Vectren Unit Settles Lawsuit
Stock quotes in this article:
VVC
Energy company Vectren(VVC Quote) said Wednesday that its Proliance Energy venture agreed to settle a civil lawsuit with the City of Huntsville, Ala.
The Evansville, Ind.-based company said Proliance will pay $21.6 million to settle the suit, which stemmed from the provision of portfolio services during 2000-2002. Vectren is a 61% equity investor in ProLiance and will reflect its share of the net charge, $6.6 million after tax, or 9 cents a share, in its fourth-quarter results.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
