Infrastructure

Duke Energy Slides on Mixed Q4 Results

When Duke Energy Corp. (NYSE: DUK) reported its most recent quarterly results before the markets opened on Tuesday, the utility giant posted $0.94 in earnings per share (EPS) on $5.85 ...
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Virgin Group To Build Hyperloop In India, Serve 26 Million People

Richard Branson, head of The Virgin Group, announced the company plans to open a hyperloop in India. It will serve 26 million people and carry as many as 150 million ...
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Can Trump Administration Deliver the Coal and Boost FirstEnergy?

The Trump administration, particularly Energy Secretary Rick Perry, suffered a major setback last month when the Federal Energy Regulatory Commission (FERC) rejected Perry's proposal to pay coal plant operators for ...
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5 Ultra-Safe Utilities to Buy as Market Volatility Skyrockets

If there is any sector that is safe when the going gets treacherous it’s the utilities, and with good reason. Regardless of the economy or other circumstances that affect consumers ...
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Eversource Wins Power Transmission Project Contract

Massachusetts-based electric utility Eversource Energy (NYSE: ES) announced on Thursday that the company had won a bid from the state to build a new transmission line to transport Canadian-generated electricity ...
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Puerto Rico Moves to Privatize Its Electricity, but Competition Is Also Badly Needed

After nearly 40 years, Puerto Rico is finally privatizing its power utility company, the Puerto Rico Electric Power Authority (PREPA). But it may not be enough. With 36% of residents ...
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FirstEnergy Gets $2.5 Billion Investment

Electric utility FirstEnergy Corp. (NYSE: FE) announced Monday morning that it is receiving a $2.5 billion equity investment from affiliates of Paul Singer's Elliott Management, Bluescape, GIC and Zimmer Partners. ...
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5 Analyst Top Pick High-Dividend Utility Stocks to Buy for 2018

We have mentioned this numerous times recently, but we are currently in one of the longest stretches in the stock market without a 5% decline. Typically there are three a ...
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Blackstone Continues With Billions of Dollars Heading Into Its Infrastructure Fund

Blackstone Group L.P. (NYSE: BX) is no stranger to big announcements and big investments. After all, the private equity giant recently showed that it had over $387 billion in assets under ...
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Duke Energy Narrows EPS Guidance After Q3 Results

Duke Energy Corp. (NYSE: DUK) reported third-quarter 2017 earnings before markets opened Thursday. The electric utilities company posted adjusted earnings per share (EPS) of $1.59 on operating revenues of $6.48 ...
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8 Infrastructure Giants Could Continue to Bring Upside for Investors

As the end of 2017 approaches, there are some serious reflections that must be made. The stock market indexes were all up well into the double-digits for percentage gains, and ...
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SunTrust Has 5 High-Dividend Utilities to Buy for 2017 and 2018

We hear it all the time that rates are going higher, so don’t buy income-related stocks like real estate investment trusts and utilities. Despite almost a near certainty the Federal ...
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Evoqua Announces Potential Pricing for IPO

Evoqua Water Technologies has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 27.78 ...
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SunTrust Raises Price Targets on Red-Hot Data Center Stocks

With the cloud bursting with everything from video streaming to cloud computing, the demand for data centers has continued to grow. A hot new initial public offering on Wall Street ...
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Best Enters the Market With a Bang

Best Inc. (NYSE: BSTI) entered the market with a bang on Wednesday. This Chinese logistics firm is backed by Alibaba Group Holding Ltd. (NYSE: BABA) and is the largest IPO ...
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