ING Groep NV lifted its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW) by 7.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,423 shares of the utilities provider’s stock after acquiring an additiona
DSC Advisors L.P. bought a new position in Boeing (NYSE:BA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 783 shares of the aircraft producer’s stock, valued at approximately $231,000.
Uranium has been back in the news lately, not only due to its relationship with geopolitical maneuvering concerning nuclear weapons, but also as a necessary commodity in the global quest for clean, renewable energy.
The United States is the world’s largest producer of nuclear power, accounting for more than 30% of worldwide nuclear generation of electricity. While....More>>>
Our Top Pick for more aggressive investors has been volatile since private capital firms Riverstone Holdings and Carlyle Group rolled it out as a “yieldco” to the public in September, 2013, notes Roger Conrad, editor of Conrad’s Utility Investor.
Now priced to yield 8.6 percent, Pattern Energy Group (PEGI) trades 14 percent below its IPO price of $22 per share. That....More>>>
Last Monday, President Trump added another notch to his “America First” belt with the announcement of a new 30% tariff on imported solar panels.
Companies that produce solar cells and panels will get to sell 2.5 gigawatts worth of those energy products to U.S. consumers, but they’ll have to pay a special tax on any sales above that amount. For the first year of this new....More>>>
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October....More>>>
Wells Fargo (WFC) has come a long way since its account-opening scandal–enough that it makes you wonder if that scandal has been forgotten on Wall Street. Not Argus analyst Stephen Biggar, who cut Wells Fargo today, arguing that the scandal remains an overhang for the banking giant following its earnings miss last week:
Related ARTNA Mid-Day Market Update: Novavax Tumbles Following Failed Trial; Depomed Shares Surge Mid-Morning Market Update: Markets Open Higher; Bank Of The Ozarks Profit Tops Views Related CTWS Mid-Afternoon Market Update: Crude Oil Down Over 1%; VOXX Shares Spike Higher Mid-Day Market Update: Cabelas Surges Following Merger....More>>>
Yesterday, our Under the Radar Moversnewsletter suggested small cap independent oil and gas exploration and production stock Erin Energy Corp (NYSEMKT: ERN) as a short trade:
For a while earlier in the year it looked as if Erin Energy was going to recover from a miserable 2015. Since August though, we’ve seen a lower low and a lower high in conjunction with a cross back under all the....More>>>
The stock market saw some volatile movements on Wednesday, and major market benchmarks moved in different directions in response to crosscurrents across the various sectors of the economy. On one hand, macroeconomic strength showed up in a favorable boost in private payroll figures, which confirmed the sense that the employment picture continued to improve. Yet the move also made a March interest....More>>>
Teachers Insurance & Annuity Association of America purchased a new stake in City Office REIT (NYSE:CIO) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 43,224 shares of the real estate investment trust’
Friday was a relatively quiet day on Wall Street, with a split among the most widely followed market benchmarks that sent some up and others down. Slight downticks in oil prices and bond yields marked minor reversals from upward trends earlier in the week, but investors are still watching both e
Abeona Therapeutics Inc (NASDAQ:ABEO) shares fell 0% on Friday . The stock traded as low as $15.90 and last traded at $18.88. 3,849,722 shares changed hands during mid-day trading, an increase of 257% from the average session volume of 1,077,610 shares. The stock had previously closed at $18.88.
Retail stocks are suddenly in vogue. At this time last year, investors were talking about the "retail apocalypse," as 2017 saw a record number of store closures, but following a strong holiday season, retail stocks have been surging. Like cream, the good ones have been rising to the top.