Tag: utilities

This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.

Posted on By E T No Comments on This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.
Business News

Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. Altfest founded Altfest Personal Wealth Management in 1983 after working as a general partner and director of research Lord Abbett & Co. Before that, he was an analyst for several … Read More “This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.” »

Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe

Posted on By E T No Comments on Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe
Business News

BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures on Sunday after Russia cut gas supplies to Europe last week, claiming technical problems caused by Western sanctions on Moscow for its attack … Read More “Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe” »

Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom

Posted on By E T No Comments on Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom
Business News

Wariness is in order after the S&P 500’s bear-market finish and a potential 75 basis-point Fed hike just one day away. Gains for stock futures and a potential bounce are fading fast. Morgan Stanley’s Mike Wilson, who can count some wins after pounding the table this year over a gloomy stock setup, told clients on Sunday that … Read More “Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom” »

Target, Caterpillar, and 3 More Stocks Getting Higher Dividends

Posted on By E T No Comments on Target, Caterpillar, and 3 More Stocks Getting Higher Dividends
Business News

Text size Target is raising its quarterly dividend by 20%. Justin Sullivan/Getty Images Target and Caterpillar were among the U.S. companies that declared dividend increases this week. Target (ticker: TGT ) said it plans to raise its quarterly disbursement to $1.08 a share, a 20% increase from 90 cents. The national retailer’s stock, which yields … Read More “Target, Caterpillar, and 3 More Stocks Getting Higher Dividends” »

California’s AI-driven efforts to prevent forest fires are struggling with the data challenge

Posted on By E T No Comments on California’s AI-driven efforts to prevent forest fires are struggling with the data challenge
Technology News

California-based utilities are increasingly investing in artificial intelligence to mitigate wildfires, but say they are struggling to gather enough data to train AI. Southern California Edison, San Diego Gas & Electric Co. and PG&E Corp. says they see promise in AI algorithms that use images taken by drones and other means to detect irregularities in … Read More “California’s AI-driven efforts to prevent forest fires are struggling with the data challenge” »

California’s AI-Powered Wildfire Prevention Efforts Contend With Data Challenge

Posted on By E T No Comments on California’s AI-Powered Wildfire Prevention Efforts Contend With Data Challenge
Technology News

California-based utility companies are increasingly investing in artificial intelligence for wildfire mitigation but say they are struggling to collect enough data to train the AI. Southern California Edison, San Diego Gas & Electric Co. and PG&E Corp. say they see promise in AI algorithms that use images captured by drones and other means to detect … Read More “California’s AI-Powered Wildfire Prevention Efforts Contend With Data Challenge” »

This Wall Street legend has lived through every bear market since the 1950s. He says the one coming could hit the S&P 500 with a 30% loss

Posted on By E T No Comments on This Wall Street legend has lived through every bear market since the 1950s. He says the one coming could hit the S&P 500 with a 30% loss
Business News

Bob Farrell, a 90-year-old retiree in Florida, is hardly a household name on Main Street. But on Wall Street, Farrell is an absolute legend. To say that Farrell has seen it all is an understatement. He has witnessed every bull-, bubble- and bear market since 1957, when he joined Merrill Lynch as an analyst trainee … Read More “This Wall Street legend has lived through every bear market since the 1950s. He says the one coming could hit the S&P 500 with a 30% loss” »

Duke Energy’s Revenue Beats Expectations, but Earnings Miss. The Stock Falls.

Posted on By E T No Comments on Duke Energy’s Revenue Beats Expectations, but Earnings Miss. The Stock Falls.
Business News

Text size Emissions rise from the Duke Energy coal-fired Asheville Power Plant. Charles Mostoller / Bloomberg Shares of Duke Energy were dropping Monday after the utility company reported an earnings miss while posting stronger-than-expected revenue and reaffirming its full-year guidance. Duke Energy (ticker: DUK ) reported adjusted earnings per share of $ 1.30, missing expectations … Read More “Duke Energy’s Revenue Beats Expectations, but Earnings Miss. The Stock Falls.” »

Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting

Posted on By E T No Comments on Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting
Business News

Text size Berkshire Hathaway’s Warren Buffett, left, and Charlie Munger, right, are seen in 2021. Daniel Acker / Bloomberg OMAHA, Neb. — The Berkshire Hathaway annual shareholders meeting is back in person for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Tens of thousands of Warren Buffett devotees are back … Read More “Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting” »

Nokia Stock Rises as Strong 5G Demand Leads to an Earnings Beat

Posted on By E T No Comments on Nokia Stock Rises as Strong 5G Demand Leads to an Earnings Beat
Business News

Text size Nokia’s quarterly net sales rose 5% to € 5.35 billion. Markku Ulander / Lehtikuva / AFP via Getty Images Shares of Nokia rose after the Finnish telecom equipment maker overcame supply chain and inflation challenges to report a forecast-beating first quarter, boosted by demand for 5G gear. Nokia (ticker: NOK) said first-quarter adjusted … Read More “Nokia Stock Rises as Strong 5G Demand Leads to an Earnings Beat” »

Advertise