UIL Holdings (UIL) Misses Q4 EPS by 7c
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JPMorgan Upgrades UIL Holdings (UIL) to Neutral
February 27, 2015 7:07 AM ESTJPMorgan upgraded UIL Holdings (NYSE: UIL) from Underweight to Neutral with a price target of $52.00 (from $43.00).
For an analyst ratings summary and ratings history on UIL Holdings click here. For more ratings news on UIL Holdings click here.
Shares of UIL Holdings closed at $52.07 yesterday.
... MoreIberdrola US to Acquire UIL Holdings (UIL) for $52.75/Share in Cash and Stock
February 26, 2015 6:44 AM ESTIberdrola USA and UIL Holdings Corporation (NYSE: UIL) entered into a definitive agreement under which Iberdrola USA will acquire UIL and create a newly listed U.S. publicly-traded company. The agreement, which has been unanimously approved by both companies Boards of Directors, creates a leading, diversified power and utility company in the Northeast. UILs current President and Chief Executive Officer, James P. Torgerson, will become the companys CEO upon closing.
The proposed transaction implies total value per share to UIL shareholders of $52.75, including $10.50 per share paid in the form of cash,... More
