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Calpine shares gain on asset sale
By CBS MarketWatch
Last Update: 2:28 PM ET Dec. 22, 2003
Shares of Calpine Corp. climbed Monday after the power company said it would sell its 50-percent interest in a 545-megawatt energy center in Bastrop, Texas to GenTex Power Corp. for an undisclosed sum.
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Shares of Calpine (CPN: news, chart, profile) climbed 21 cents to $4.80 in recent dealings. With more than 15 million shares changing hands, the stock was among the top volume leaders on the New York Stock Exchange