Public Service Enterprise Group News

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy.

Dividend stocks are more attractive to investors these days due to the decline in interest rates and with the recent reduction in the tax rate on most dividends.

PS super schemes reveal true costs :: Devil of a review for Tassie PS :: AG's opens door on privacy changes :: MoneySmart website right on the money :: Libraries book into membership drive :: Dental improvements have kids smiling :: Bureau kicks goal with AFL program :: Immigration survey to lift veil on clients :: Defence audit finds vehicles ... (more)

BUYINS.NET: Market Maker Surveillance Report. KMB, RAI, S, CTL, PEG, NU, Bullishly Biased Price Friction For Friday, May 25th 2012 BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday.

Disability campaign to beat APS attitudes :: Needy to lap up unused laptops :: Online career tool for diverse staff :: Parks for sale to save the parks :: Infrastructure builds infrastructure site :: Indigenous awareness in train at DIAC :: Youth Parliament not kidding around :: Aboriginal workers are business' business :: Wake up call: Overcoming ... (more)

's stock had its "neutral" rating reaffirmed by Zacks in a research note issued on Thursday.

Redundancy fears as job cuts mount :: Airline fatigue rules a wake-up call :: Telecom watchdog to get more bite :: Attorney sentences courts to reform :: Indigenous focus for SBS TV :: US talks open up travel options :: Wash-up needed for water plans :: ACMA film shines in film awards :: Leading lights: What type of leader are you? :: Being ... (more)

Ex-Secretary pays out on performance pay :: Guide opens curtain on performance audits :: Retirees put faith in new Executive :: E-Government plugs into ICT awards :: Public hearings for security reforms :: Australia orients website to China :: Audit has answers to veterans' complaints :: Productivity report on school productivity :: Online training ... (more)

Richard Rebori, the plant manager, looks at an engine that similar to an aircraft engine, that powers one of the 6 new peak units.

's stock had its "buy" rating reaffirmed by research analysts at Jefferies Group in a report released on Friday.

The analysts wrote, "1Q12 operating earnings of $0.85 were above consensus and included $0.11 of non-recurring tax benefits arising from a settlement with the IRS.

Ralph Izzo - Chairman, Chief Executive Officer, President, Chairman of Executive Committee, Chairman of PSEG Power LLC, Chairman of Public Service Electric & Gas Company, Chief Executive Officer of PSEG Power LLC and Chief Executive Officer of Public Service Electric & Gas Company

Public Service Enterprise Group reported today Income from Continuing Operations and Net Income for the first quarter of 2012 of $493 million or $0.97 per share as compared to Income from Continuing Operations of $462 million or $0.91 per share in the first quarter of 2011.

More on Public Service Enterprise Group Q1 : net income -6.3% to $493M , operating income flat at $432M, op revenue -14% to $2.88B. Improvement at nuclear ops and lower costs helped PEG deal with warmer winter, lower demand and a collapse in gas prices.

Public Service Enterprise Group Inc posted a higher quarterly profit, helped by a better performance at its nuclear operations and lower costs, and the power company backed its full-year profit forecast.

Public Service Enterprise Group Inc's 1,174-megawatt Unit 1 at the Salem nuclear power plant in New Jersey shut Monday morning, a spokesman at the U.S. Nuclear Regulatory Commission said.