05:13 AM Electricity generator Mirant (MIR) cancels the last $800M of its $4.6B stock buyback program to reserve funds for the possible development of a power plant in California. Comment!

• Monday, August 11, 2008

• 13:12 PM Calpine (CPN) +4.75% on better-than-expected earnings. Bloomberg's Edward Klump says Wall Street may have overcompensated for a weak economy's effect on independent power producers such as CPN, NRG, AES, MIR and DYN. Comment!

• Tuesday, May 27, 2008

• 10:16 AM Industry sources say power co. Calpine (CPN) will likely receive counter offers to NRG Energy's (NRG) $9.6B bid last week. Possibles: MIR, SYN, AES, PPL. Comment!