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Invenergy-Led Consortium To Acquire American Electric Power's Unregulated Renewables Portfolio
Thursday, February 23, 2023 - 9:22pm | 313Invenergy announced IRG Acquisition Holdings entered into an agreement with American Electric Power (AEP). Details: As part of the agreement, IRG Acquisition Holdings (IRGAH) will acquire AEP’s 1,365-megawatt (MW) unregulated, contracted renewables portfolio for $1.5B enterprise value...
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Bill Gates Zeroes In On West Virginia As He Attempts To Reboot US Nuclear Power
Tuesday, January 10, 2023 - 7:14am | 375Microsoft co-founder Bill Gates is reportedly eyeing West Virginia for expanding his efforts on the development of nuclear energy technology in the U.S. What Happened: Gates visited a closed-down coal-fired plant of American Electric Power in Glasgow, West Virginia, on Monday and called the state...
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Barron's Latest Picks And Pans: Berkshire Hathaway, Citigroup, Dow, Twitter And More
Sunday, February 28, 2021 - 9:48am | 1163This weekend's Barron's cover story explores how investors can benefit from the shift to green energy. Other featured articles discuss value stocks to ride the economic recovery, what the spike in bond yields means for stocks, and tech stocks resisting the sector downturn. Also, the...
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Are Obama's New Climate Rules More About Killing Jobs Or Saving Lives?
Tuesday, June 3, 2014 - 1:19pm | 729According to The Washington Post, the U.S. Chamber of Commerce released a report saying the Obama administration’s proposed plan to reduce carbon emissions from power plants by 30 percent over the next 16 years would cost businesses more than $50 billion per year. The Natural...
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Monday's Premarket Earnings Reports
Monday, January 27, 2014 - 12:44pm | 473A number of companies reported Monday morning before the market opened. Here’s a list of how they did and how they opened: American Electric Power (NYSE: AEP) reported $0.60 per share on revenue of $3.8 billion. Analysts expected $0.56 per share on $3.53 billion. The stock opened flat. Bank...
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Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 7:56am | 982The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
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Earnings Expectations For The Week Of October 21: The Crunch Is On
Sunday, October 20, 2013 - 12:33pm | 1387Lots of quarterly reports are on deck this week, to go along with all the delayed economic data expected to be released. Analysts and investors should have plenty to mull over. Earnings highlights will include reports from AT&T, McDonald's, Microsoft and Netflix, which are all expected to post...
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Duke Energy, VIVUS And Others Insiders Have Been Buying
Saturday, September 7, 2013 - 3:22pm | 803Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have...
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Three Defensive Stock Picks for 2013 (AEP, AWK, CTL)
Monday, December 10, 2012 - 2:20pm | 625Bank of America Merrill Lynch offered some defensive stock picks for 2013 in a research report. Two utilities and a telecom made the list. They were American Electric Power (NYSE: AEP), American Water Works (NYSE: AWK) and CenturyLink (NYSE: CTL). Here is a quick look at how these three picks have...
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Earnings Expectations for the Week of October 22
Monday, October 22, 2012 - 8:15am | 1199There are lots more on the earnings calendar this week, including results from Apple (NASDAQ: AAPL) for the three months that included the release of the iPhone 5. Monday Results from Caterpillar (NYSE: CAT) and Yahoo! (NASDAQ: YHOO) will be the highlights on Monday, and analysts expect to see...
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Six Stocks Insiders Are Buying
Thursday, February 2, 2012 - 7:22am | 1060Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Top Dividend Stocks of 2011
Saturday, December 31, 2011 - 3:07pm | 918Here's a quick look at nine of the best-performing stocks of the past year that also had dividend yields of 2% or more. Advance America, Cash Advance Centers (NYSE: AEA) shares ended the year almost 65% higher, despite a recent pullback from the 52-week high. The company recently completed the...
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Best Utilities Stocks of 2011
Wednesday, December 28, 2011 - 1:17pm | 887Here's a quick look at nine of the best-performing utilities stocks of the past year. Atlas Energy (NYSE: ATLS) is up more than 65% year to date, as well as up almost 90% from the 52-low in October. The Pennsylvania-based natural gas processor announced in October the formation of an MLP focused...
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Earnings Expectations for the Week of October 24
Sunday, October 23, 2011 - 1:40pm | 1417The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...
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ITC and Progress Energy to Open Near 52-Week Highs
Monday, October 3, 2011 - 6:48am | 514While the Dow, Nasdaq and S&P 500 all fell more than 2% on Friday, utility companies ITC Holdings (NYSE: ITC) and Progress Energy (NYSE: PGN) reached new 52-week highs of $78.89 and $52.42 per share, respectively. Michigan-based ITC Holdings' Green Power Express project, a “high-voltage...