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Stock impact report

Heat wave gripping eastern, central U.S. to intensify over the weekend [Toronto Globe and Mail (Ontario, Canada)]

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Heat wave gripping eastern, central U.S. to intensify over the weekend A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 1 degrees Fahrenheit (38 degrees C) in Washington and prompting utilities to take steps to prevent power outages. The huge blob of warm air is likely to blanket the region, home to a third of the U.S. population, through Sunday with little overnight relief, said meteorologist David Roth of the National Weather Service’s Weather Prediction Center. “There are 124 million people under a heat advisory or excessive heat warning – that’s a third of the population,” Roth said. Story continues below advertisement As of Friday, the heat wave sprawled from Kansas to the Atlantic Coast, and from South Carolina north to Maine. It was expected to intensify on Saturday and Sunday. Utilities in the eastern half of the United States expect to have enough resources to meet power demand on Friday but a Show less Read more
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