Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

TrustPower Reaches 3-Year High on Wind Project: Wellington Mover

By Chris Bourke - 2012-05-08T05:09:45Z

TrustPower Ltd. (TPW), a New Zealand electricity retailer, rose for a fifth day to the highest in almost three years after securing a major expansion for its Australian wind farm.

The Tauranga-based company on May 2 said it signed a power sale and purchase agreement with Origin Energy Ltd. (ORG) for the output from a planned wind farm next to its existing Snowtown site near Adelaide in South Australia. TrustPower stock rose to NZ$7.95 today, the highest since May 27, 2009.

TrustPower, which is majority owned by Wellington-based Infratil Ltd. (IFT), is seeking a co-investor for the project, to be called the Snowtown II Wind Farm, it said last week. The cost of the total development is about A$570 million ($581 million), Deutsche Bank AG analysts estimated in a report.

TrustPower shares rose 5 cents, or 0.7 percent, to NZ$7.65 at the 5 p.m. close in Wellington. They earlier gained as much as 4.6 percent, the biggest advance since February 2008.

To contact the reporter on this story: Chris Bourke in Wellington at cbourke4@bloomberg.net

To contact the editor responsible for this story: Chris Bourke at cbourke4@bloomberg.net

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