Investor News

CenterPoint Energy Reports Strong Third Quarter 2002 Earnings
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Oct 17, 2002
Houston, TX. - CenterPoint Energy, Inc. (NYSE: CNP), the new holding company for the regulated operations of the former Reliant Energy, Incorporated, today reported income from continuing operations before the cumulative effect of accounting change of $161 million, or $0.54 per diluted share for
CenterPoint Energy Remains Confident in Financing
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Oct 11, 2002
HOUSTON, TX - CenterPoint Energy, Inc. (NYSE: CNP) said today it remains confident in its strong business fundamentals and its ability to implement its financing plans despite Standard & Poor's decision to reduce the company's corporate credit rating by one notch, to BBB from BBB+.
CNP completes $4.7B credit facilities negotiation
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Oct 11, 2002
Houston, TX,- CenterPoint Energy Inc. (NYSE: CNP) announced today that it has successfully negotiated new, one-year credit facilities totaling $4.7 billion with a syndicate of 30 banks. The facilities replace similar facilities that expired yesterday.
CenterPoint Energy declares $.16 quarterly dividend
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Oct 02, 2002
HOUSTON, TX - The Board of Directors of CenterPoint Energy, Incorporated (NYSE: CNP), formerly Reliant Energy, Inc., today declared a regular quarterly cash dividend of $0.16 per share of common stock payable on December 10, 2002, to holders of record as of the close of business on November 15,
Reliant Energy Establishes Distribution Ratio
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Sep 24, 2002
HOUSTON, TX - On September 20, 2002, Reliant Energy, Incorporated (NYSE: REI) established 0.788603 as the distribution ratio for the previously declared distribution of Reliant Resources, Inc. (NYSE:RRI) common stock to the shareholders of Reliant Energy.
Reliant Energy Declares Special Stock Dividend
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Sep 05, 2002
HOUSTON, TX - The Board of Directors of Reliant Energy, Incorporated (NYSE: REI) today declared a special stock dividend through which Reliant Energy will spin off its interest in Reliant Resources, Inc. (NYSE:RRI) to its shareholders. Holders of record as of the close of business on September 20,
Reliant Energy Board Approves Spinoff of RRI
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Sep 05, 2002
HOUSTON, TX - The Board of Directors of Reliant Energy, Incorporated (NYSE: REI) today declared a special stock dividend through which Reliant Energy will spin off its interest in Reliant Resources, Inc. (NYSE:RRI) to its shareholders. Holders of record as of the close of business on September 20,
Reliant Energy Declares $0.16 Per Share Quarterly
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Aug 08, 2002
HOUSTON, TX - The Board of Directors of Reliant Energy, Incorporated (NYSE: REI) today declared a regular quarterly cash dividend of $0.16 per share of common stock payable on September 10, 2002, to holders of record as of the close of business on August 19, 2002.
Reliant Energy Receives Favorable Solvency Opinion
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Aug 08, 2002
Reliant Energy, Incorporated (NYSE:REI) announced that its board of directors has received favorable solvency opinions for both Reliant Energy and its 83 percent owned subsidiary, Reliant Resources, Inc. (NYSE:RRI), in connection with the anticipated spin-off of the shares of Reliant Resources to
Reliant Energy Receives Final Regulatory Approval
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Jul 31, 2002
HOUSTON, TX. - Reliant Energy, Incorporated (NYSE:REI) announced today that the Internal Revenue Service has issued a supplemental ruling confirming that the spin-off of Reliant Resources, Inc. (NYSE:RRI), its 83 percent owned subsidiary, will be tax-free to Reliant Energy and its shareholders

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