Investors and traders are often looking out for new research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls each morning to find great…
ThinkstockCredit Suisse has changed its targets and estimates for the electric utility sector. The move will have dividend watchers on the lookout, but the firm effectively is asking if a momentum trade…
U.S. equity markets opened mixed this morning as investors appear to be cautious as tomorrow’s elections get closer. Coupled with possible changes in the U.S., China will replace its leadership at its…
U.S. equity markets opened higher this morning following the report on U.S. non-farm payrolls and the U.S. unemployment rate. Payrolls rose by 171,000, better than expected, and the unemployment rate came in…
An estimated 10 million customers could lose electrical power in the wake of Hurricane Sandy, nearly a third more than the 7 million who lost power last year following Hurricane Irene. For…
Wikimedia CommonsSome companies reportedly have decided to delay their earnings reports as Hurricane Sandy heads for the East Coast and the major U.S. markets are close today, and possibly Tuesday. According to…
The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
Jon OggBank of America downgraded Entergy (NYSE: ETR) to Underperform from Neutral and cut its price target to $70. Piper Jaffray downgrades Cache Inc. (NASDAQ: CACH) to Neutral from Overweight. AAII Journal sets Dow Chemical…
Today marks the closing of the $32 billion merger between Duke Energy Corp. (NYSE: DUK) and Progress Energy. Duke initiated a one-for-three reverse stock split at the same time and the former…
The utility sector is a favorite of dividend and income investors. The group was the best performing group of 2011 as investors snapped up higher dividends rather than Treasuries and CDs. So…
The utility sector has been a rather poor performer so far in 2012, as investors have sought growth and less dependence on high payouts, and higher dividend taxes could be a possibility…
The operating license for Entergy Corp.’s (NYSE: ETR) Vermont Yankee nuclear power plant expires this year. The plant received an 20-year extension from the US Nuclear Regulatory Commission last year, but the…
Paul Ausick When Exelon Corp. (NYSE: EXC) and Constellation Energy Group, Inc. (NYSE: CEG) agreed in April to an $8 billion dollar merger, the companies promised the state of Maryland, home to Constellation, that…
Today’s ratings news leads off with the downgrade by Moody’s of six Greek banks, including National Bank of Greece (NYSE: NBG). All six were lowered from ‘B3’ to ‘Caa2’. Anyone who is…
Will Hurricane Irene cost the United States $10 billion? $15 billion? Or even more? It really depends upon whom you speak with on this front. The expected damage count is growing now…
