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Article: Should Md.-based Constellation settle or not? Two analysts disagree
- Article from:
- The Daily Record (Baltimore)
- Article date:
- July 22, 2009
- Author:
CopyrightCopyright 2009 The Daily Record (Baltimore). Provided by ProQuest LLC. (Hide copyright information)
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Two analysts who follow Constellation Energy Group Inc. had
contrary views Tuesday about whether the company should continue to
attempt to reach a settlement deal with the state.
"I don't even think the company should be talking to the
governor, and I think most of their large shareholders would support
that decision," said Paul Freemont, an analyst with Jefferies & Co.
Inc. in New York.
"We think that the company seems to be making every effort
possible to resolve this amicably, but again, if they had taken our
advice in that note that we put out, I frankly don't even understand
why they would care to make the additional gesture," he said.
In a July note to investors, Freemont said he made ...