Pre-Market Review: Calpine Corp., Edison Intl., TECO Energy Inc., and SCANA Corp.
Pre-Market Review: Calpine Corp., Edison Intl., TECO Energy Inc., and SCANA Corp. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, October 22, 2013 LONDON, October 22, 2013 /PRNewswire/ -- The U.S. equity market closed on a mixed note on Monday, October 21, 2013; with the S&P 500 and the NASDAQ Composite posting marginal gains, while the Dow Jones Industrial Average ended slightly lower. Shares in the electric utilities industry ended on a negative note, even as the broader market fluctuated between gains and losses. Calpine Corporation (NYSE: CPN), Edison International (NYSE: EIX), TECO Energy Inc. (NYSE: TE), and SCANA Corporation (NYSE: SCG), were amongst the major movers. AAAResearchReports.com initiated preliminary technical research on CPN, EIX, TE, and SCG. These free reports are accessible by signing today at: http://www.aaaresearchreports.com/register/ Shares in Calpine Corp. lost 1.00% on Monday, reversing some of the gains from the previous trading session. The company's shares closed the day at $19.75, after oscillating between $19.66 and $20.08 during the trading session. A total of 2.61 million shares were traded, which is below the daily average volume of 2.68 million. The company's shares have gained 1.75% in the previous three trading sessions, outperforming the S&P 500 which has gained 1.34% during the same period. Additionally, Calpine Corp.'s stock is trading above its 50-day moving average of $19.37. The free technical analysis on CPN is available by signing up at: http://www.AAAResearchReports.com/CPN102213.pdf On Monday, shares in Edison International closed at $48.31, down 0.14% from their previous day's closing price of $48.38. The company's shares fluctuated between $48.07 and $48.50 during the trading session. A total of 0.86 million shares were traded, which is below the daily average volume of 1.80 million. Despite Monday's pullback, Edison International's stock has gained 4.98% in the previous one month and 2.40% in the last three trading sessions, compared to a gain of 2.03% and 1.34% in the S&P 500 during the respective periods. Further, the company's shares are trading above their 50-day and 200-day moving averages of $46.41 and $48.17, respectively. Register now to download free research on EIX at: http://www.AAAResearchReports.com/EIX102213.pdf TECO Energy Inc.'s stock declined on Monday, reversing all the gains from the previous trading session. The company's shares fluctuated between $17.01 and $17.22 before finishing the day 0.41% lower at $17.10. A total of 2.22 million shares were traded, which is above the daily average volume of 2.03 million. The company's shares have advanced 2.33% in the previous one month and 1.66% in the last three trading sessions, outperforming the S&P 500, which has gained 2.03% and 1.34% during the respective periods. Furthermore, TECO Energy Inc.'s stock is trading above its 50-day moving average of $16.73. A free report on TE can be accessed by registering at: http://www.AAAResearchReports.com/TE102213.pdf Shares in SCANA Corp. edged lower on Monday, even as the U.S. equity market fluctuated between gains and losses. The company's shares oscillated between $46.19 and $46.73 before finishing the day 0.32% lower at $46.43. A total of 0.44 million shares were traded, which is below the daily average volume of 0.62 million. The company's shares have advanced 1.93% in the previous three trading sessions, outperforming the S&P 500, which has gained 1.34% during the same period. Moreover, SCANA Corp.'s stock is trading below its 50-day and 200-day moving averages of $47.15 and $49.34, respectively. 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