News Releases

 
News Releases
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Apr 22, 2004
DULUTH, Minn.-- ALLETE's (NYSE: ALE) board of directors has declared a quarterly dividend on the company's common stock. A dividend of 28.25 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.13 per share, unchanged from the previous quarter. The regular quarterly div...
Apr 22, 2004
ALLETE First Quarter Net Income Climbs 19 Percent Over 2003ALLETE First Quarter Net Income Climbs 19 Percent Over 2003DULUTH, Minn.-- ALLETE, Inc. (NYSE:ALE) today reported first quarter 2004 earnings of 62 cents per share, compared with 54 cents per share in the...
Apr 8, 2004
DULUTH, Minn.--ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended March 31, 2004 before the financial markets open on Thursday, April 22, 2004. Following the release, ALLETE Chairman David Gartzke, ALLETE President and CEO Don Shippar, ALLETE Chief Financial Officer James Vizanko and ADESA Chief Financial O...
Mar 19, 2004
DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) has named Deborah Amberg to the position of ALLETE vice president, general counsel and secretary. Amberg, 38, succeeds Phil Halverson, who retired March 5. "Deb's expertise and skills are both extensive and comprehensive," said Don Shippar, ALLETE President and CEO. "She will provide excellent lead...
Mar 11, 2004
DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) today announced that its board of directors has approved a plan to complete the separation of ADESA, Inc. from ALLETE through an initial public offering (IPO) of common stock by ADESA followed by a tax-free spin-off in which ALLETE will distribute its remaining equity interest in ADESA to ALLETE stockholde...
Mar 8, 2004
DULUTH, Minn.--ALLETE, Inc. (NYSE:ALE) will hold a conference call on Friday, March 12, 2004 beginning at 10:00 a.m. Eastern time. Interested parties may listen to the conference by calling (913) 981-5547 or by listening to a Webcast on ALLETE's Web site at www.allete.com. ALLETE Chairman David Gartzk...
Jan 30, 2004
ALLETE 2003 Earnings From Continuing Operations Increase 18 PercentALLETE 2003 Earnings From Continuing Operations Increase 18 PercentDULUTH, Minn.-- ALLETE, Inc. (NYSE: ALE) today reported 2003 earnings of $2.84 per share, compared with $1.68 per share in 2002, ...
Jan 26, 2004
DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced that its Board of Directors has named Donald J. Shippar President and Chief Executive Officer of ALLETE. He will have responsibility for all non-automotive operations at ALLETE. Shippar previously was Executive Vice President of ALLETE, and President of Minnesota Power. David G. Gartzke remains Chai...
Jan 22, 2004
DULUTH, Minn.-- ALLETE's (NYSE: ALE) board of directors has declared a quarterly dividend on the company's common stock. A dividend of 28.25 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.13 per share, unchanged from the previous quarter. The regular quarterly div...
Jan 21, 2004
DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that it will release its financial results for 2003 before the market opens on Friday, January 30, 2004. A conference call will be scheduled for a later date at which time the company intends to provide details about the separation of ADESA, ALLETE's automotive services business, into a pub...
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