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Several Entergy Corporation (NYSE:ETR) utility subsidiaries announced the election of new directors effective Friday, following written consent by their respective sole owners, according to a statement based on a recent SEC filing. Entergy Arkansas, the largest subsidiary by revenue with $2.45 billion in the last twelve months, maintains a healthy gross profit margin of 49% and offers shareholders a $1.22 dividend per share.
Entergy Arkansas, LLC (NYSE:EAI) reported that Kimberly S. Cook-Nelson, Kimberly A. Fontan, and Laura R. Landreaux were elected as directors. Entergy Louisiana, LLC (NYSE:ELC) elected Kimberly S. Cook-Nelson, Kimberly A. Fontan, and Phillip R. May, Jr. to its board. Entergy Mississippi, LLC (NYSE:EMP) named Kimberly S. Cook-Nelson, Haley R. Fisackerly, and Kimberly A. Fontan as directors. InvestingPro analysis reveals EAI maintains a solid current ratio of 1.56, indicating strong short-term financial health. Subscribers can access over 30 additional financial metrics and exclusive ProTips for deeper analysis.
Entergy New Orleans, LLC (NYSE:ENJ, NYSE:ENO) elected Kimberly S. Cook-Nelson, Kimberly A. Fontan, and Deanna D. Rodriguez as directors. All of these elections were made effective June 27, 2025, by written consent in lieu of a meeting by Entergy Utility Holding Company, LLC, the sole owner of the common membership interests in each subsidiary.
For Entergy Texas, Inc. (NYSE:ETI/PR), the board elected Kimberly S. Cook-Nelson, Kimberly A. Fontan, and Eliecer Viamontes as directors, effective August 20, 2025. This date is set 40 days after notification to holders of preferred stock, as Entergy Corporation, the sole owner of the outstanding common stock and holder of 79% of the voting power, provided written consent for the elections.
The information is based on a press release statement filed with the Securities and Exchange Commission.
In other recent news, Entergy Corporation announced significant changes in its board of directors, with Kimberly S. Cook-Nelson appointed to multiple subsidiary boards effective May 1, 2025. This appointment fills the vacancies left by Peter S. Norgeot, Jr.’s resignation and was disclosed in a filing with the U.S. Securities and Exchange Commission. In addition, Entergy Arkansas, LLC successfully issued $300 million in First Mortgage Bonds at a 5.45% interest rate, due in 2034, as part of its routine financial operations. This transaction was executed under an existing automatic shelf registration and included legal opinions from several law firms. Furthermore, Entergy subsidiaries announced the election of new directors, including Kimberly S. Cook-Nelson and Kimberly A. Fontan, across Entergy Arkansas, Louisiana, Mississippi, and New Orleans, effective June 27, 2025. Entergy Texas, Inc. also elected new directors, with changes taking effect on August 20, 2025. These developments follow Entergy’s ongoing governance updates and regulatory compliance measures.
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