ALLETE Announces Decision To Spin-Off Its Automotive Services Business To Shareholders DULUTH, Minn. - ALLETE, Inc. (NYSE: ALE) announced today that its Board of Directors has approved a plan to spin-off its automotive services business which will become a publicly traded company to be named ADESA
Florida Water Services Sells Duval County System DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has sold its water and wastewater system serving Duval County, Florida to the Jacksonville Electric Authority for approximately $25
ALLETE Schedules Third-Quarter Earnings Release and Conference Call DULUTH, Minn.--ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended September 30, 2003 before the financial markets open on Friday, October 24, 2003. Following the release, ALLETE Chairman, President
Florida Water's Marion County System Sold DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has closed on a sale, by condemnation, of its water and wastewater system serving Marion County, Florida.
CHERYL MUNCE NAMED ADESA IMPACT PRESIDENT September 10, 2003 DULUTH, Minn.-- ALLETE, Inc. (NYSE: ALE) announced today that Cheryl Munce has been named president of ADESA Impact, ALLETE's total loss vehicle remarketing company based in Indianapolis. Munce is currently president of ADESA Impact's
Florida Water Services Sells Hillsborough County System DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has closed on the sale of its water and wastewater system serving Hillsborough County, Florida.
Florida Water Services Sells Deltona System for $59.5 Million DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has agreed to sell its water and wastewater system serving Deltona, Florida to the city of Deltona for $59.5 million.
ALLETE Reports Second-Quarter Net Income Growth Of 14 Percent DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) today reported second quarter 2003 earnings of 53 cents per share, compared with 47 cents per share in the second quarter of 2002. Net income rose 14 percent to $44.4 million on revenue of $409.9
Florida Water Services Agrees To Sell Seven Systems For $296 Million July 24, 2003 DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has agreed to sell seven of its Florida water and wastewater systems to governmental entities in
ALLETE Declares Dividend On Common Stock July 24, 2003 DULUTH, Minn.-- ALLETE's (NYSE: ALE) Board of Directors has declared a quarterly dividend on the company's common stock of 28.25 cents per share. On an annual basis the dividend is equivalent to $1.13 per share, unchanged from the previous