This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Wisconsin Energy Management Presents At Goldman Sachs 11th Annual Power And Utility Conference (Transcript)

Stocks in this article: WEC

Wisconsin Energy Corporation (WEC)

Goldman Sachs 11th Annual Power and Utility Conference

August 14, 2012 8:15 AM ET


George Liparidis – President and CEO, Sempra International

Rick Kuester – EVP and CFO

Martin Lyons - SVP & CFO, Ameren

Caroline Dorsa - EVP & CFO, Public Sector Enterprise Group


Michael Lapides – Goldman Sachs

Ray Leung – Goldman Sachs


Michael Lapides

Good morning everyone. Let’s start with basic introductions and then we'll kind of dive right into some of the panel topics. First of all I want to thank everybody for participating. I'll obviously start with my left, with George Liparidis, who runs Sempra's International businesses, then Martin Lyons from Ameren, the Chief Financial Officer as well his counter parts of both Public Service Enterprise Group; Caroline Dorsa and Rick Kuester from Wisconsin Energy. And then finally my colleague on the fixed income side, Ray Leung (ph) down on the other end and Ray, I'll actually give you the first question to quick us off.

Ray Leung

It's actually an interesting period of time right now. With a topic of a capital allocation, we see a pretty low interest environment. Can you talk about how you guys are may each company is taking advantage of or strategies or how you're thinking about capital allocation with the low interest rate environment and what kind of opportunities you're seeing on that front with 30 year treasury at all-time lows. Maybe we'll start of over with George over at Sempra and how you guys are thinking about the low interest rate environment.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs