Allete: Merger Close Doubts Arise, But Buy Rating Maintained
Allete's merger is progressing, with all major approvals secured except for the Minnesota Public Utilities Commission (MPUC). The Minnesota Commerce Department now supports the merger, citing benef...
Allete quarterly profit drops on higher operating, interest expense
U.S. utility Allete posted a fall in second-quarter profit on Thursday, weighed down by lower industrial margins along with higher operating and interest expenses.
Allete Shares Enter Oversold Territory
In trading on Wednesday, shares of Allete entered into oversold territory, changing hands as low as $63.555 per share. We define oversold territory using the Relative Strength Index, or RSI, which ...
Allete, Inc.: 11% Return Beats A Bank For Short-Term Idle Cash
Allete's pending acquisition by CPP Investments and GIP at $67 per share offers a potential 11% annual return, assuming a mid-2025 close. Shareholders can benefit from continued dividends and a fix...
New Energy Equity completes development of 14 Public Storage projects in Minnesota
ROSEVILLE, M.N., Oct. 17, 2024 /PRNewswire/ -- New Energy Equity, national developer and financier of community and commercial solar projects, announces the successful completion of 14 Public Stora...
ALE INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Merger and August 21, 2024 Shareholder Vote of ALLETE, Inc.
NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognize...
URGENT UPDATE: The M&A Class Action Firm Investigates Merger and Looming Vote on August 21, 2024, of ALLETE, Inc. - ALE
NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Se...
New Strong Sell Stocks for May 7th
ALE, ASGN and BRSP have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2024.
New Strong Sell Stocks for April 17th
ASO, ALE and AMR have been added to the Zacks Rank #5 (Strong Sell) List on April 17, 2023.
ALLETE to Announce First Quarter Financial Results May 9
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 9, 2024. Following the release, ALLET...
Allete (ALE) Misses Q4 Earnings and Revenue Estimates
Allete (ALE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.90 per share a year ago.
Unlocking Green Power: Allete Is A Gem In The Utility Sector
ALLETE is a utility company with a strong focus on sustainability and clean energy, making it an attractive investment in the utility sector. The company has shown robust growth in revenues and EPS...
Allete: I Continue To Be Bullish On This Quality Business
ALLETE Inc's stock has underperformed the broader market, but it still presents a good long-term investment opportunity. The company is focusing on clean and renewable energy projects, particularly...
ALLETE to announce 2023 financial results on February 20
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for 2023 before the stock markets open on Tuesday, February 20, 2024. Following the release, ALLETE Chair,...
5 Low-Leverage Stocks to Buy on Rate Cut Expectations
The crux of safe investment lies in choosing a company that is not burdened with debt. This is because a debt-free stock is almost impossible to find.
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