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Company Description

Currently, there's no company description for TAC.

Country: Canada

Wednesday, May 8, 12:19 PM TransAlta (TAC -0.2%) suspends its premium dividend program as a result of "the current low share price environment.” TAC also says it expects its Keephills Unit 1 power plant to return to service mid-June; the unit has been out of service since March when the company declared force majeure due to a generator problem. 1 Comment [Energy]
Tuesday, March 26, 9:33 AM TransAlta (TAC +0.5%) declares force majeure on its Keephills 1 power plant in Alberta due to a winding failure in the generator. TAC says it is working with the equipment manufacturer to return the unit to service and doesn’t expect the outage to have a material financial impact. Comment! [Energy]
Wednesday, March 13, 3:36 PM TransAlta Corporation (TAC -0.8%) announces the completion of its New Richmond Wind Facility located in the Gaspesie area of Quebec. The new facility adds 68 megawatts of renewable energy to the province's supply, enough to meet the needs of approximately 11K homes yearly. All of the power generated is under a 20-year contract with Hydro-Quebec Distribution. Comment! [Global & FX, Energy]
Wednesday, February 27, 7:57 AM TransAlta (TAC): Q4 EPS of C$0.21. Revenue of C$661M (-5.7% Y/Y). (PR) Comment! [Earnings, Breaking News]
Tuesday, January 29, 9:19 AM TransAlta (TAC) declares $0.29/share quarterly dividend, in line with previous. Forward yield 7.13%. For shareholders of record Mar. 01. Payable Apr. 01. Ex-div date Feb. 27. (PR) Comment! [Dividends]
Monday, January 28, 4:55 PM TransAlta Corporation (TAC) declares $0.29/share quarterly dividend, in line with previous. Forward yield 7.13%. For shareholders of record Mar. 01. Payable Apr. 01. Ex-div date Feb. 27. (PR) Comment! [Dividends]
Thursday, October 25, 2012, 11:03 AM TransAlta (TAC) declares $0.29/share quarterly dividend, in line with previous. Forward yield 7.38%. For shareholders of record Nov 30. Payable Jan 01. Ex-div date Nov 28. (PR) 2 Comments [Dividends]
Tuesday, September 4, 2012, 4:53 PM TransAlta (TAC) -3.1% AH after agreeing to acquire the 125 MW dual-fuel Solomon power station in western Australia from Fortescue Metals Group for $318M. TAC expects the acquisition to generate unlevered after-tax returns in the low double digits and pre-financing cash flows of ~$40M/year. Comment! [Energy, On the Move]
Wednesday, July 29, 2009, 7:52 AM The Microsoft (MSFT) / Yahoo (YHOO) search deal is official (PR). Details of the 10-year deal: Microsoft's Bing will power Yahoo search, while Yahoo takes over global sales for both companies’ premium search advertisers. No tie up on display ads. MSFT to pay YHOO traffic acquisition costs (TAC) of 88% of search revenue for first five years. Comment!

TAC TransAlta Corporation

TAC

TransAlta Corporation