BNET Industries
Market Cap:$806.9M
Last Fiscal Year Sales:$948.7M
- Public
- US
Dow Jones Description
The Sarbanes-Oxley Act of 2002, Section 404 (SOX404), required public companies to report on the effectiveness of internal control over financial reporting. Management's responsibility is to establish and maintain effective internal controls to help deter fraud and to prevent inaccurate financial statements. Strong internal controls have always been a priority at UIL Holdings. The third year of SOX 404 compliance is a continued focus on controls which have been incorporated as part of our standard business processes focusing more on a "risk-based" approach. UIL Holdings' Board of Directors and Audit Committee, which oversee the financial reporting process, have also been active in the oversight of the internal control documentation milestones to ensure its completion and effectiveness. The officers of UIL Holdings have assessed the internal control environment for 2006 and certify the effectiveness and reliability of the internal control system. Functional business managers and accounting managers are also required to submit internal control certifications as part of the SOX404 process. These SOX404 certifications, in conjunction with the opinion of our independent registered public accounting firm, PricewaterhouseCoopers, on the company's internal control over financial reporting should provide investors and shareowners with additional confidence regarding the integrity of our financial statements...
Number of Employees 1,039
Peer Companies
NAICS Code Hydroelectric Power Generation: 221111
Recent Events
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UIL Holdings Corporation Announces Third Quarter 2009 Results and Increases 2009 Earnings Guidance Mid-Point
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UIL Holdings Corporation Announces Second Quarter 2009 Results and Narrows 2009 Earnings Guidance Range
News & Analysis
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uil holdings corp. - All News and Analysis
UIL Holdings Corporation Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-11-02
Question-and-Answer Session Operator Operator Instructions There are no questions at this time; I would like to turn it back over to management for any additional or closing comments. James Torgerson Okay if there aren’t any questions then I guess we’ll wait one second and make sure...
UIL Holdings Reduces Capital Expenditures, Affirms 2009 Earnings Guidance, Has No Present Intention to Issue Equity
- 2009-03-11
NEW HAVEN, Conn. -- (NYSE:UIL) UIL Holdings Corporation announced today that it has elected to significantly reduce its currently planned capital spending for 2009 ...
UIL Holdings Corporation Announces 2008 Results, Affirms Dividend and Provides 2009 Earnings Guidance
- 2009-02-18
NEW HAVEN, Conn. -- UIL Holdings Corporation (NYSE: UIL) today reported consolidated net income of $8.7 million, or $0.35 per share, for the fourth quarter of 2008, compared to net income of $8.6 million, or $0.34 per share, for the same period in 2007. Net income for the fourth quarters...
UIL Holdings Corporation Announces Third Quarter 2008 Results and Revises 2008 Earnings Guidance
- 2008-11-04
NEW HAVEN, Conn. -- UIL Holdings Corporation (NYSE: UIL) today reported consolidated net income of $21.5 million, or $0.86 per share, for the third quarter of 2008, compared to net income of $21.0 million, or $0.84 per share, for the same period in 2007. Net income for the third quarter...
UIL Holdings Corporation Announces Second Quarter 2008 Results and Reaffirms 2008 Earnings Guidance on a Consolidated Basis
- 2008-08-05
NEW HAVEN, Conn. -- UIL Holdings Corporation (NYSE: UIL) today reported consolidated net income of $11.3 million, or $0.45 per share, for the second quarter of 2008, compared to net income of $9.8 million, or $0.39 per share, for the same period in 2007. For the first six months of...
UIL Holdings Corporation Declares Quarterly Dividend
- 2008-05-15
NEW HAVEN, Conn. -- UIL Holdings Corporation (NYSE:UIL), announced that its Board of Directors, declared a quarterly dividend of $0.432 per share on its Common Stock at yesterday's Board meeting. This dividend is payable July 1, 2008 to shareowners of record at the close of business on June 12, 2008....
UIL Holdings Corporation Hosts Annual Meeting of Shareowners
- 2008-05-14
NEW HAVEN, Conn. -- On May 14, James P. Torgerson, chief executive officer of UIL Holdings Corporation (NYSE: UIL) reported at the Annual Meeting of Shareowners that UIL will continue the focus on its core business, The United Illuminating Company UI. "In 2007, we launched a 10-year, $1.75 billion...
UIL Holdings Corporation Announces First Quarter 2008 Results and Affirms 2008 Earnings Guidance
- 2008-05-06
NEW HAVEN, Conn. -- UIL Holdings Corporation (NYSE: UIL) today reported consolidated net income of $6.6 million, or $0.26 per share, for the first quarter of 2008, compared to net income of $5.4 million, or $0.22 per share, for the same period in 2007. Net income from discontinued operations was...
UIL Holdings Corporation Schedules First Quarter Earnings Release and Conference Call
- 2008-04-28
NEW HAVEN, Conn. -- UIL Holdings Corporation (NYSE: UIL) will be releasing its 2008 financial results for the first quarter on Tuesday, May 6, 2008, after the market closes. In conjunction with the earnings release, UIL will conduct a web cast conference call with financial analysts on Wednesday, May...
UIL Holdings Corporation to Present at the Wall Street Access / Berenson & Company Midwest Conference
- 2008-04-07
NEW HAVEN, Conn. -- (NYSE:UIL) UIL Holdings' President and Chief Executive Officer, James P. Torgerson and Executive Vice President and Chief Financial Officer, Richard J. Nicholas will be presenting at the Wall Street Access / Berenson & Company Midwest Conference in Chicago on Wednesday, April 9, 2008 at approximately 3:15...
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