Attached files
| file | filename |
|---|---|
| EX-99 - UIL EXHIBIT 99 - EARNINGS RELEASE - UIL HOLDINGS CORP | uil_exh99.htm |
| EX-99.1 - UIL EXHIBIT 99.1 - PRESENTATION - UIL HOLDINGS CORP | uil_exh99-1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 or 15(d)
OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event reported): October 30,
2009
(Exact
name of registrant as specified in its charter)
|
Connecticut
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1-15052
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06-1541045
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File
Number)
|
Identification
No.)
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157 Church Street, New
Haven, Connecticut
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06506
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(Address
of principal executive offices)
|
(Zip
Code)
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|
|
Registrant's
Telephone Number,
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||
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Including Area
Code
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(203)
499-2000
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|
Not
Applicable
|
|
(Former
name or former address, if changed since last
report)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General
Instruction A.2. below):
£ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
£ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
£ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
£ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c))
1
Item
2.02 Results of Operations and Financial Condition
On
October 30 2009, UIL Holdings Corporation (the Registrant or UIL Holdings)
issued a press release announcing its financial results for the three and nine
month periods ended September 30, 2009 and the increasing of its 2009
earnings guidance mid-point. A copy of the Registrant's press release
is attached hereto as Exhibit 99.
Item
7.01 Regulation FD Disclosure
On
November 1, 2009, James P. Torgerson, President and Chief Executive Officer, and
Richard J. Nicholas, Executive Vice President and Chief Financial Officer,
will give a presentation in Hollywood, Florida at the 44th
Annual EEI Financial Conference. The presentation contains items
previously not disclosed in reports filed by the Registrant with the Securities
and Exchange Commission. Among these items, which relate to the
Registrant’s subsidiary, UI, are (a) non-rate base earnings relative to
conservation and demand response programs and (b) additional details regarding
major distribution and smart grid capital projects. A copy of the
Registrant's presentation is attached hereto as Exhibit 99.1.
The
information in this Form 8-K shall not be deemed to be “filed” for the purposes
of Section 18 of the Securities and Exchange Act of 1934 (the Exchange Act), or
otherwise subject to the liabilities of such section, nor shall such information
be deemed incorporated by reference in any filing under the Securities Act of
1933 or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
Use
of Non-GAAP Measures
UIL
Holdings believes earnings per share (EPS) information as presented in its
earnings guidance is useful in understanding the earnings expectations for the
business, as a whole. The amounts presented in the earnings guidance
show the EPS from continuing operations for each of UIL Holdings’ lines of
business. EPS is calculated by dividing the projected 2009 net income
from continuing operations for each line of business by the projected average
number of shares of UIL Holdings common stock outstanding for
2009. Total EPS from continuing operations is a generally
accepted accounting principles (GAAP)-basis presentation.
Certain
statements contained herein, regarding matters that are not historical facts,
are forward-looking statements (as defined in the Private Securities Litigation
Reform Act of 1995). These include statements regarding management’s
intentions, plans, beliefs, expectations or forecasts for the
future. Such forward-looking statements are based on UIL Holdings’
expectations and involve risks and uncertainties; consequently, actual results
may differ materially from those expressed or implied in the
statements. Such risks and uncertainties include, but are not limited
to, general economic conditions, legislative and regulatory changes, changes in
demand for electricity and other products and services, unanticipated weather
conditions, changes in accounting principles, policies or guidelines, and other
economic,
2
competitive,
governmental, and technological factors affecting the operations, markets,
products and services of UIL Holdings’ subsidiary, The United Illuminating
Company. The foregoing and other factors are discussed and should be
reviewed in UIL Holdings’ most recent Annual Report on Form 10-K and other
subsequent periodic filings with the Securities and Exchange
Commission. Forward-looking statements included herein speak only as
of the date hereof and UIL Holdings undertakes no obligation to revise or update
such statements to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events or circumstances.
Item
9.01 Financial Statements and Exhibits
|
(d)
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Exhibits
– The following exhibits are filed as part of this
report:
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99
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Press
release, dated October 30, 2009.
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99.1
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Presentation
slides for the 44th
Annual EEI Financial Conference
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3
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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UIL
HOLDINGS CORPORATION
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Registrant
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Date: 10/30/09
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By /s/ Richard J.
Nicholas
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Richard J.
Nicholas
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Executive Vice
President
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and Chief Financial
Officer
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4
Exhibit
Index
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Exhibit
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Description
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99
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Press
Release dated October 30, 2009.
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99.1
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Presentation
on Third Quarter 2009 Results.
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5