utilities

Did PG&E Just Pull the Rug From Under Elliott and Pimco?

Posted: December 9, 2019 at 8:05 am

PG&E Corp. (NYSE: PCG) on Friday announced that it had reached an agreement with victims of 2017 and 2018 Northern California wildfires. The settlement is valued at $13.5 billion and ...
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Do Duke Energy Earnings Signal a Downturn for Utilities?

Posted: November 8, 2019 at 11:10 am

Duke Energy Corp. (NYSE: DUK), which is generally considered a bellwether for utilities, reported its most recent quarterly results before the markets opened on Friday. While investors seem to be ...
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PG&E Earnings Overshadowed by Bankruptcy, Fires

Posted: November 7, 2019 at 10:15 am

When PG&E Corp. (NYSE: PCG) reported fiscal third-quarter results before markets opened Thursday, the embattled utility company posted adjusted diluted earnings per share (EPS) of $1.11 on revenues of $4.43 ...
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PG&E Cuts Off Power, Costs California Economy $2.6 Billion

Posted: October 9, 2019 at 1:20 pm

All those years of insufficient maintenance caught up with PG&E Corp. (NYSE: PCG) in 2017 and 2018 when wildfires raged through Northern California destroying thousands of homes and causing at ...
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Why One Analyst Sees Expensive Water Utility Stocks Going Even Higher

Posted: October 7, 2019 at 4:25 pm
Last updated: October 8, 2019 7:02 am

The current bull market is over 10 years old, the strong economy has been slowing and investors are seeing and hearing "recession" so frequently some people might think a recession ...
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Does PG&E’s Reorganization Plan Have Any Support?

Posted: September 10, 2019 at 1:55 pm

The bankruptcy reorganization plan submitted by PG&E Corp. (NYSE: PCG) on Monday got a predictable response: with a few exceptions, no one liked it. PG&E's plan proposes to pay in ...
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Is PG&E Doomed All Over Again?

Posted: August 19, 2019 at 11:05 am

PG&E Corp. (NYSE: PCG) is a utility that is too shaky for almost any type of investor. After all, the utility sector is supposed to be very defensive and come ...
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Plunging Interest Rates Have Utilities Back in the Spotlight: 4 Top Buys

Posted: August 8, 2019 at 6:25 am

Just when savers and income investors thought it was safe to start buying certificates of deposit, rates have nosedived again. The combination of ongoing trade issues and the Chinese devaluation ...
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How Banks Are Replacing Treasuries, Utilities and CDs for Income Investors

Posted: July 29, 2019 at 11:00 am

Many investors need income from their stocks to help supplement their life or retirement. With the yield on Treasuries so low, and with the Federal Reserve embarking on an interest ...
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Revisiting American Water Works as a Stock to Own for the Next Decade

Posted: July 16, 2019 at 6:35 am

American Water Works Co. Inc. (NYSE: AWK) has been an incredible performer over the years. It fits right in on the defensive utility sector trade for investors who want predictability ...
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How the Case for Owning American Electric Power for the Next Decade Has Changed

Posted: July 11, 2019 at 8:15 am

With a new decade on the horizon, investors need to be considering what worked over the past decade and whether they should expect the same or different outcomes for what ...
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Only 3 Defensive Utility Stocks Are Considered Cheap With Big Upside

Posted: June 13, 2019 at 10:40 am

With the stock market's caution in May giving way to a recovery in June, the major equity indexes are now trading back within striking distance of their all-time highs. Some ...
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Are Utilities Losing Their Defensive Appeal Ahead of Summer?

Posted: June 2, 2019 at 11:40 am
Last updated: June 3, 2019 7:50 am

It is no secret that the economy and the market have run across some newfound challenges. On top of slower global growth, as well as an escalating trade war with ...
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Why One Red-Hot Sector May Go Even Higher as Interest Rates Plunge

Posted: May 24, 2019 at 7:05 am

Typically, falling interest rates are a positive for business and consumers, as the cost of borrowing drops dramatically. Home refinancing has jumped as mortgage rates are near the lowest levels ...
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Why Utilities ETFs Are So Appealing

Posted: May 2, 2019 at 8:35 am

For investors who want to get a good night's sleep, utilities have long been offered shelter from the storm. Virtually every person and company in the United States uses electricity ...
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