UBS Reiterates Buy on DTE Energy (DTE) as Reduced Equity Issuance Offsets Impact of Bonus Depreciation

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Go back to UBS Reiterates Buy on DTE Energy (DTE) as Reduced Equity Issuance Offsets Impact of Bonus Depreciation

Global Market Entry of One of the Leading European Hosting Companies

February 11, 2016 10:42 AM EST

BERLIN, February 11, 2016 /PRNewswire/ --

STRATO, one of the leading European hosting companies, is expanding its business by entering into the global hosting market. "With our attack strategy, we have been able to grow for years in saturated hosting markets such as Germany, the Netherlands and Spain and win market share from competitors," says Dr Christian Böing, STRATO's CEO. "Now we want to expand internationally into new markets and offer our products on a worldwide ordering website."

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DTE Energy reports solid 2015 financial results; Company reaffirms EPS guidance for 2016

February 10, 2016 7:16 AM EST

DETROIT, Feb. 10, 2016 /PRNewswire/ -- DTE Energy (NYSE: DTE) today reported 2015 earnings of $727 million, or $4.05 per diluted share, compared with $905 million, or $5.10 per diluted share in 2014. Reported 2015 earnings were lower driven in large part by DTE Energy's businesses outside of its utilities. Reported earnings at the utilities were up slightly.

2015 operating earnings were $863 million or $4.82 per diluted share, compared with 2014 operating earnings of $816 million, or $4.60 per diluted share.  Operating earnings exclude non-recurring items, certain mark-to-market adjustments and discontinued... More