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All Releases
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ALLETE Board of Directors declares dividend on common stock
07/21/2010
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9.8 KB |
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DULUTH, Minn. - ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 44 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.76 per share, unchanged from the previous quarter.
The regular quarterly dividend is payable September 1 to common stock shareholders of record at...
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ALLETE to announce second quarter financial results August 4
07/14/2010
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DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter of 2010 before the stock markets open on Wednesday, August 4, 2010.
Following the release, ALLETE President and Chief Executive Officer Alan R. Hodnik and Chief Financial Officer Mark A. Schober will present an overview of results for the sec...
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North Dakota praised as 'energy-rich and energy-friendly' at groundbreaking for new Minnesota Power wind facility
06/17/2010
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NEW SALEM, N.D. - Five and a half months after buying a dedicated transmission line to transmit renewable energy eastward, Minnesota Power, an ALLETE company (NYSE: ALE), is constructing its first wholly-owned wind farm in North Dakota.
A symbolic groundbreaking attended by Gov. John Hoeven, nearby landowners, regulators, government of...
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ALLETE reports first quarter 2010 earnings of 68 cents per share
04/30/2010
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ALLETE, Inc. (NYSE: ALE) today reported first quarter 2010 earnings of 68 cents per share, which compares to 55 cents per share reported in the first quarter of 2009. Last year's results were reduced by $3.2 million after-tax, or 10 cents per share, representing the 2008 portion of interim rate refunds. Excluding that charge, earnings per share ...
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ALLETE Board of Directors declares dividend on common stock
04/21/2010
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9.8 KB |
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DULUTH, Minn. - ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 44 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.76 per share, unchanged from the previous quarter.
The regular quarterly dividend is payable June 1 to common stock shareholders of record at ...
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ALLETE to announce first quarter financial results April 30
04/14/2010
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9.8 KB |
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DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter of 2010 before the stock markets open on Friday, April 30, 2010.
Following the release, ALLETE Chairman and CEO Donald J. Shippar, President Alan R. Hodnik and Chief Financial Officer Mark A. Schober will present an overview of results for t...
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ALLETE to ring closing bell at New York Stock Exchange Wednesday
03/01/2010
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ALLETE, Inc. (NYSE: ALE) and its executive team will help celebrate 60 years of listing on the New York Stock Exchange Wednesday at 3 p.m. Central Time by ringing the closing bell at the NYSE in lower Manhattan.
At the invitation of the stock exchange, six ALLETE officials will participate in the closing bell ceremony beginning about 2:5...
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ALLETE reports 2009 earnings
02/12/2010
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304.1 KB |
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ALLETE, Inc. (NYSE: ALE) today reported 2009 earnings of $1.89 per share, compared with 2008 earnings of $2.82 per share. Net income was $61 million on operating revenue of $759.1 million in 2009, versus net income of $82.5 million and operating revenue of $801 million in 2008. ALLETE's 2009 financial results reflected a $4.9 million, or 15 ce...
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ALLETE CEO Don Shippar announces retirement; Alan R. Hodnik named successor
02/08/2010
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Duluth, Minn. - ALLETE, Inc. (NYSE:ALE) announced today that after 33 years with the company, ALLETE Chairman and Chief Executive Officer Don Shippar will retire effective April 30, 2010. The company's board of directors today selected Alan R. Hodnik, current president of ALLETE, to succeed Shippar as the company's CEO, effective May 1, 2010. S...
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ALLETE Board of Directors Declares Dividend on Common Stock
01/21/2010
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9.5 KB |
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DULUTH, Minn. - The ALLETE, Inc. (NYSE: ALE) Board of Directors has declared a quarterly dividend of 44 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.76 per share, unchanged from the previous quarter.
The regular quarterly dividend is payable March 1 to common stock shareholders of record at th...
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ALLETE to Announce 2009 Financial Results on February 12
01/20/2010
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9.7 KB |
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DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2009 before the stock markets open on Friday, February 12, 2010.
Following the release, ALLETE Chairman and CEO Donald J. Shippar, President Alan R. Hodnik and Chief Financial Officer Mark A. Schober will present an overview of results and discuss other factors...
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Minnesota Power Reaches Milestone in Renewable Energy Efforts with Purchase of Interstate Transmission Line
01/04/2010
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Duluth, Minn.-Minnesota Power, an ALLETE company (NYSE: ALE), has finalized the purchase of a 465-mile transmission line, signaling a new era of renewable energy transport and development for the Company.
For approximately $70 million, Minnesota Power has acquired a 250-kilovolt line connecting Center, N.D. with its Arrowhead Substation ...
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Minnesota Power Requests Rate Increase To Support Infrastructure and Environmental Improvements
11/02/2009
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Duluth, Minn.-To support a stronger electric system and a healthier environment for its customers in Northeastern Minnesota, today Minnesota Power asked for an $81 million net increase in electric retail rates. New rates approved by the Minnesota Public Utilities Commission are expected to go into effect in 2011. The company has requested that i...
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ALLETE Reports Third Quarter 2009 Earnings
10/30/2009
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DULUTH, Minn. - ALLETE (NYSE: ALE) today reported third quarter 2009 earnings of 49 cents per share, compared with 85 cents in the same period a year ago.
Net income in the third quarter of 2009 was $16.0 million on operating revenue of $178.8 million, compared with net income of $24.7 million and revenue of $201.7 million in the third q...
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ALLETE Board of Directors Elects Former Westar Energy CEO
10/22/2009
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Duluth, Minn., ALLETE, Inc. (NYSE:ALE) announced today that James S. Haines, Jr. has joined ALLETE's board of directors.
Haines, a former CEO of two publicly traded utilities, is widely recognized in the energy industry for his leadership skills both in the board room and regulatory arena. He was elected by ALLETE'S Board of Directors a...
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ALLETE Board of Directors declares dividend on common stock
10/22/2009
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9.8 KB |
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DULUTH, Minn. - The ALLETE, Inc. (NYSE: ALE) Board of Directors has declared a quarterly dividend of 44 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.76 per share, unchanged from the previous quarter.
The regular quarterly dividend is payable December 1 to common stock shareholders of record...
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ALLETE's third quarter earnings release and conference call October 30
10/15/2009
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DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended September 30, 2009 with a news release scheduled to be issued before the market opens on Friday, October 30, 2009.
Following the release, ALLETE Chairman and CEO Donald J. Shippar, President Alan R. Hodnik and Chief Financial Officer Mark A. S...
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Minnesota Power to file rate case supporting greater reliability, improved environmental performance and new renewable projects
08/05/2009
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Duluth, MN- To meet the future energy needs of its customers and state-mandated environmental and renewable goals, Minnesota Power today announced its intention to file a request with the Minnesota Public Utilities Commission (MPUC) before the end of the year to increase base electric retail rates.
Minnesota Power, an ALLETE (NYSE:ALE) ...
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ALLETE reports second quarter earnings
08/05/2009
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92.8 KB |
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Duluth, Minn. - ALLETE, Inc. (NYSE: ALE) today reported second quarter 2009 earnings of 29 cents per share, on net income of $9.4 million and total operating revenue of $164.7 million. Quarterly results included a $1.5 million, or 5 cent per share, after-tax charge related to interim rates collected in 2008.
In 2008, ALLETE reported seco...
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Kathryn W. Dindo named to ALLETE Board of Directors
07/22/2009
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Duluth, Minn.-ALLETE, Inc. (NYSE: ALE) announced today that Kathryn "Kitty" Dindo, has joined ALLETE's Board of Directors.
Dindo, 60, is a business and civic leader from Akron, Ohio. She was elected by ALLETE's Board of Directors at its July 21, 2009 meeting. As a former senior finance executive for two publicly traded companies, Dindo h...
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