Infrastructure - Page 2

Eversource Wins Power Transmission Project Contract

Posted: January 26, 2018 at 8:30 am

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

Posted: January 24, 2018 at 9:15 am

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

Posted: January 22, 2018 at 10:40 am

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

Posted: December 29, 2017 at 8:30 am

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

Posted: November 7, 2017 at 12:29 pm

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

Posted: November 3, 2017 at 9:10 am

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

Posted: October 27, 2017 at 8:05 am

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

Posted: October 23, 2017 at 10:10 am

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

Posted: October 18, 2017 at 10:10 am

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

Posted: October 16, 2017 at 8:30 am

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

Posted: September 20, 2017 at 12:15 pm

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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4 Stocks to Buy That Can Clean Up After Hurricane Harvey

Posted: August 29, 2017 at 10:50 am

Even the worst situations can be positive for somebody, and while the devastation from Hurricane Harvey will prove to be a large burden for some of the big insurance companies, ...
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5 Companies That Could Win Off the Trump Border Wall

Posted: July 31, 2017 at 9:50 am

While President Trump has had a very hard time with Congress repealing and replacing Obamacare, for one of the other big campaign promises, the border wall, things look somewhat brighter. ...
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Facebook Expands Product to Find Wi-Fi Almost Anywhere

Posted: July 2, 2017 at 7:37 am

As portable computing and communication grows, many smartphone and tablet users rely primarily on wireless telecom service for connections. This service can be spotty, and very expensive. Facebook Inc. (NASDAQ: ...
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6 Undervalued Utilities With Strong Dividends and Upside Potential

Posted: June 28, 2017 at 7:40 am

With fears growing of a summer correction after a strong market run, and with many of the administration's pro-growth initiatives looking as though they are on hold or delayed, 24/7 ...
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