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The case shows how easy it is for companies to manipulate regional transmission organization capacity auctions and underscores the need for stronger safeguards, said a consumer watchdog.
Dynegy shares fell 17 cents, or 2.9 percent, to close at $5.62 on Wednesday. If you purchase a product or register for an account through a link on our site, we may receive compensation.
Dynegy shares fell 12 cents, or 1.6 percent, to close at $7.40. The level hit depths below the $6.70 level, its 52-week low, and then started bouncing back along with the rest of the market.
Dynegy, an energy company, said Friday that it has agreed to sell itself to the Blackstone Group for $4.7 billion, including debt, in one of the largest leveraged buyouts of the year.
Dynegy Inc. is insisting on steeply cutting the price of the $23 billion rescue offer it made to energy trading competitor Enron Corp., as the companies' executives yesterday continued to hash out ...
Dynegy paid Yates’s initial invoice for $15, 000. Yates submitted his $105, 176 July bill in August, but Dynegy did not pay it until after trial in November.
Dynegy becomes the latest energy company engaged in a turnaround effort to ink critical bank deal. Reliant Resources got $6.2 billion in financing Monday.
Power provider Dynegy Holdings LLC has filed a new reorganization plan that could give greater recovery to junior bondholders than a prior plan and that takes into account a recent settlement with ...
Dynegy, which did not disclose the terms of the agreement, sold the business to 360networks Corp. John Sousa, a Dynegy DYN spokesman, said the details of the sale would be reported in the second ...
Dynegy Holdings LLC said a hedge fund manager's demand for public access to a scathing examiner's report into the company's prebankruptcy dealings should be denied, partly because there's no ...
Dynegy Inc., a power producer and trader, said third-quarter profit rose 62% to $286million, or 85 cents a share, on higher energy sales in the U.S. and Canada.
Dynegy's Chuck Watson is the second head of a big energy marketer to resign within a week — more evidence of the disarray sweeping the industry.
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