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Minnesota Power agrees to smaller rate hike

The Duluth-based company would increase costs 4.9% for residential and small businesses and 4.4% for large customers. The utility originally sought a 12% hike. ....

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5 things to know today: Chamber move, Resignation call, Doing more, Allete sold, Sports officiating

5 things to know today: Chamber move, Resignation call, Doing more, Allete sold, Sports officiating
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ALLETE (NYSE:ALE) Sees Large Volume Increase

ALLETE, Inc. (NYSE:ALE – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 614,899 shares changed hands during mid-day trading, an increase of 109% from the previous session’s volume of 293,597 shares.The stock last traded at $63.53 and had previously closed at $64.27. Wall Street Analysts Forecast Growth A number of equities […] ....

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A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Key Insights The projected fair value for ALLETE is US$60.50 based on Dividend Discount Model ALLETE's US$60.34 share. ....

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ALLETE, Inc. (NYSE:ALE) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. reduced its stake in ALLETE, Inc. (NYSE:ALE – Free Report) by 3.2% in the 4th quarter, Holdings Channel reports. The firm owned 23,780 shares of the utilities provider’s stock after selling 777 shares during the quarter. Cozad Asset Management Inc.’s holdings in ALLETE were worth $1,454,000 as of its most recent […] ....

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