EdgeWater 12/28/2010 11:21:37 PM
News / Business

Utility Stocks Closed Mixed (EIX, PGN, SO, CIG)

Utility Stocks Closed Mixed

Edison International (NYSE:EIX) surged 0.62% to $38.94. Edison International is the holding company for Southern California Edison Company (SCE), a California public utility corporation; Edison Mission Energy (EME), an independent power producer, and Edison Capital, an infrastructure finance company.

The stock has average daily volume of 2.20 million shares. At current market price, the market capitalization of the company stands at $12.69 billion.

Progress Energy, Inc. (NYSE:PGN) ended at $43.50. Progress Energy, Inc. (Progress Energy) is a holding company primarily engaged in the regulated electric utility business.

The stock opened at $43.47 and was trading within the range of $43.36-$43.63. The stock went up more than 6% year-to-date.

The Southern Company (NYSE:SO) surged 0.05% to $38.28. The stock has a 52-week range of $30.85-$38.62.

The stock has average daily volume of 3.24 million shares. At current market price, the market capitalization of the company stands at $32.10 billion.

Companhia Energetica Minas Gera is (ADR) (NYSE:CIG) fell 0.56% to $15.96. Companhia Energetica de Minas Gera is (CEMIG) is a Brazil-based electric utilities company.

The stock opened at $15.96 and is trading within the range of $15.85-$16.13. The stock fell almost 2% year-to-date.

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