first_imgNorthstar Vermont Yankee,Entergy Corporation reported fourth quarter 2010 earnings of $1.26 per share on an as-reported basis, compared to the same period last year of $1.64. For year-end 2010, earnings were $6.66 versus $6.30 for 2009. Entergy is the parent company of the Vermont Yankee nuclear power plant in Vernon. SEE FULL REPORT HEREOperational Earnings Highlights for Fourth Quarter 2010â ¢ Utility results were lower due to an increase in non-fuel operation and maintenance expense.â ¢ Entergy Wholesale Commodities earnings decreased as a result of lower net revenue and a higher effective income tax rate, partially offset by a gain on sale of an investment.â ¢ Parent & Other results declined due to several individually insignificant items including higher interest expense.‘Once again our businesses delivered strong operational performance and for the sixth year in a row we achieved record operational earnings per share,’ said J. Wayne Leonard, Entergy’s chairman and chief executive officer. ‘Our efforts in 2010 have positioned us for future success. The Utility’s regulatory progress, including rate case settlements in Arkansas and Texas, and future opportunities for productive investments provide one of the best growth stories in the industry. The execution of the reorganization to establish Entergy Wholesale Commodities further enhances our focus on license renewal efforts. And as EWC faces challenging power markets, we are largely hedged in the upcoming years to provide certainty in a bearish environment.’Entergy’s business highlights include the following:â ¢ The Staff of the Nuclear Regulatory Commission issued its final supplemental environmental impact statement for Indian Point’s proposed 20-year license renewal, concluding that there are no environmental impacts that would preclude license renewal for an additional 20 years of operation.â ¢ The Public Utility Commission of Texas unanimously approved the Entergy Texas rate case settlement.â ¢ In January, Entergy Louisiana received the remaining regulatory approval from the Louisiana Public Service Commission for its proposed acquisition of the Acadia Unit 2 power plant paving the way for a first quarter 2011 closing.last_img read more

first_img FacebookTwitterLinkedInEmailPrint分享Dow Jones:Norway’s sovereign-wealth fund said on Thursday it may stop buying oil and gas stocks, a move that would deprive the energy sector of investment from a $1 trillion asset manager.The Norwegian central bank, which uses the fund to invest the proceeds of the country’s oil industry, said that investing money back into the energy sector amplifies the government’s exposure to the price of crude, particularly given the country’s majority stake in Statoil ASA.Oil and gas equities currently account for around 6% of the Government Pension Fund Global’s benchmark index, or just more than 300 billion Norwegian kroner ($36.49 billion).The Stoxx Europe 600 Oil & Gas index drifted lower on the news of the potential divestment, before recovering. Shares in Statoil fell by as much as 1%. The fund also owns large stakes in most of the world’s oil majors, including a 0.92% stake in Chevron Corp., a 0.82% stake in Exxon Mobil Corp., 1.65% in BP PLC and 2.23% in Royal Dutch Shell PLC as of the end of 2016.“An orderly divestment process over a period of time won’t significantly impact share prices,” said Jefferies analyst Jason Gammel.Norges Bank, the central bank, made the proposal to Norway’s Ministry of Finance on Thursday, saying that, given its size, the fund accounts for an increasingly large share of the nation’s wealth and is an integral part of government fiscal policy. That means that the vulnerability of government wealth to a permanent drop in oil and gas prices would be reduced if the fund pulled out of the stocks in that sector, Norges Bank said.More: Norway Considers Pulling Its $1 Trillion Wealth Fund Out of Oil Stocks $1 Trillion Norwegian Fund Weighs Dropping Oil and Gas Stockslast_img read more

first_imgThere were two plays on Saturday that ended with a very animated Steve Ishmael in back-right corner of the far Carrier Dome end zone.The first came on the first drive of the game. The Orange had gone from its own 19 to the Pittsburgh 33 in just four plays. On fourth and one, after drawing the defense offsides, quarterback Eric Dungey lofted a pass to Ishamel who reeled it in. He got up and started celebrating on the sideline only to look at the referee in disbelief shortly after. The call was offensive pass interference and the touchdown was negated.The Orange offense didn’t bounce back from that for nearly the entire quarter. There was a stretch of four three-and-outs in five possessions. SU’s first possession went for 73 yards. The next six combined for 74. Running back Dontae Strickland only had four carries in the first half.Slow first halves have plagued Syracuse in each of the past two weeks, both losses at Louisiana State and North Carolina State. Head coach Dino Babers stressed both times that it’s something the Orange would need to correct, trying to do things differently to prevent a repeat performance.“We really changed up practice, we tried to do some different things,” Babers said. “We tried to lead with the pass, not with the run, to see if we could loosen it up and it still took us a little time to get going.”AdvertisementThis is placeholder textSyracuse (3-3, 1-1 Atlantic Coast) didn’t really correct that trend. It was sitting on three points for nearly the entire first half. But a late, 93-yard touchdown drive before the half ended gave SU its first sign of life, and it carried that into the second half in an eventual 27-24 win over Pittsburgh (2-4, 0-2).Both the Syracuse fans and players seemed lifeless in a first half that featured miserable first half performances. On one Pitt third down midway through the second quarter, the normally rowdy Syracuse sideline stood mostly motionless while a crowd that’s normally raucous on those downs struggled to get excited.Just like the last two weeks, though, things changed in the second half. Dungey started finding more running room, picking up yards himself. Ravian Pierce, who was barely involved in the first half, climbed his way up to the top of the Orange’s receptions and receiving yards list for the game. Strickland got 21 second-half carries, wearing out and gaining yardage against the Pitt defense, helping make other downs more manageable.Colin Davy | Staff Photographer“We always feel like we have it,” wide receiver Ervin Philips said. “We just feel like we’ve got to get going … we’ve got to start fast.”There was an injury timeout with 13:01 left in the fourth quarter. While trainers were on the field and play was stopped, a “Let’s Go Orange” chant broke out that was arguably the loudest the Carrier Dome had been all season. Orange players who had just been milling about beforehand started eagerly pumping up the crowd.Ishmael’s second catch in the back-right corner of the far end zone came later in that same drive. This time he was matched up Panthers cornerback Phillipie Motley. And this time, the pass interference was called was against the defense.But that didn’t matter to Ishmael. He turned his body toward the ball and got in front of Motley, catching it right outside the end zone and then falling back in for a touchdown. He high-stepped, pumped his hands and let out a few roars of delight. It was the score that would put SU up for good.“I felt like I really wanted to signal it to the ref as well,” Ishmael said. “I scored the touchdown, you can’t take away this one.”It wasn’t the most impressive performance of the season for SU. Dungey finished 33-for-49 with 365 yards and two passing touchdowns, and added 48 yards and a score on the ground. He said that the team should have made it easier for itself and put the game away sooner.Syracuse will need to rectify those mistakes if it wants to compete with defending national champion, No. 2 Clemson, next week in the Carrier Dome. The Orange knows the level it has to play at to compete with the best teams, it just needs to make sure it can reach it.“Once we got going,” Babers said, “we were a sight to see.” Comments Facebook Twitter Google+ Published on October 7, 2017 at 4:15 pm Contact Tomer: tdlanger@syr.edu | @tomer_langerlast_img read more

first_imgTunisia coach Sami Trabelsi has quit following his team’s failure to progress past the Africa Cup of Nations group stage.The Tunisian Football Federation (FTF) said it had accepted a request from the 45-year-old coach to terminate his contract.The Carthage Eagles finished third in Group D behind Togo and ahead of North African rivals Algeria.Three possible candidates have been identified as Trabelsi’s successor.The three are Nabil Maaloul, who led Esperance to the African Champions League title in 2011, Khaled Ben Yahia and Maher Kenzari.The FTF said a decision would be taken in the coming days, after the leading candidates had been interviewed. Tunisia started well in South Africa with a 1-0 win over the Desert Foxes, before defeat to group winners Ivory Coast and a 1-1 draw with the Togolese consigned them to an early exit.Trabelsi – who was appointed coach in March 2011 – had led the Carthage Eagles to the last eight at last year’s finals in Equatorial Guinea and Gabon, before being knocked out by Ghana.He becomes the first coaching casualty of this year’s Nations Cup finals.last_img read more