Pre-Market Rush On Veolia (NYSE:VE)
Modern Energy Roundup - March 1, 2012
By Jeff Siegel
Thursday, March 1st, 2012
Here's this morning's Modern Energy Roundup. . .
- Veolia Environment (NYSE:VE) announced this morning that it's in exclusive talks to sell its mass transit unit. Veolia investors have been waiting impatiently for the company to unload this part of its business for some time now, so when word came from management it was no surprise to see the stock pop 10 percent in pre-market. Veolia had a tough year in 2011, and 2012 has been up and down. That being said, investors looking for a nice dividend have piled into this one as it offers a nice one at 12%.
Editor's Note: From solar and wind to geothermal and biofuels, Green Chip readers want to know which renewable energy resource will take over where fossil fuels leave off. The answer is...all of the above!
There is no one single solution to today's energy crisis. However, the combination of all viable renewable energy resources, coupled with energy efficiency, conservation and smart grid development will not only lead us to energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.
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