Consolidated Edison, Inc. has been experiencing a flurry of activity. Multiple financial conferences are scheduled by top officials from the company for
September and
October 2024. On the other hand,
Q2 earnings of the company
surpassed estimates, and a common stock
dividend declaration was made. Meanwhile, Raymond James & Associates increased their holdings in the company, while Allspring Global Investments Holdings, LLC lowered theirs. Next,
tax-exempt debt was redeemed, and significant
institutional ownership was noted. Moreover, there were calls for an investigation into Con Edison pricing and announcement of a
clean energy future presentation webcast in October. Conflicts arose with contractors demanding fair cuts and customer billing systems skyrocketed. A leadership transition occurred with the announcement of
Robert Hoglund's retirement, with Kirkland Andrews stepping in as the new CFO. Lastly, the company successfully averted a potential union-worker strike and granted free appliances through a generous program, and yet, allegations of price gouging and soaring delivery fees persist.
Consolidated Edison ED News Analytics from Mon, 15 Jan 2024 17:45:58 GMT to Sat, 26 Oct 2024 07:52:56 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
