Word: unicom
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...companies, including Guangshen Railroad and Huaneng Power, trade in the U.S. as American Depository Receipts. Ten firms are listed on the New York Stock Exchange, one on the NASDAQ. Other blue chips trade in Hong Kong as H shares or red chips, including telecom operators China Mobile and China Unicom. Among stocks trading in Hong Kong, Theleen especially likes the well-run Hong Kong Shanghai Bank and Li Fung, a service firm helping foreign businesses set up in China...
Over the past few years, the nuclear industry's top players, led by Entergy and Exelon (formed by the merger of Philadelphia-based PECO Energy and Chicago native Unicom), have shelled out nearly $4 billion to purchase 15 of the nation's 103 operating plants--including such unlikely prizes as the surviving sister unit of Pennsylvania's infamous Three Mile Island No. 2 reactor. These new nuclear powers, which also include Duke Energy, Southern Co., Dominion Resources and Constellation Energy, have reversed years of mismanagement and cost overruns to turn the plants into the reliable, profitable atomic engines they were...
...Over the past few years, the nuclear industry's top players, led by Entergy and Exelon (formed by the merger of Philadelphia-based PECO Energy and Chicago native Unicom), have shelled out nearly $4 billion to purchase 15 of the nation's 103 operating plants--including such unlikely prizes as the surviving sister unit of Pennsylvania's infamous Three Mile Island No. 2 reactor. These new nuclear powers, which also include Duke Energy, Southern Co., Dominion Resources and Constellation Energy, have reversed years of mismanagement and cost overruns to turn the plants into the reliable, profitable atomic engines they were...
...predicted, but restructuring to tap the competitive markets. Given their background, though, it's not an easy switch. "These companies didn't consider themselves to have customers--they were called ratepayers," says Michael Egan, CFO of Peco Energy, the $5 billion Philadelphia-based giant that just merged with Unicom...
...letting them have access to everything from DuPont's chemicals website to the U.S. Patent Office's listing of new inventions. For that reason, some Chinese think the government will drop all its talk about an intranet and throw open the doors. Says a 24-year-old engineer at Unicom-Sparkice: "Walk into any Chinese company with Net access and look at the hard drives; look at the bookmarks in the browsers. It's all U.S. content...