CLECO CORP NEW
SymbolCNL

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Cleco Corp. Wins EEI Award for Consistent Financial Success

2009-11-03 13:18 ET - News Release

PINEVILLE, LA -- (MARKET WIRE) -- 11/03/09

Cleco Corp. (NYSE: CNL) claimed this year's Edison Electric Institute (EEI) Index Award for exceptional shareholder return in the small market capitalization category. The company showed a 76.3 percent return for the five-year period ending Sept. 30, 2009.

"This award is a testament to the skill and commitment level of our employees, who remained focused on achieving strategic goals," said Cleco President and CEO Mike Madison, who accepted the award at the 44th EEI Financial Conference Nov. 2 in Florida. "One major strategic goal is the construction of the largest power generator in our company's history, which at its completion will double our rate base. This will allow us to continue to provide outstanding returns to our shareholders and to reduce our average customer's bill."

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.