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Idaho Samizdat: Nuke Notes
Dan Yurman covers political and economic news on nuclear energy and nonproliferation issues.
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Cameco in hunt for acquisitions
Proceeds from sale of stake in gold firm fuel drive for growth This report is based on an article in Fuel Cycle Week , V9N360, January 20, 2010, published by International Nuclear Associates, Washington, DC. Stock prices referenced in this article are in the currency of the country of origin and cited as of market close January 19, 2010. What will Cameco ( TSE:CCO ) do with the C$1.5 billion it has...
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Feb 01 2010, 08:23 AM
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Exelon exits growth through acquisition strategy
CEO John Rowe tells WSJ focus is on earnings Over at Atomic Insights Rod Adams has a long piece in which he tries to figure out what Exelon’s John Rowe is really doing about the nuclear renaissance. Adams has some strong opinions about where Rowe and Exelon are going. Right now the paradox is that Exelon ( NYSE:EXC ), as the nation’s largest nuclear utility, has no plans to build...
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Nov 02 2009, 10:55 AM
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Nuclear News Roundup for 03/01/09
Exelon to NRG: I have you in my clutches my dear Chicago-based Exelon ( NYSE:EXC ), which exemplifies the spirit of a city that will not take “no” for an answer, claims it now has 51%or a controlling interest in New Jersey-based NRG Energy ( NYSE:NRG ). Although, most of what Exelon wants isn’t in New Jersey. There NRG has two operating nuclear plants in Texas and two more that are...
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Mar 01 2009, 07:18 PM
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Exelon’s hostile takeover of NRG stalling out?
A big NRG shareholder says the all-stock deal isn’t worth it A major shareholder of NRG ( NYSE:NRG ), Solus Alternative Asset Management LP, based in New York, has balked at selling its stake in NRG to Exelon ( NYSE:EXC ) as part of that firm’s all-stock effort to take over the utility. It will likely slow down Exelon’s efforts to take over NRG. According to a report in the Chicago Tribune, Solus...
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Feb 08 2009, 03:05 PM
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