Vectren Corporation stock (VVC) was up $0.77 in afternoon trading today. Coupling that with the 81.78 Million outstanding shares calculates an increase in the value of Vectren by $63 Million or slightly more than the anticipated earnings increase if the $1.08 monthly fee is approved by the Indiana Utility Regulatory Commission.
Investors seem to be betting that Vectren will maintain its pattern of success in getting the IURC to grant them increases of at or near the levels that they ask for.
This is absolutely outrageous. TELL VECTREN NO!!!
where else you gonna make a guarnteed 7%
So find us an alternative energy supplier! Get vectren some competition!
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