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Utility ETFs Provide Income And Performance
Thursday, October 23, 2014 - 4:59pm | 555The standout sector this year has been utility stocks, currently up 18 percent year to date and hitting a new all-time high this week. During the recent 10-percent selloff in the broad market, it was one of the few survivors able to recapture old highs. From an investor's view, the sector...
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Why Energy And Utility ETFs Are Crushing The Competition
Monday, June 23, 2014 - 4:31pm | 457Picking the best sector of the market in any given year can be tough, considering there are a multitude of factors that must align for your picks to come out on top. This year, however, there is a neck-and-neck race for supremacy by both utility and energy stocks that may have considerable...
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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...
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Dominion Resources and Duke Energy to Open Near 52-Week Highs
Monday, October 3, 2011 - 6:42am | 540While the Dow, Nasdaq and S&P 500 all fell more than 2% on Friday, utility companies Dominion Resources (NYSE: D) and Duke Energy (NYSE: DUK) reached new 52-week highs of $51.44 and $20.21 per share, respectively. Dominion Resources has paid a dividend every year since at least 1983. But the...