Company Profile
Updated: 17-SEP-09ALLETE Inc.
Exporter
30 W Superior St., Duluth, MN 55802-2191, United States
(800)535-3056, (218)279-5000, (218)720-2502 fax, http://www.allete.com
Primary SIC: Electric And Other Services Combined, Primary NAICS: Electric Power Distribution
Description: ALLETE was incorporated in Minnesota and has corporate headquarters in Duluth, Minn. The company began operations in 1906 and has historically provided products and services in the water, paper, telecommunications and automotive industries. Currently, the company's two businesses are energy and real estate. Energy is comprised of regulated utility, non-regulated energy operations and investment in ATC. Regulated utility includes retail and wholesale rate regulated electric, natural gas and water services in northeastern Minnesota and northwestern Wisconsin. Non-regulated energy operations include coal mining activities in North Dakota, approximately 50 MW of non-regulated generation and Minnesota land sales. ALLETE Properties, headquartered in Fort Myers, Florida, is the company's real estate business that has operated in Florida since 1991. ALLETE Properties acquires real estate portfolios and large land tracts at bulk prices, adds value through entitlements and/or infrastructure improvements, and resells the property over time to developers, end-users and investors. ALLETE Properties is focused on acquiring vacant land in Florida and other parts of the southeast United States. More
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Bearish MACD for Allete - Zacks Tale of the Tape
Zacks Investment Research - Zacks Tale of the Tape; 11/6/2009; 253 words; Bearish MACD for Allete - Zacks Tale of the Tape Allete Inc.’s (ALE) MACD indicator has moved into bearish territory with a reading of -0.1048. The Zacks #5 Rank (“Strong Sell) stock declined more than 1...
ALLETE Board of Directors Elects Former Westar Energy CEO.
Energy Weekly News; 11/6/2009; 709 words; ALLETE, Inc. (NYSE:ALE) announced that James S. Haines, Jr. has joined ALLETE's board of directors. Haines, a former...valued input and perspective." Keywords: ALLETE, Inc., Energy, Oil and Gas, Utilities...
Zacks #5 Rank Additions for Wednesday - Zacks Tale of the Tape
Zacks Investment Research - Zacks Tale of the Tape; 11/4/2009; 514 words; ...5 Rank ("strong sell") List today: Administaff Inc (ASF) Allete Inc (ALE) American Equity Investment Life Holding Co (AEL) Applied Signal Technology Inc (APSG) Asset Acceptance Capital Corp (AACC) Build...
"Tomlinson" Reversal May Suggest Fair Pay Act Is Fatal To Ripeness Arguments In ADEA Pension Cases.
Mondaq Business Briefing; 11/2/2009; 2058 words; ...court upheld the dismissal of six unretired plaintiff's claims under the ripeness doctrine. Similarly, in Maki v. Allete, Inc., 383 F.3d 740 (8th Cir. 2004), the Eighth Circuit noted that an employer may amend a discriminatory plan provision...
WPO, WTM, ASX, ALE, SFI, CPLP Expected To Be Lower After Earnings Releases on Friday.
M2 Presswire; 10/28/2009; 3276 words; ...Advanced Semiconductor (NYSE: ASX), ALLETE (NYSE: ALE), iStar Financial (NYSE...Semiconductor October earnings Q3 Before ALE ALLETE, Inc. 12 quarters Q3 Before SFI iStar Financial Inc 12 quarters Q3 Before CPLP Capital Product...
Recent News Articles
- ALLETE, Inc. - Financial and Strategic Analysis Review.
M2 Presswire - April 02, 2009 - ALLETE, Inc. Reports 2008 Earnings of $2.82 Per Share.(Financial report)
Energy Weekly News - March 06, 2009 - ALLETE, Inc. Reports 2008 Earnings of $2.82 Per Share.(Financial report)
Business Wire - February 13, 2009 - ALLETE, Inc. Expects 2009 Earnings to Range from $2.10 to $2.35 Per Share.
Business Wire - December 05, 2008
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