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Financial profiles of companies not yet assigned an industry classification by The Value Line Investment Survey are provided. The companies examined are electric power generators/distributors ASEA AB and ENDESA, educational products marketer Jostens Inc and computerized payroll/accounting services provider Paychex Inc.

The European Investment Bank has granted Endesa S.A. a EUR 600 million loan for upgrading and expanding its distribution network in Spain. The loan agreement for the first EUR 300 [...]

An investment package of $7.7 billion has been announced by Spain's largest utility Endesa Group to improve materials, financial operations, international activities and cost reductions from 1998 to 2002. Endesa has also concluded arrangements with Banco Central Hispano to jointly supply gas, electricity, telecommunications and oil. A $26.3 million joint project by Repsol and Iberdrola has formed Proyectos Integrados Energeticos, which will rely on cogeneration to develop its market.

by Ivan Castano Spain's biggest power utility, Endesa, has announced it will spend e12 billion over the next five years in growing its domestic dominance and expanding in Europe. Endesa [...]

The Spanish government has agreed to pay e1.5 billion to the country's power suppliers in compensation for setting tariffs too low during 2000-02 for them to fund their regulatory duties. [...]

A strong performance from its domestic and European businesses bolstered Spanish electricity major Endesa's first-half-year results. It recorded a net profit of e876 million, up 4.7 per cent on the [...]

by Nigel Hawkins Founded in 1944, the Madrid-based Endesa is one of Spain's largest companies. It vies with Iberdrola to be the country's national electricity champion. As a major integrated [...]

Chilean electric company Enersis SA, and its 60% owned subsidiary of Empresa Nacional de Electricidad (Endesa-Chile), signed a $1-billion syndicated loan in August. Twenty-one banks, including lead arrangers Banco Bilbao [...]

Chile's Endesa saw better operating results in its home country and in Peru and Columbia, but saw a decline in Argentina and Brazil. Announcing a net profit of 4.63 billion [...]

Negative equity Eastman Kodak, an American photography firm, said that the picture looked grim. A weak euro, pricey raw materials and high development costs all contributed to third-quarter revenues that [...]

Endesa half year Domestic Revenue $billion %change %total Revenue 4.72 13.7 68.1 Operating Income 1.03 9.1 61.5 Revenue 1.6 6.5 62.7 $billion %change %total Revenue 2.21 15.8 31.9 Revenue 0.65 [...]

Deregulation energises RELIANT Reliant Energy has announced much improved results for the first quarter (2000). Earnings were up by 38 per cent at $133 million, thanks to a strong performance [...]

Restructuring around the world proceeds apace. * ABB Alstom Power is considering major job cuts in its steam power plants division, with some reports suggesting a 41 per cent reduction [...]

Spain's largest power company, Endesa, plans to convert up to $1.5 billion-worth of inter-company loans to Enersis, its Chilean subsidiary into equity Endesa already owns 65% of Enersis, which announced [...]

Spanish state-controlled Grupo Endesa reported an after-tax profit of 132.7 billion Pesetas (Pta) in 1994, representing a 13.6% rise on 1993. The rise was attributed to a 3.2% rise in electricity demand. Revenue totalled Pta811 billion, up 7.8%; while costs totalled Pta577.7 billion; and cashflow reached Pta276.5 billion. Some Pta292. 2 billion was spent on material and financial investments.