Jim Hoolihan Named to ALLETE Board of Directors DULUTH, Minn.ALLETE, Inc. (NYSE: ALE) today announced that Jim Hoolihan has joined its board of directors. Mr. Hoolihan was elected by shareholders during ALLETE's annual meeting today in Duluth. Hoolihan, 53, is a business and civic leader from
ALLETE Properties Announces $52.5 Million Sales Agreement DULUTH, Minn. - ALLETE, Inc. (NYSE: ALE) announced today that its real estate subsidiary, ALLETE Properties, has entered into a contract for a $52.5 million sale of residential land at its Palm Coast Park project.
ALLETE Receives Approval to Invest $60 Million in American Transmission Co. ALLETE (NYSE: ALE) expects to make its first installment on a $60 million investment in the American Transmission Company this month following a decision May 4 from the Public Service Commission of Wisconsin (PSCW).
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.
ALLETE Schedules First Quarter Earnings Release and Conference Call DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended March 31, 2006 with a news release scheduled to be issued before the market opens on Friday, May 5, 2006.
Florida County where ALLETE has three major developments again designated as nation's fastest-growing The Florida county where ALLETE (NYSE: ALE) owns most of its real estate inventory is the fastest-growing county in America for the second consecutive year, according to the U.S. Census Bureau.
ALLETE reports 2005 financial results; projects 15-20 percent 2006 earnings per share growth ALLETE, Inc. (NYSE: ALE) today reported 2005 earnings from continuing operations of $0.64 per diluted share, compared to $1.35 in 2004. Excluding transactions not representative of ongoing operations in
ALLETE Board Raises Quarterly Common Stock Dividend By Fifteen Percent DULUTH, Minn. The ALLETE (NYSE:ALE) Board of Directors has increased the quarterly dividend on the company's common stock by fifteen percent to 36.25 cents per share. "This substantial increase reflects ALLETE's solid
ALLETE Properties Announces First Sales Contract for Palm Coast Park Development DULUTH, Minn.-ALLETE, Inc. (NYSE: ALE) announced today that a real estate subsidiary of ALLETE Properties LLC has entered into its first sales contract at Palm Coast Park, one of three development projects the company