TEPCO

Standard and Poor's threatened to cut Japan's sovereign rating on Wednesday, noting that the escalating cost of last month's devastating earthquake and tsunami will damage the country's already shaky public finances. "We revised the outlook on the long-term rating on Japan to negative to reflect...

After the devastation of the Japanese earthquake and the closer of its Fukushima Dai-Ichi and Dai-Ni nuclear power stations, Tokyo Electric Power (OTCBB: TKECF) purchased a record amount of liquefied natural gas in March. TEPCO purchased 2.14 million metric tons of LNG in March, an increase of 9.9...

Benzinga is hearing rumors that Japan may temporarily nationalize Tokyo Electric Power Company (TEPCO) while it straightens out the nuclear reactor situation.