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Insurance Stocks Rebound As Investors Assess Hurricane Milton's Aftermath: 3 Stocks To Watch
Thursday, October 10, 2024 - 12:54pm | 485Many experts warned that Hurricane Milton could be the worst storm in U.S. history. It made landfall Wednesday on the west coast of Florida, causing flooding and wind damage and leaving millions without power. While the full scope of the storm's damage is unknown, it was a Category 3,...
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Hurricane Milton Knocks Out Power For Over 2M In Florida, NextEra Energy, Duke Energy, And Tampa Electric Report Major Outages
Thursday, October 10, 2024 - 3:55am | 472Hurricane Milton wreaked havoc across Florida on Wednesday night, causing widespread power outages as it made landfall near Siesta Key in Sarasota County before barreling through the central part of the state. What Happened: Over 2 million residents were left without power as the storm’s...
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How Did Hurricanes Milton, Helene Intensify So Quickly? ExxonMobil's Scientists Warned Us... In 1977
Wednesday, October 9, 2024 - 6:47pm | 1327For meteorologists who study extreme weather events like Hurricane Milton — and Hurricane Helene just two weeks ago — the most frightening aspect of the back-to-back storms isn’t just strength. It’s speed. The fact that Milton mutated from tropical storm to Category 5 hurricane in...
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How Strong Is Milton? What To Expect From Hurricane Categories 1 Through 5
Wednesday, October 9, 2024 - 2:11pm | 918As Hurricane Milton barrels through the Gulf of Mexico towards Florida on Wednesday, officials downgraded the storm from Category 5 to Category 4. That’s not enough to rescind calls for residents to evacuate. For a look at how hurricanes are categorized, and what it means for sustained wind...
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Hurricane Milton: Inmates Help Florida Residents Prepare By Filling Sandbags
Wednesday, October 9, 2024 - 12:18pm | 551As Florida braces for the destructive force of Hurricane Milton, inmates in several counties are "assisting residents that are not capable of filling their own sandbags," the Lake County Sheriff's Office wrote in a Facebook post. In preparation for the now Category 4 storm, the Lake County...
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Disney World Closes Early As Hurricane Milton Approaches Florida: Parks Brace For Impact
Wednesday, October 9, 2024 - 6:08am | 664Walt Disney World owned by the Walt Disney Co. (NYSE:DIS) will be closing early on Wednesday as Florida braces for the impact of Hurricane Milton. What Happened: Disney World announced that it will be closing its Hollywood Studios and Animal Kingdom at 1 p.m. on Wednesday, followed by the closure...
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Back-To-Back Hurricanes Batter Florida's Insurance Market: Stocks To Watch
Tuesday, October 8, 2024 - 5:40pm | 742Insurance companies operating in Florida face significant challenges following two intense hurricanes: Helene and Milton. What Happened: After Hurricane Helene, losses for private insurers were estimated at $3 to $6 billion. Hurricane Milton, expected to make landfall Wednesday on Florida's Gulf...
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Disney Faces $150M-$200M Blow From Hurricane Milton, Attendance Set To Drop 6%, Says Goldman Sachs
Tuesday, October 8, 2024 - 9:29am | 625As Hurricane Milton barrels toward central Florida, Goldman Sachs estimated that the newly classified Category 5 storm could have an adverse impact of $150 million to $200 million on Walt Disney World’s Parks and experiences in the current quarter. This potential loss is primarily attributed...
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Ron Desantis Denies Ignoring Kamala Harris's Calls Amid Hurricane Emergency: 'I Didn't Know She Called Me...I Was Not Aware Of That'
Monday, October 7, 2024 - 8:58pm | 412In a recent development, Florida Governor Ron DeSantis (R) has denied knowledge of any calls made by Vice President Kamala Harris in the aftermath of Hurricane Helene, despite numerous reports suggesting otherwise. What Happened: DeSantis claimed ignorance of Harris’s calls during a press...
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Generac Stock Powers Up Ahead Of Hurricane Milton
Monday, October 7, 2024 - 4:32pm | 524Generac Holdings, Inc. (NYSE:GNRC) shares traded higher Monday as Hurricane Milton barrels toward the Florida coast. The Details: According to a report from The Weather Channel, Hurricane Milton has intensified to a Category 5 storm, and hurricane watches have been posted along Florida's Gulf...
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After Helene, Florida Gears Up For Another Devastating Hurricane
Sunday, October 6, 2024 - 1:00pm | 409Florida’s Gulf Coast, still grappling with the aftermath of Hurricane Helene, is now bracing for another major hurricane. Tropical Storm Milton is rapidly intensifying and is expected to hit the region as a Category 3 hurricane by mid-week. What Happened: Milton’s top winds reached 60...
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Harris To Survey Helene Impact In North Carolina One Day After Trump Visit
Saturday, October 5, 2024 - 10:15am | 563Hurricane Helene has left a devastating mark on the Southeast, prompting urgent federal responses and highlighting stark political divides as communities struggle to recover. Vice President Kamala Harris is visiting North Carolina to support the state’s recovery efforts following Hurricane...
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Hurricane Helene Disrupts Flights, Sports Events, Disney Operations: Affected Regions, Stocks To Watch
Thursday, September 26, 2024 - 1:46pm | 1243Hurricane Helene is on track to hit Florida and the Gulf Coast region Thursday night in what could be one of the most powerful storms to strike the regions in decades. Here's a look at the regions most affected, and how the hurricane is impacting travel, sports, and key stocks to watch. Hurricane...
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Tropical Storm Helene Set To Become Hurricane: Generac, Duke Energy Stocks React As Florida Braces
Wednesday, September 25, 2024 - 11:40am | 526Tropical Storm Helene is forecasted to turn into a hurricane as it makes landfall over Florida on Thursday. The storm was located about 60 miles northeast of Cozumel, Mexico, Wednesday morning, moving northwest at 9 mph with maximum sustained winds of 70 mph, according to the National Weather...
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Energy Companies Sustain Minimal Damages As Hurricane Francine Weakens Inland
Thursday, September 12, 2024 - 7:55pm | 596Energy companies on the U.S. Gulf Coast suffered minimal damage after Hurricane Francine made landfall on Wednesday as a Category 2 hurricane and weakened as it made its way inland on Thursday. Shell plc (NYSE:SHEL) inspected its manufacturing sites in Geismar and Norco, Louisiana, to ensure the....