Entergy Corporation (NYSE:ETR) slid 0.21% to $75.24. The company said Thursday it’s considering the sale of its Vermont Yankee nuclear plant, a 605-megawatt generating station in Vernon, Vt. Entergy bought the 650-employee plant in 2002 from Vermont Yankee Nuclear Power Corp. for a price of $180 million. Entergy said it’s been resolving issues to secure Nuclear Regulatory Commission approval for a license extension at the plant. It’s also in talks with local electric companies for a long-term power purchase agreement. Entergy said it may sell the plant in order to “do whatever is in the best interest of our stakeholders.” The stock went down more than 9% year-to-date. Ross Stores, Inc. (NASDAQ:ROST) went up 0.33% to $63.84. The company estimated on Thursday that fiscal third-quarter earnings would rise 20% to 21%, to $1.01 to $1.02 a share from 84 cents in the year-earlier period. For the quarter ended Oct. 30, sales rose 7.5% to $1.87 billion, with same-store sales up 3%. A survey of analysts by FactSet Research was estimating profit of 92 cents a share on sales of $1.84 billion. For October, same-store sales rose 4%, while a survey of analysts by Thomson Reuters was looking for a rise of 0.8%. Total sales for the month rose 7.7% to $600 million. Saks Incorporated (NYSE:SKS) added 0.68% to $11.86. The company said Thursday its October same-store sales increased by 8.1%, ahead of the forecast of 2% in a survey of analysts by Thomson Reuters. Saks said its total sales rose to $233.9 million from $219.9 million.
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Friday, November 5, 2010
Stocks To Track (ETR, ROST, SKS)
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