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NYSE:PEG News 16 October 2025

Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

Long Island Contract Extension On Sept. 25, 2025 the Long Island Power Authority (LIPA) board voted to extend the contract with PSEG Long Island by five yearsprnewswire.com. This keeps PSEG as the operator of the 1.2+ million–customer electric grid on Long Island and the Rockaways through 2030. PSEG’s CEO Ralph LaRossa praised the decision: “Since 2014, PSEG Long Island has become the No. 1 overhead electric service provider in the State of New York in reliability and customer satisfaction.”prnewswire.com. The agreement was touted as cost-saving (about $17 million less to ratepayers over five years) and performance-based (tying more than half of

Stock Market Today

OCBC share price ends lower ahead of Singapore banks’ earnings week — what investors watch next

OCBC share price ends lower ahead of Singapore banks’ earnings week — what investors watch next

7 February 2026
Singapore, Feb 7, 2026, 15:04 SGT — Market closed. Oversea-Chinese Banking Corporation Limited (OCBC) shares ended Friday down 1.03% at S$21.23. The stock traded between S$21.15 and S$21.35, with about 6.19 million shares changing hands. (Investing.com) With the Singapore market shut for the weekend, the focus shifts to the next catalyst rather than Friday’s tape. Investors want a clean read on whether pressure on bank lending spreads is finally easing as rates stabilise and funding costs cool. That matters now because results from Singapore’s three big lenders land in quick succession this month. Analysts have pointed to an end to
ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
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