New Mexico Regulators Approve TECO Energy ’s Acquisition of Gas Company
Attractive growth opportunities can't cover up nosebleed valuations.
TECO Energy's TE second-quarter results came in at $62.5 million, well below the $95.2 million seen in the second quarter of 2005. The primary driver for the year-on-year decline was synfuel-related. Teco's coal segment, which houses synfuel earnings, saw its earnings halved from $28.4 million to ...
With interest rates rising, will dividend yields keep utilities afloat?