ALLETE has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start the process to become a private company. Learn more at www.ALLETEforward.com.
ALLETE, Inc. (NYSE: ALE) today reported earnings from continuing operations of 78 cents per share in the third quarter of 2006, a 34 percent increase over the 58 cents per share recorded in the third quarter a year ago. Net income for the quarter was $21.8 million on revenue of $199.1 million.
ALLETE Earnings Release, Conference Call is Oct. 30 DULUTH, Minn.ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended September 30, 2006 with a news release scheduled to be issued before the market opens on Monday, October 30, 2006.
ALLETE Board of Directors Declares Dividend on Common Stock DULUTH, Minn.ALLETE's (NYSE: ALE) board of directors has declared a quarterly dividend on the company's common stock. A dividend of 36.25 cents per share of common stock was declared by the board.
Kathleen Brekken Named To Allete, Inc. Board Of Directors DULUTH, Minn.-ALLETE, Inc. (NYSE: ALE) today announced that Kathleen Brekken has joined its board of directors. Brekken, 57, is a retired business executive from Cannon Falls, Minn. She is a graduate of the University of Minnesota.
ALLETE Schedules Second Quarter Earnings Release and Conference Call DULUTH, Minn.ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended June 30, 2006 with a news release scheduled to be issued before the market opens on Friday, July 28, 2006.
Steven Devinck Named Allete Controller DULUTH, Minn.—ALLETE, Inc. (NYSE: ALE) today named Steven Q. DeVinck controller, responsible for all accounting and tax functions. DeVinck, 46, joined ALLETE in 1997 as a financial analyst in the accounting department, and was named assistant controller in
State Approves Minnesota Power's Emission Reduction Plan DULUTH, Minn.-The Minnesota Public Utilities Commission (MPUC) has issued an Order approving Minnesota Power's $60 million voluntary emission reduction initiative. The Arrowhead Regional Emission Abatement Plan (AREA) is Minnesota Power's
Mark Schober Named ALLETE Chief Financial Officer DULUTH, Minn.-ALLETE, Inc. (NYSE: ALE) has named Mark Schober senior vice president and chief financial officer, effective July 1, 2006. Schober, 50, joined ALLETE in 1978. He has been ALLETE's controller since March 1993, directing Securities and
ALLETE Makes its First Investment in American Transmission Company ALLETE (NYSE: ALE), through a subsidiary, made its first installment of a $60 million investment in the American Transmission Company today. ATC is a Wisconsin-based public utility that owns and maintains electric transmission