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Texas Genco hosts business overview conference call/webcast and provides 2003 earnings per share guidance Jan 27, 2003 |
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Houston, TX - January 27, 2003 - Texas Genco Holdings, Inc. (NYSE: TGN), a majority-owned subsidiary of CenterPoint Energy, Inc. (NYSE:CNP), will host a live webcast of its conference call on January 27, 2003, at 1:30 p.m. CST in which it will present a general overview of its business. Texas Genco, one of the largest wholesale electric companies ...
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CenterPoint Energy Sets Annual 2003 Meeting of Shareholders Jan 14, 2003 |
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Houston, TX - January 14, 2003 - CenterPoint Energy, Inc.'s (NYSE:CNP) Board of Directors announced that the Annual Meeting of Shareholders will be held on Wednesday, May 7, 2003, at 9 a.m. CDT in the CenterPoint Energy Plaza auditorium, 1111 Louisiana Street, Houston, Texas. Shareholders who hold shares of CenterPoint Energy as of March 10, 2003, ...
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CenterPoint Energy completes partial distribution of Texas Genco common stock Jan 6, 2003 |
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HOUSTON, TX - January 6, 2003 - CenterPoint Energy, Inc. (NYSE:CNP) today completed the distribution of approximately 19 percent of the 80 million outstanding shares of common stock of its wholly owned subsidiary, Texas Genco Holdings, Inc., to CenterPoint Energy shareholders. Texas Genco shares will begin trading under its new stock ticker symbol ...
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CenterPoint Energy Establishes Distribution Ratio for Texas Genco Jan 2, 2003 |
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Houston, TX - January 2, 2003 - On December 20, 2002 CenterPoint Energy, Inc. (NYSE:CNP) established 0.05 as the distribution ratio for the previously declared distribution of Texas Genco Holdings, Inc. common stock to the shareholders of CenterPoint Energy.
Accordingly, each CenterPoint Energy shareholder will receive one share of Texas...
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CenterPoint Energy States SEC Declares Texas Genco's Form 10 Registration Statement Effective Dec 11, 2002 |
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Houston, TX - December 11, 2002 - CenterPoint Energy, Inc. (NYSE:CNP) announced today that the Securities and Exchange Commission declared Texas Genco's Form 10 registration statement relating to its common stock effective under the Securities Exchange Act of 1934. Payment of the previously announced distribution of Texas Genco common stock to Cen...
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CenterPoint Energy Names Two New Board Members Dec 10, 2002 |
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HOUSTON, TX - December 10, 2002 - CenterPoint Energy, Inc. (NYSE:CNP) announced that two new members, Thomas F. Madison and Michael E. Shannon, have been elected to the company's board of directors effective January 8, 2003.
"We are extremely fortunate to add to our board two new members of such high caliber as Mr. Madison and Mr. Shanno...
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CenterPoint Energy Declares Partial Distribution of Texas Genco Common Stock Dec 5, 2002 |
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HOUSTON, TX - December 5, 2002 - CenterPoint Energy, Inc.'s (NYSE:CNP) Board of Directors approved the distribution of approximately 19 percent of the 80 million outstanding shares of common stock of its wholly owned subsidiary, Texas Genco Holdings, Inc., to CenterPoint Energy's shareholders. The stock distribution, expected to be paid on January ...
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CNP's Electric Utility Unit Closes $1.3 Billion Financing Nov 12, 2002 |
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Houston,TX - Nov. 12, 2002 - CenterPoint Energy, Inc. (NYSE: CNP) today announced that its electric utility subsidiary, CenterPoint Energy Houston Electric, LLC, has closed its previously announced $1.310 billion senior secured credit facility with Berkshire Hathaway (NYSE: BRK.A;BRK.B) and Credit Suisse First Boston.
CenterPoint Energy,...
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Berkshire Hathaway and Credit Suisse First Boston to Provide $1.3 Billion Financing to CenterPoint Energy's Electric Utility Unit Nov 8, 2002 |
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HOUSTON, TX - Nov. 8, 2002 - CenterPoint Energy, Inc. (NYSE: CNP) today announced that Berkshire Hathaway Inc. ("Berkshire Hathaway") (NYSE: BRK.A; BRK.B ) and Credit Suisse First Boston ("CSFB") have agreed to provide CenterPoint Energy Houston Electric, LLC, the company's electric utility subsidiary, with a $1.310 billion senior secured credit fa...
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CNP Remains Committed to Debt Reduction Nov 4, 2002 |
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HOUSTON, TX - Nov. 4, 2002 - CenterPoint Energy, Inc. (NYSE: CNP) today said that Moody's Investors Service's decision to reduce its credit ratings and the ratings of its gas distribution subsidiary from Baa2 to Ba1 will not affect the company's commitment to its ultimate goal of reducing its level of debt and increasing its financial flexibility, ...
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CenterPoint Energy Reports Strong Third Quarter 2002 Earnings Oct 17, 2002 |
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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 the third quarter of 2002. For the same period of 20...
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CenterPoint Energy Remains Confident in Financing Oct 11, 2002 |
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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+. The company continues to maintain investment-grade status.
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CNP completes $4.7B credit facilities negotiation Oct 11, 2002 |
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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.
"This is excellent news for CenterPoint Energy," said David M. McClanahan, president an...
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CenterPoint Energy declares $.16 quarterly dividend Oct 2, 2002 |
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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, 2002. This equates to an annual dividend of $0.64 per...
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Reliant Energy Establishes Distribution Ratio Sep 24, 2002 |
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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.
Holders of record of Reliant Energy common stock as of the close of business on Sep...
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Reliant Energy Board Approves Spinoff of RRI Sep 5, 2002 |
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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, 2002, will receive approximately 0.79 of...
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Reliant Energy Declares Special Stock Dividend Sep 5, 2002 |
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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, 2002, will receive approximately 0.79 of...
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Reliant Energy Declares $0.16 Per Share Quarterly Aug 8, 2002 |
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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. This equates to an annual dividend of $0.64 per share of common stock.
"We...
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Reliant Energy Receives Favorable Solvency Opinion Aug 8, 2002 |
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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 the shareholders of Reliant Energy. The opinions wer...
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Reliant Energy Receives Final Regulatory Approval Jul 31, 2002 |
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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 assuming the spin-off is completed within six months.
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