Hot Healthcare Technology Companies To Buy For 2015: NV Energy Inc(NVE)
NV Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric energy in Nevada. The company generates electricity from its gas, oil, and coal generating units. As of December 31, 2010, the company served approximately 830,000 electric customers primarily in Las Vegas, north Las Vegas, and Henderson and adjoining areas, including Nellis Air Force Base and the Department of Energy?s Nevada Test Site in Nye County. It also provides electricity in western, central, and northeastern Nevada comprising the cities of Reno, Sparks, Carson City, and Elko. In addition, the company distributes gas to approximately 151,000 customers in an area of approximately 800 square miles in Nevada?s Reno/Sparks area. It offers its services to residential and commercial customers, as well as to industries, including gaming/recreation, mining, warehousing/manufacturing, and other governmental entities. The company, formerly known as Sierra Pacific Resources, was founde d in 1906 and is headquartered in Las Vegas, Nevada.
Advisors' Opinion:- [By Chuck Saletta]
Speaking of dividends
Of the previously existing holdings in the portfolio, two paid their dividends last week: fast-food giant McDonald's (NYSE: MCD ) and electricity generator NV Energy (NYSE: NVE ) . McDonald's $0.77 per share added $12.32 to the iPIG portfolio's coffers and was the company's third consecutive quarterly dividend at that rate. NV Energy's $0.19 per share handed $15.96 to the iPIG portfolio and was the second quarterly payout at that level. - [By Chuck Saletta]
What happened?
The biggest news of the week for the iPIG portfolio came from none other than Warren Buffett. Buffett's Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ) announced on Tuesday that it was going tobuy out Nevada electric generator and iPIG pick NV Energy (NYSE: N! VE ) for $5.6 billion. Both because it'll be a cash buyout and because Berkshire Hathaway does not currently pay dividends, the iPIG portfolio will have to part ways with NV Energy, either at the acquisition or before.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-healthcare-technology-companies-to-buy-for-2015.html
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