ALLETE Properties Announces Largest Sale Ever ALLETE (NYSE: ALE) announced today that its subsidiary, ALLETE Properties has a firm contract to sell the Tarpon Point Marina and the surrounding 150 acres of development property in Cape Coral, Florida to the Grosse Point Development Company for $29
ALLETE Schedules First Quarter Earnings Release and Conference Call DULUTH, MN - April 3, 2001 - ALLETE (NYSE:ALE), a multi-services company with operations across North America, will announce its first quarter financial results for the quarter ended March 31, 2001 before the market opens on
Minnesota Power Joins Power Delivery System Minnesota Power and its wholly owned subsidiary Superior Water, Light and Power have agreed to join the Midwest Independent System Operator, Inc. (MISO), one of the nation's largest electric power delivery systems.
ALLETE Declares Dividend on Common Stock ALLETE's (NYSE: ALE) Board of Directors today declared a quarterly dividend on the company's common stock. A dividend of 26.75 cents per share of common stock was declared by the board and is unchanged from the previous quarter.
ALLETE Surpasses Goal for Growth During 2000 ALLETE (NYSE: ALE) today announced 2000 operating net income of $118.2 million, compared with $104.2 million in 1999 resulting in operating earnings per share of $1.67 versus $1.49. Reported earnings per share rose to $2.11 from 97 cents last year,
ALLETE's ADESA Subsidiary To Significantly Expand North American Presence In The Auto Salvage Auction Industry ALLETE (NYSE: ALE) and its automotive subsidiary, ADESA Corporation, have signed definitive agreements to acquire all of the outstanding stock of ComSearch, Inc.
ALLETE Declares Dividend on Common Stock ALLETE’s (NYSE: ALE) Board of Directors today declared a quarterly dividend on the company’s common stock. A dividend of 26.75 cents per share of common stock was declared by the board and is unchanged from the previous quarter.
ALLETE Third Quarter Earnings on Target; Annual Earnings Growth Target Hiked to 12 Percent for 2001 ALLETE (NYSE: ALE) today reported third quarter earnings of 50 cents per share, meeting analysts' expectations and matching last year's strong third quarter results.
Allete's ADESA Subsidiary Closes Deal To Buy Nine Auto Auctions From Manheim ALLETE’S (NYSE: ALE) ADESA subsidiary has completed the purchase of nine auto auctions from Manheim Auctions for $251 million. The auctions involved are: Southwest Auto Auction, Phoenix; Golden Gate Auto Auction, San
MP, Wisconsin utility plan new transmission line MP, Wisconsin utility plan new transmission line Wisconsin Public Service Corporation (NYSE: WPS) and Minnesota Power, Inc. (NYSE: MPL) have announced a plan to construct a 345-kilovolt transmission line from Wausau, Wis.