HOUSTON (CBS. MW) - Dynegy shares hit new lows but then rebounded Monday after the embattled energy trading firm tossed out its financial guidance, fired auditor Andersen and set plans to restructure ...
Independent power producer Dynegy Inc. said on Friday it will pay over $2 billion for the power plants of private equity fund LS Power Group, fulfilling a long-time goal to expand its generating fleet ...
HOUSTON, March 25 -- A federal judge ordered a 24-year prison sentence Thursday for a former Dynegy Inc. executive in an accounting fraud case that fell under tough new punishment rules aimed at ...
Beleaguered energy merchant Dynegy Inc. may be forced into bankruptcy if it can't renegotiate debt agreements with banks next year, the company said in regulatory filings. The company has restated ...
After some delay, Dynegy Inc. plans this week to close the multibillion-dollar purchases it announced last August to bolster power generation capacity and add to its retail offerings. After some delay ...
The energy-trading business, poisoned by scandals that followed the collapse of Enron Corp., suffered another casualty yesterday as Enron's former Houston rival, Dynegy Inc., announced it was closing ...
Dynegy, Inc. contends that this provision bars the current suit because both the fraudulent inducement and breach of contract claims against it are based on an oral promise to an attorney to pay the ...
HOUSTON, Nov. 9, 2001 — Dynegy and Enron Corp. raised investors’ hopes late Friday with the announcement of a merger agreement between the two companies. Also Friday, Enron’s long-term bonds rallied ...
Dynegy reached a tentative deal Tuesday to eliminate a potential roadblock -- a $1.5 billion obligation to ChevronTexaco Corp. -- to its turnaround and unveiled other steps to improve its balance ...
IRVING, Texas, July 14, 2021 /PRNewswire/ — Dynegy ranked No.1 in overall excellence, price competitiveness, and ease of doing business, as part of Energy Research Consulting Group’s (ERCG) national ...
[PITTSBURGH, PA – January 12, 2021] — Dollar Energy Fund's Cool Down for Warmth, powered by Dynegy, will host its 7th annual event virtually to raise funds and awareness for those in our region who ...
Former Dynegy executive Jamie Olis, convicted of securities fraud last year, was sentenced today to 292 months, or more than 24 years, in prison by U.S. District Judge Sim Lake. Olis, 38, was ...