ALLETE Inc. (ALE)

Allete's acquisition by Canada Pension Plan presents a short-term arbitrage opportunity. The market is rarely efficient, so we capitalize on its inefficiency to our benefit. Collect tax-advantaged inc...

Allete's merger is progressing, with all major approvals secured except for the Minnesota Public Utilities Commission (MPUC). The Minnesota Commerce Department now supports the merger, citing benefits...

U.S. utility Allete posted a fall in second-quarter profit on Thursday, weighed down by lower industrial margins along with higher operating and interest expenses.

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported second quarter 2025 earnings of 55 cents per share on net income of $31.9 million. Last year's second quarter results were 57 ce...

DULUTH, Minn.--(BUSINESS WIRE)--The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 73 cents per share of common stock. On an annual basis, the dividend is equivalent t...

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) (the “Company”) announced that the Company and its transaction partners Canada Pension Plan Investment Board (CPP Investments) and Global Infra...

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 07, 2025. ALLETE, Inc. is an energy ...

In trading on Wednesday, shares of Allete entered into oversold territory, changing hands as low as $63.555 per share. We define oversold territory using the Relative Strength Index, or RSI, which is ...