Tag / Juno

Subscribe

Juno

FPL Group to Rebrand as Next Era Energy

FPL Group Inc. has proposed to shareholders that its name be changed to NextEra Energy Inc., the Juno Beach, FL-based company said Friday.

March 22, 2010

FPL Group to Rebrand as Next Era Energy

FPL Group Inc. has proposed to shareholders that its name be changed to NextEra Energy Inc., the Juno Beach, FL-based company said Friday.

March 22, 2010

FPL’s 1Q2007 Profit Drops 40% on Commodity Hedging

Just days after the Bank of Montreal reported losses in the millions due to wrong-way natural gas bets, Juno Beach, FL-based FPL Group Inc. said last week that 1Q2007 earnings suffered from a net unrealized after-tax loss of $126 million associated with the mark-to-market effect of nonqualifying commodity hedges.

May 7, 2007

FPL’s 1Q2007 Profit Drops 40% on Commodity Hedging

Just days after the Bank of Montreal reported losses in the millions due to wrong-way natural gas bets, Juno Beach, FL-based FPL Group Inc. Monday said 1Q2007 earnings suffered from a net unrealized after-tax loss of $126 million associated with the mark-to-market effect of nonqualifying commodity hedges.

May 1, 2007

FPL Stays Positive Despite Sizeable Energy, Telecommunications Charges

Juno Beach, FL-based FPL Group Inc. said late last week that it is restructuring its wholesale energy and telecommunications businesses in response to current challenging market conditions. In connection with the announcement, FPL said it expects to take one-time, non-cash restructuring and other charges in the range of $140 million to $175 million after tax in the third quarter. Despite the charges, the company reaffirmed that it expects 2002 earnings of $4.70-4.75 per share, excluding nonrecurring items.

September 30, 2002