Message-ID: <26699417.1075857821152.JavaMail.evans@thyme> Date: Mon, 11 Dec 2000 23:17:00 -0800 (PST) From: ei_editor@ftenergy.com To: energyinsight@spector.ftenergy.com Subject: Coal topping some Christmas wish lists. Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Energy Insight Editor X-To: ENERGYINSIGHT@SPECTOR.FTENERGY.COM X-cc: X-bcc: X-Folder: \Kevin_Ruscitti_Dec2000\Notes Folders\Discussion threads X-Origin: Ruscitti-K X-FileName: kruscit.nsf In Energy Insight for Tuesday, December 12, 2000 In Energy Insight Today (Blue Banner, all subscribers) Industrial customers have been hurt so much by escalating natural gas prices that they may be wishing for coal in their Christmas stockings. Find out more about it at http://www.einsight.com. In Energy Insight 2000 (Red Banner, premium-pay access only) Read the latest news headlines from Energy Services, Fuels and Utility Telecom and Diversification at http://www.einsight.com. //////////// Market Brief Monday, December 11 Stocks Close Change % Change DJIA 10,725.80 12.9 0.1 DJ 15 Util. 386.41 0.6 0.2 NASDAQ 3,015.10 97.7 3.3 S&P 500 1,380.20 10.3 0.8 Market Vols Close Change % Change AMEX (000) 99,269 (27,518.0) (21.7) NASDAQ (000) 2,450,876 1,103,776.0 81.9 NYSE (000) 1,214,530 (115,500.0) (8.7) Dollar US $ Close Change % Change Australia $ 1.85 0.02 0.93 Canada $ 1.523 0.00 0.13 Germany Dmark 2.23 0.02 0.72 Euro 0.877 (0.01) (1.18) Japan _en 110.7 (0.60) (0.54) Mexico NP 9.45 0.01 0.11 UK Pound 0.6866 (0.01) (0.79) Foreign Indices Close Change % Change Arg MerVal 417.100 5.83 1.42 Austr All Ord. 3252.200 19.70 0.61 Braz Bovespa 15187.9500 204.96 1.37 Can TSE 300 9581.92 33.19 0.35 Germany DAX 6782.52 91.27 1.36 HK HangSeng 15408.54 219.21 1.44 Japan Nikkei 225 15015.7 319.19 2.17 Mexico IPC 5828.12 33.03 0.57 UK FTSE 100 6,370.30 82.00 1.30 Source: Yahoo! na = not available ///////////////////////////////////// Sempra Energy sells stake in Energy America to Centrica Plc Sempra Energy, an energy services company, and Centrica plc, a British energy and home services company, signed an agreement by which Centrica will acquire Sempra Energy's stake in Energy America, a U.S.-based energy marketing firm, for about $56 million. Sempra Energy expects the sale to increase the company's 2001 earnings by about 10 cents per share. Under the transaction, a wholly owned subsidiary of Centrica will acquire Sempra Energy's 72.5 percent ownership of Energy America, which has nearly 400,000 residential and small business customers in New Jersey, Michigan, Ohio, Georgia, Pennsylvania and Maryland. Sempra Energy, based in San Diego, is an energy services holding company with 12,000 employees and revenue of nearly $5.5 billion. Through its eight principal subsidiaries -- Southern California Gas Company, San Diego Gas & Electric, Sempra Energy Solutions, Sempra Energy Trading, Sempra Energy International, Sempra Energy Resources, Sempra Communications and Sempra Energy Financial -- Sempra Energy serves more than 9 million customers in the United States, Europe, Canada, Mexico, South America and Asia.