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 ...
Synfuel issues still dog TECO .
In a low-rate environment, this large, liquid ETF, which holds the biggest U.S. utilities firms, could offer some appeal.
Attractive growth opportunities can't cover up nosebleed valuations.
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