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Con Edison Reports 2018 Third Quarter Earnings

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11/14/18Con Edison Announces Pricing of Common Share Offering
NEW YORK, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the pricing of the offering of 13,636,363 of its common shares at $77.00 per common share in connection with the forward sale agreements described below. Pursuant to the forward sale agreements, the forward counterparties (as defined below) or their affiliates have agreed to borrow from third parties and sell such shares to the underwriters.  In addition, the underwriters have been gra... 
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11/13/18Con Edison Announces Proposed Common Share Offering
NEW YORK, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced that it is commencing the offering of $1,050,000,000 of its common shares in connection with the forward sale agreements described below. Pursuant to the forward sale agreements, the forward counterparties (as defined below) or their affiliates are expected to borrow from third parties and sell such shares to the underwriters.  In addition, the underwriters are expected to be granted a... 
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11/01/18Con Edison Reports 2018 Third Quarter Earnings
NEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2018 third quarter net income of $435 million or $1.40 a share compared with $457 million or $1.48 a share in 2017. Adjusted earnings, which exclude the income tax expense resulting from a re-measurement in the 2018 period of the company's deferred tax assets and liabilities following the issuance of proposed regulations relating to the Tax Cuts and Jobs Act of 2017 (TCJA), transaction ... 
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10/31/18Con Edison Chairman & CEO John McAvoy to Present at 2018 EEI Financial Conference on November 13
NEW YORK, Oct. 31, 2018 (GLOBE NEWSWIRE) -- John McAvoy, chairman and chief executive officer of Consolidated Edison, Inc. (NYSE:ED), will present an overview of the company at the 2018 Edison Electric Institute Financial Conference on Tuesday, November 13 at 11:15 a.m. (Eastern Time). A live audio webcast and replay of the presentation will be available at http://www.wsw.com/webcast/eei5/ed. The link also will be posted at the Con Edison Investor Relations website at http://investor.conedi... 
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10/18/18Con Edison Declares Common Stock Dividend
NEW YORK, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 71.5 cents a share on its common stock, payable December 17, 2018 to stockholders of record as of November 14, 2018. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $49 billion in assets. The company provides a wide range of energy-related products and services t... 
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10/16/18Con Edison to Report 3rd Quarter 2018 Earnings on November 1
NEW YORK, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] plans to report its 3rd Quarter 2018 earnings on November 1, 2018 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $49 billion in assets.  The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consol... 
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10/01/18Con Edison Chairman & CEO John McAvoy to Speak at Wolfe Research Utilities and Energy Conference on October 2
NEW YORK, Oct. 01, 2018 (GLOBE NEWSWIRE) -- John McAvoy, Chairman and Chief Executive Officer of Consolidated Edison, Inc. (NYSE: ED), will present as a part of a Transmission and Distribution Utility Stories panel at the Wolfe Research Utilities & Energy Conference on Tuesday, October 2 at 8:45 a.m. (Eastern Daylight Time). A live audio webcast and replay of the presentation will be available at https://cc.talkpoint.com/wolf001/100218a_as/?entity=8_URFKCQS. The link also will be posted at ... 
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10/01/18Con Edison Proposing New ‘Smart’ Solutions for Gas Reliability, Environmental Benefits
NEW YORK, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Con Edison is proposing to invest in renewable natural gas and offer new incentives for customers who upgrade their heating equipment or install heat pumps to reduce natural gas usage. The company’s proposal comes at a time when the need for natural gas has grown rapidly in New York City and Westchester County. “This program will help us maintain reliable service so that our customers can keep their homes and businesses warm and comfortable, while... 
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09/28/18Solar Flares & Weather: Con Edison Experts Discuss How The Sun Impacts Our Grid in ‘Plugged In’ Podcast
NEW YORK, Sept. 28, 2018 (GLOBE NEWSWIRE) -- Mother Nature can throw more at us than just hurricanes, heat waves, and Nor’easters. Sometimes major storms are from out of this world. Listen to the Con Edison Plugged In podcast. Monitoring solar flares is ... 
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09/25/18Con Edison’s ‘Community Power’ to Bring Solar Energy to 350 NYCHA Households
Workforce of NYCHA Residents Will Install the Panels Con Edison’s ‘Community Power’ to BringSolar Energy to 350 NYCHA Households NEW YORK, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Con Edison is proposing placing solar panels on the roofs of New York City Housing... 
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09/20/18Con Edison to Acquire 981 MW of Renewable Electric Production Projects from Sempra Energy
NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (NYSE: ED) (“Con Edison”) today announced that one of its subsidiaries has agreed to acquire a Sempra Energy subsidiary that owns 981 megawatts (MW) AC of operating renewable electric production projects, including its 379 MW AC share of projects that it owns jointly with Con Edison subsidiaries, and certain development rights for additional solar electric production and energy storage projects. The purchase price for the a... 
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08/30/18Con Edison CFO Robert Hoglund to Speak at Barclays CEO Energy-Power Conference on September 5
NEW YORK, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Robert Hoglund, senior vice president and CFO of Consolidated Edison, Inc. (NYSE:ED) will provide a company update at the Barclays CEO Energy-Power Conference on Wednesday, September 5 at 3:45 p.m. (Eastern Daylight Time). A live audio webcast and replay of the presentation will be available at https://cc.talkpoint.com/barc002/090418b_as/?entity=57_XOBPH23. The link will also be posted at the Con Edison Investor Relations website at http://investo... 
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08/02/18Con Edison Reports 2018 Second Quarter Earnings
NEW YORK, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2018 second quarter net income of $188 million or $0.60 a share compared with $175 million or $0.57 a share in 2017. Adjusted earnings, which exclude the effects of a gain on the sale of a solar electric production project in 2017 and the net mark-to-market effects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses), were $189 million or $0.61 a share in 2018 compa... 
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07/19/18Con Edison Declares Common Stock Dividend
NEW YORK , July 19, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 71.5 cents a share on its common stock, payable September 17, 2018 to stockholders of record as of August 15, 2018. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $49 billion in assets. The company provides a wide range of energy-related products and services to... 
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07/16/18Con Edison to Report 2nd Quarter 2018 Earnings on August 2
NEW YORK, July 16, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd Quarter 2018 earnings on August 2, 2018 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $49 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidat... 
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05/24/18Con Edison’s $1.5B Investment and Technology Get Delivery Systems Ready for Summer
Energy Efficiency Programs Help Customers Save Money A Con Edison electrical worker at a cable replacement job on the Upper West Side of Manhattan. ... 
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05/21/18Con Edison CEO: Smart Meters, Technology and Renewables Will Improve Service to Customers
NEW YORK, May 21, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc., (Con Edison) (NYSE:ED) Chairman and CEO John McAvoy told a shareholder audience that smart meters, technology investments, and increased integration of renewables will improve service to customers and enhance the company’s long-term sustainability. While discussing Con Edison Company of New York and Orange & Rockland Utilities, the corporation’s two regulated utilities, McAvoy said smart meters that allow customers to mon... 
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05/18/18Con Edison SVP Marc Huestis and Treasurer Yukari Saegusa to Speak at 2018 AGA Financial Forum on May 21
NEW YORK, May 18, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (NYSE:ED) executives Marc Huestis, senior vice president, Gas Operations – Consolidated Edison Company of New York, and Yukari Saegusa, vice president and treasurer, will provide a company update at the 2018 AGA Financial Forum on Monday, May 21 at 1:00 p.m. (Eastern Daylight Time). A live audio webcast and a replay of the presentation will be available at http://wsw.com/webcast/aga18/ed/.  The link also will be posted at ... 
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05/03/18Con Edison Reports 2018 First Quarter Earnings
NEW YORK, May 03, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported first quarter net income of $428 million or $1.38 a share compared with $388 million or $1.27 a share in 2017. Adjusted earnings, which exclude the net mark-to-market effects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses), were $428 million or $1.38 a share in 2018 compared with $386 million or $1.27 a share in 2017. “While we continue to face challenging wea... 
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04/24/18Consolidated Edison, Inc. Recommends Shareholder Rejection of Mini-Tender Offer by TRC Capital Corporation
NEW YORK, April 24, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED), has received notice of an unsolicited "mini-tender" offer by TRC Capital Corporation (TRC Capital) to purchase up to 1.5 million shares of Con Edison’s common stock, which is approximately 0.48 percent of the outstanding shares, at a price of $74.60 per share. The offer price is approximately 4.29 percent below the closing price per share of Con Edison’s common stock on March 29, 2018, the last tradi... 
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04/19/18Con Edison Declares Common Stock Dividend
NEW YORK, April 19, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 71.5 cents a share on its common stock, payable June 15, 2018 to stockholders of record as of May 16, 2018. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $48 billion in assets. The company provides a wide range of energy-related products and services to its cus... 
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04/17/18Con Edison to Report 1st Quarter 2018 Earnings on May 3rd
NEW YORK, April 17, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2018 earnings on May 3, 2018 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $48 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated... 
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02/15/18Con Edison Reports 2017 Earnings
NEW YORK, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported 2017 net income of $1,525 million or $4.97 a share compared with $1,245 million or $4.15 a share in 2016. Adjusted earnings were $1,264 million or $4.12 a share in 2017 compared with $1,198 million or $3.99 a share in 2016. Adjusted earnings for 2017 exclude the re-measurement of Con Edison's deferred tax assets and liabilities upon enactment of the Tax Cuts and Jobs Act of 2017 (TCJA), ... 
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02/13/18Con Edison Researchers Win Awards for Solar, Microgrid and Cyber Studies
NEW YORK, Feb. 13, 2018 (GLOBE NEWSWIRE) -- A Con Edison worker near solar panels atop a high school in Brooklyn. Five Con Edison researchers have earned recognition for findings that help the energy industry manage solar projects, keep their systems safe... 
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01/23/18Con Edison to Report 2017 Earnings on February 15
NEW YORK, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2017 earnings on February 15, 2018 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $49 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison... 
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01/18/18Con Edison Declares Common Stock Dividend
NEW YORK, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 71.5 cents a share on its common stock, payable March 15, 2018 to stockholders of record as of February 14, 2018, an annualized increase of 10 cents over the previous annualized dividend of $2.76 a share. “The increase in the dividend, the 44th consecutive annual increase for stockholders, reflects our continued emphasis on providing a return to our investors while m... 
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01/02/18Timothy P. Cawley Becomes President of Con Edison
NEW YORK, Jan. 02, 2018 (GLOBE NEWSWIRE) -- A longtime Con Edison executive and electrical engineer, Timothy P. Cawley, has assumed a new role as president of the energy company serving New York City and Westchester County. Timothy P. Cawley is the new president of Con Edison Co. of New York. ... 
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