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Barron's Picks And Pans: Apple, HP, Under Armour, 'Shark Week' And More
Sunday, August 4, 2019 - 8:15am | 662The cover story in this weekend's Barron's suggests ways investors can play the shifting retail landscape. Other featured articles discuss why utility stocks still make sense and how a climate scientist invests for retirement. Also, the prospects for a post-split tech giant, the iPhone...
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Exelon Generation, RES Announce Development Of New Battery Storage Facility
Wednesday, April 20, 2016 - 9:17am | 268Exelon Corporation (NYSE: EXC) and Renewable Energy Group Inc (NASDAQ: REGI) announced after Tuesday's market close they will jointly develop a 10 megawatt battery storage facility in Clinton County, Ohio. Exelon will act as the storage facility owner and operator, while Renewable Energy will serve...
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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Are Obama's New Climate Rules More About Killing Jobs Or Saving Lives?
Tuesday, June 3, 2014 - 1:19pm | 729According to The Washington Post, the U.S. Chamber of Commerce released a report saying the Obama administration’s proposed plan to reduce carbon emissions from power plants by 30 percent over the next 16 years would cost businesses more than $50 billion per year. The Natural...
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Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pm | 3030U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
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Power Up: Exelon Agrees To Purchase Pepco for A Near 30 Percent Premium
Wednesday, April 30, 2014 - 2:46pm | 331Exelon (NYSE: EXC) on Wednesday offered to purchase Pepco (NYSE: POM) for $27.25 a share, a near 30 percent premium to the average price of Pepco over the previous 20 days. Exelon is one of the nation's largest energy providers with business activities in 47 states and Canada. The company...
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Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 5:45pm | 2594U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
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Market Wrap For January 3: Bernanke Speaks As Fed Chairman For Last Time; Markets Little Moved
Friday, January 3, 2014 - 5:29pm | 1497Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...
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First Solar Hits Nasty "Speed Bump"
Wednesday, February 27, 2013 - 9:12am | 542First Solar (NASDAQ: FSLR) fell 4.22 percent to $31.36 in regular trading Tuesday. Then shares fell 11 percent to $27.91 after-hours after another terrible earnings release. According to Marketwatch, “First Solar’s ongoing business transformation has hit a nasty speed bump.” This has led to a...
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Whose Behavior Changed in Recent Bond Rally?
Monday, June 18, 2012 - 12:58pm | 733By Howard Simons, Minyanville One of the great mysteries of our age is how long-term Treasury notes and bonds -- many of them with negative yields and interest rate risks approaching that of zero-coupon bonds and all of them issued by a government that simply does not have a prayer of getting its...
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Ten ETFs Trading Near 52-Week Highs
Saturday, December 10, 2011 - 12:40pm | 834The following exchange traded funds ended the week in the neighborhood of their 52-week highs, though many of them have faced headwinds lately. The share price of each is more than 15% higher than at the beginning of the year as well. iPath US Treasury 10-year Bull ETN (NASDAQ: DTYL) is up more...
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Bank of America Upgrades Exelon from Underperform to Buy and Raises PT from $38 to $48
Monday, July 25, 2011 - 7:47am -
Jefferies Maintains Exelon Estimates
Wednesday, June 29, 2011 - 7:43am | 61Jefferies is maintaining its 2011 and 2012 EPS estimates of $4.10 and $2.85, respectively, on shares of Exelon (NYSE: EXC). “We are maintaining our 2013 EPS estimate of $3.10,” Jefferies writes. “We believe there is significant upside to our estimates including the impact of revenue enhancements,...
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Deutsche Bank Updates 6/28
Tuesday, June 28, 2011 - 7:38am | 451Deutsche Bank made a number of updates in a research report published today. Flowers Foods (NYSE: FLO) had its rating reinstated at Hold. At the same time, its price target was reduced from $25 to $20. On Monday, Flowers added 0.25% to its value to end the day at $21.74. Medicis Pharmaceutical (...
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Bank of America Removes Constellation Energy Group Investment Opinion
Tuesday, June 28, 2011 - 7:37am | 63In light of the Exelon (NYSE: EXC) and Constellation Energy Group (NYSE: CEG) merger, Bank of America has removed its investment opinion on CEG. “Investors should no longer rely on our previous opinions or price objectives,” Bank of America wrote. Constellation closed Monday at $37.46; Exelon...