-
Dominion Resources and Duke Energy to Open Near 52-Week Highs
Monday, October 3, 2011 - 6:42am | 540While the Dow, Nasdaq and S&P 500 all fell more than 2% on Friday, utility companies Dominion Resources (NYSE: D) and Duke Energy (NYSE: DUK) reached new 52-week highs of $51.44 and $20.21 per share, respectively. Dominion Resources has paid a dividend every year since at least 1983. But the...
-
Nine Dividend Payers Up More Than 20% in Six Months
Tuesday, August 16, 2011 - 9:31am | 934So maybe you got out of the market when things got crazy, and you are looking to put a toe back in the water now that stocks have largely rebounded. Or perhaps you have been riding out the volatility but thinking you ought to diversify a little more. Well, here is a quick look at some options. They...
-
Ten Utilities Stocks Worth a Look Now
Tuesday, August 9, 2011 - 11:53am | 946Many investors turn to utility stocks during difficult economic times because they provide a steady stream of income and their share prices are less affected by uncertain market conditions. Here's a look at ten utility companies with dividend yields of greater than 3% and stocks that are up year to...
-
Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
-
Seven Utilities Stocks Worth a Look Now
Friday, July 22, 2011 - 4:58pm | 909Looking for a little juice for the portfolio or dividends as a hedge against inflation? Then you might want to consider these seven dividend-paying utilities stocks that are up more than 15% year to date and trading near 52-week highs. CenterPoint Energy (NYSE: CNP): Based in Houston and sporting...
-
Twelve ETFs Trading Near 52-Week Highs
Tuesday, July 12, 2011 - 6:56am | 874First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...
-
Bank of America Merrill Lynch Reiterates Buy on American Electric Power
Thursday, June 16, 2011 - 8:43am | 134Bank of America Merrill Lynch is out with its report today on American Electric Power (NYSE: AEP), reiterating Buy. In a note to clients, Bank of America Merrill Lynch writes, "Overall, we estimate that even without Ohio there is up to $0.40/sh of earnings upside from the modernization of AEP's...
-
Ten Takeover Candidates
Thursday, June 9, 2011 - 11:11am | 827A team of strategists from Deutsche Bank (NYSE: DB) has offered at basket of 50 stocks they believe are potential leveraged buyout targets. The companies on their list have market capitalizations below $25 billion. They have positive free cash flow and net margins that fall below the industry...
-
Jefferies Decreases EPS Estimates from $3.10 To $2.90 And Increases PT From $38.00 To $39.50 On American Electric Power (AEP)
Thursday, May 5, 2011 - 7:19am | 130In a recent report, Jefferies has decreased the 2011 EPS estimates on American Electric Power (NYSE: AEP) from $3.10 to $2.90 and increased the price target from $38.00 to $39.50 after the Public Utilities Commission of Ohio issued an order today, notifying AEP to reduce 2011 EPS by $0.20 as court...
-
Jefferies Comments On AEP's 1Q11 Results
Monday, April 25, 2011 - 9:47am | 91According to Jefferies, American Electric Power (NYSE: AEP) reported 1Q11 operating earnings of $0.82, versus its estimate of $0.75, above First Call consensus of $0.80, and versus $0.76 in 1Q10. Jefferies said that management provided some color on the capital costs to retrofit AEP's coal fleet...
-
Deutsche Bank Reiterates Buy on American Electric Power (AEP)
Wednesday, April 20, 2011 - 7:26am | 110Deutsche Bank is out with its report today on American Electric Power (NYSE: AEP), reiterating Buy. In a note to clients, Deutsche Bank writes, "We believe investor focus remains on the Ohio Electric Security Plan, which we expect the Public Utilities Commission of Ohio to issue a decision on...
-
Jefferies Rebalancing American Electric Power's 2011 Quarters
Thursday, April 14, 2011 - 7:38am | 128According to Jefferies, American Electric Power (NYSE: AEP) 2011 quarters are rebalancing. Jefferies reported that it is maintaining its 2011 EPS estimate of $3.10. “Our 2011 EPS estimate assumes the same level of shopping (34% of commercial customers) that management is assuming, and is at the...
-
UPDATE: Jefferies Lowers PT on American Electric Power to $38.50 (AEP)
Wednesday, February 16, 2011 - 10:30am | 114Jefferies is out with its report today on American Electric Power (NYSE: AEP), lowering its price target from $19 to $18.50. In a note to clients, Jefferies writes, "We believe that AEP is a low risk, regulated company that should trade at a slight discount to the regulated utility group average....
-
Jefferies Lowers PT On American Electric Power To $38.50
Wednesday, February 16, 2011 - 8:26am | 28Jefferies & Company has lowered the price target on American Electric Power (NYSE: AEP) from $39 to $38.50 and maintains its Hold rating.
-
Jefferies Lowers AEP Target To $39 From $39.50
Monday, January 31, 2011 - 11:47am | 27Jefferies is lowering its PT on American Electric Power (NYSE: AEP) to $39 from $39.50. American Electric Power currently trades at $35.85.