El Paso Electric News

A new parade route that will start and end near the corner of Picacho Avenue and north Main Street, and will travel south to north on Church and Water streets around what for years was unofficially called the "racetrack." The annual parade will continue it's traditional 9 p.m. start on July 3. parade from Solano Drive and Hadley Avenue to Church ... (more)

Walgreens has lost millions of dollars in prescription sales this year, and saw its second-quarter profit decline almost 8 percent because of its departure in January from Express Scripts -- the nation's largest network for filling drug prescriptions.

A number of other analysts have also recently weighed in on EE. Analysts at Jefferies Group cut their price target on shares of El Paso Electric to $34.50 in a research note to investors on Thursday.

The company's profit was $3.3 million, or 8 cents per share, in the first three months of the year -- a decline of $3.5 million, or 51.5 percent, compared with the same quarter in 2011.

El Paso Electric Co. said Wednesday that an increase in scheduled power plant maintenance in the first quarter cut its profit in half compared with a year ago.

Newly elected board members are Janet Aguilar, Wells Fargo Insurance; Analisa Cordova, Loretto Academy and president of the United Way Young Leaders Society; Juan De La Torre, International Union of Operating Engineers; Junius Gonzalez, University of Texas at El Paso; Crystal Long, GECU; Rosemary Marin, Scott Hulse; Bob Moore, El Paso Times; ... (more)