Itron News

The chief executive of organic supermarket chain Whole Foods Market Inc. is giving up his title of chairman, following years of petitioning by an activist shareholder to separate the two roles.

Itron Inc. President and CEO Malcolm Unsworth said at the United Nations Climate Conference in Copenhagen, Denmark, last week that expansion of the company's advanced utility meter technology into smart-grid applications has the potential to help reduce carbon emissions and improve power-system efficiency.

It'll cost $4.5 million to install a new water monitoring system for Abbotsford homes.

Itron Inc., a maker of meter readers and associated equipment, said Thursday that it will split the jobs of chairman and chief executive between two executives.

While world leaders slug it out over a new U.N. climate deal in Copenhagen, companies involved in smart grid technologies are attracting attention for their potential to cut emissions and costs.

Itron Inc. announced today that LeRoy Nosbaum will retire as Executive Chairman of the Board of Directors at the end of the year, concluding 13 years of service with Itron, including 8 years as Chairman.

The NASDAQ OMX Group, Inc. announced today the results of the quarterly reranking of the NASDAQ Q-50 Index , which will become effective with the market open on Monday, December 21, 2009.

AT&T has partnered with smart grid networking upstart Silver Spring Networks , the latest in a line of partnerships for the telecom giant as it seeks to provide communications for smart meter networks and other smart grid systems.

December 3, 2009 - 12:00 a.m. EST Itron employees make electricity meters at the company's West Union facilities.

Liberty Lake, WA, November 17, 2009 - Itron Inc. announced that Itron CEO Malcolm Unsworth has been elected to the Board of Governors of the National Electrical Manufacturers Association at the association's annual meeting November 13th in Scottsdale, Arizona.

As billions go into updating and fixing the nation's aging infrastructure, investors now have the opportunity to capitalize on the ambitious "smart grid" revolution with the use of a new sector-specific ETF.

The government is pouring billions into the technology. Cisco CEO John Chambers said it will be bigger than the internet .

Add car-charging to the list of capabilities smart meter maker Itron and demand response provider Comverge want to offer utilities.

Itron Inc. announced that Alabama's largest distributor of natural gas, Alabama Gas Corporation , has signed a contract for deployment of Itron's mobile automated meter reading to 500,000 gas meters.

Sequentric Energy Systems, LLC, today announced a Home Area Network hub with built-in Itron ERT reading functionality to provide consumers with energy use data and serve as a gateway to the Smart Grid.

I suspect that it won't be long before Wall Street realizes there are a number of small, alternative-energy pure plays that make tempting takeover targets for the corporate behemoths that are going to dominate in a carbon-constrained world outfits such as General Electric and Siemens .

BullMarket.com , an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with coverage on several smart-grid stocks, including Itron , Echelon , EnerNOC , and Comverge .

Last week, Warren Buffett bought the rest of Burlington Northern Santa Fe in part because of railroads' inherent ability to transport goods more efficiently than trucks.

Filed under: Launches , Industry , Entrepreneurs , Politics , Technology First off, what is smart grid technology? Smart grid technology allows two-way communication between a home or business and the utility company.

Liberty Lake energy meter and data company Itron Inc. posted a quarterly loss of $3 million, or 7 cents a share, compared to a profit of $5.6 million and 15 cents a share one year earlier.