Avista Corporation: Political Interference In Hydro One Provides Attractive Entry Point In This Takeover Target [Seeking Alpha]
Avista Corporation (AVA)
Last avista corporation earnings: 2/26 07:05 am
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US:NYSE Investor Relations:
investor.avistacorp.com/investor-overview
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Source: Seeking Alpha
Summary The sell-off in Avista Corporation shares due to the politically motivated dismissal of Hydro One senior management is unwarranted. With the sell-off, the deal now has an annualized opportunity of 8%. Political meddling is likely to end once a new board and CEO are assigned, likely only weeks away. Overview Unfortunately for everyone involved, the newly elected premier of Ontario, Doug Ford, has followed through on one of his election promises. Instead of the typical bluster, hyperbole, and half-truths politicians are known for, Doug Ford has indeed followed through on his four-word catch phrase of Promise Made, Promise Kept and forced retirement of CEO Mayo Schmidt and dismissed the entire board of Hydro One (TSX: (H)) ( OTC:HRNNF ). Understandably, this has caused fear in Hydro One shareholders as they now wonder if their company will be at the whim of government. A valid concern, which resulted in a decline in the price of stock by over 4%. Interest
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News
- EV Connect, Flash and Qmerit Partner to Set New Standard for Reservable Parking, Charging Experience [Yahoo! Finance]Yahoo! Finance
- What's cooking in Colfax? [Yahoo! Finance]Yahoo! Finance
- Avista Corp. First Quarter 2024 Earnings Conference Call and Webcast AnnouncedGlobeNewswire
- Avista Corporation (NYSE:AVA) is favoured by institutional owners who hold 87% of the company [Yahoo! Finance]Yahoo! Finance
- BIZ BITS: They have the meats faster at Lewiston Arby's [Yahoo! Finance]Yahoo! Finance
AVA
Earnings
- 2/21/24 - Miss
AVA
Sec Filings
- 4/3/24 - Form 8-K
- 4/2/24 - Form 4
- 3/20/24 - Form ARS
- AVA's page on the SEC website