November 23, 2010 (FinancialWire) (Investrend Research Syndicate) (Go to http://www.financialwire.net/?s=rsrchequty+updwngrds for more upgrade/downgrade & research articles.) — ValuEngine, Inc., has upgraded Mirant Corp. (NYSE: MIR) and Kayne Anderson Energy Development Co. (NYSE: KED) to a "5" rating, the service’s highest.

Mirant Corporation, an energy company, produces and sells electricity in the United States. It generates electricity through coal-fired, and oil and gas generating facilities. The company was founded in 1982 and is headquartered in Atlanta, Georgia. Company summary analytics and an industry research report by ValuEngine on Mirant Corp. is available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=MIR).

Kayne Anderson Energy Development Company is a principal investment firm specializing in energy investments. The company was is based in Houston, Texas. Company summary analytics and an industry research report by ValuEngine on Kayne Anderson Energy is available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=KED).

The ValuEngine Rating is an overall assessment of a stock's attractiveness. It combines the following five factors: ValuEngine’s proprietary valuation, risk-return tradeoff, momentum, market capitalization and ValuEngine’s proprietary forecasted one-month return.

Approximately 80 to 85 companies achieve this highest ValuEngine rating out of VE’s total coverage of over 5,000 publicly traded companies.

ValuEngine is a subscription-based business intelligence, market and equity analysis firm that provides exclusive, customized research and analysis solutions directly to companies, investors, investment banks and broker-dealers. A special arrangement between the Investrend Research Syndicate and ValuEngine provides for preferred introductions and complimentary value-added services for those enrolling into ValuEngine programs. For more information, including the option to arrange a preferred introduction to ValuEngine, go to ValuEngine’s dedicated Investrend Syndications webpage (at http://www.investrend.com/valuengine).

The Investrend Research Syndicate (http://www.investrend.com/research/syndicate), a proprietary entity of Investrend Communications, Inc., distributes equity research-related information issued by sources deemed to be dedicated to unbiased, reliable and transparent analytics. The primary measure for vetting those sources is the “Standards for Independent Research Providers” (http://www.investrend.com/FIRST/standards) as promulgated by the FIRST Research Consortium (http://www.investrend.com/FIRST).

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