Want to join the conversation?
O&M expenses grew $8.7MM or 1.5% in 2Q15 and $34.4MM or 3% in 1H15. YTD increase in O&M is mainly due to the timing of planned maintenance and overhauls at a number of $XEL's generation facilities. $XEL continues to expect the change in annual O&M expense for 2015 to be within a range of 0-2%, consistent with its annual guidance assumptions.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.