Company Overview and News

 
UPDATE 1-New Jersey Senate, Assembly passes nuclear subsidy bill

2018-04-12 reuters
April 12 (Reuters) - The New Jersey Senate and Assembly on Thursday passed a bill that would cost about $300 million a year to subsidize three nuclear reactors operated by New Jersey power company Public Service Enterprise Group Inc.

 
How FirstEnergy Is Placed amid Mounting Challenges

2018-04-05 editors.aws.marketrealist
Ohio-based FirstEnergy (FE) is undergoing a transformation that its investors may cheerfully welcome. The company is having an eventful year so far. It’s received an investment from a leading activist investor, it’s asked for state aid to run its struggling power plants, and its riskier competitive subsidiary has filed for bankruptcy. The utility is focusing on becoming a pure-play regulated utility, which could stabilize its earnings in the long term.

 
Charitable Giving by Corporations Is Also About Getting, a New Study Finds - The New York Times

2018-04-04 nytimes
Corporate philanthropy, business leaders would have us believe, is the ringing voice of a company’s social conscience. Exxon Mobil may stand accused of misleading investors and shareholders about what it knew about climate change, but the ExxonMobil Foundation’s multimillion-dollar contributions to end deaths from malaria and to train women in developing countries should, executives hope, balance the ethical ledger.

 
DTE Energy (DTE) to Raise Generation Capacity in Michigan

2018-04-03 zacks
DTE Energy Company (DTE - Free Report) unveils plans to double its electricity generation capacity from renewable resources of energy in the State of Michigan by 2022. The proposal is part of the company’s 2018 Renewable Energy Plan, which was submitted to the Michigan Public Service Commission on Mar 30. The plan is in sync with DTE Energy’s earlier announced initiative to lower carbon emissions. Notably, the company projects to achieve this goal by reducing carbon emissions from its power plants up to 30%, 45%, 75% and more than 80% by early 2020s, 2030, 2040, and 2050, respectively.

 
Top Analyst Upgrades and Downgrades: Autodesk, Boeing, Duke Energy, GameStop, Harley-Davidson, Hasbro, Mattel, Starbucks, Yandex and More

2018-03-29 247wallst
The markets closed down marginally on Wednesday, but the major indices were up on Thursday. The bull market is now over nine years old. While the trend of buying pullbacks has worked over and over, it now seems that the sellers and volatility are more influential than they have been in years. This is making it ever harder for investors to decide how they want their assets positioned for the rest of 2018 and beyond.

 
Zacks.com highlights: Verso, Covenant Transportation Group, Darling Ingredients, Ingles Markets and Exelon

2018-03-27 zacks
Chicago, IL – March 27, 2018 - Stocks in this week’s article include: Verso Corporation (VRS - Free Report) , Covenant Transportation Group, Inc. (CVTI - Free Report) , Darling Ingredients Inc. (DAR - Free Report) , Ingles Markets, Inc. (IMKTA - Free Report) and Exelon Corporation (EXC - Free Report) .

 
5 Stocks With Strikingly Low EV/EBITDA Ratios to Own Now

2018-03-26 zacks
Investors typically have a fixation for the price-to-earnings (P/E) strategy in their quest for stocks that are trading at bargain prices. A widely favored approach by value investors is to chase stocks that have a low P/E ratio. But even this straightforward, broadly used valuation metric suffers a few downsides. EV/EBITDA is a Better Approach, Here’s Why While P/E is preferred by many investors while uncovering bargain stocks, another valuation metric called EV/EBITDA does a better job.

 
FirstEnergy Stock’s Current Valuation

2018-03-20 editors.aws.marketrealist
FirstEnergy (FE) stock is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) valuation of 8.4x. FirstEnergy’s five-year valuation average is around 9.0x. So FE stock appears to be trading at a discounted valuation to its historical average.

 
Why Oil-Rich Saudi Arabia Is Turning to Nuclear Power - Bloomberg

2018-03-20 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Top Ranked Income Stocks to Buy for March 19th

2018-03-19 zacks
Here are four stocks with buy rank and strong income characteristics for investors to consider today, March 19th:

 
Why Is Exelon (EXC) Up 1.9% Since Its Last Earnings Report?

2018-03-09 zacks
A month has gone by since the last earnings report for Exelon Corporation (EXC - Free Report) . Shares have added about 1.9% in that time frame.

 
Tax Reforms to Benefit Southern Company's (SO) Customers

2018-03-09 zacks
Power supplier Southern Company’s (SO - Free Report) subsidiary, Georgia Power’s customers are expected to gain from the federal Tax Reform Legislation passed in December 2017. The cutback in the federal corporate income tax rate to 21% from 35% is likely to result in a savings of $1.2 billion for the Georgia Power customers. The savings would take place over the next two years. Georgia Public Service Commission ("PSC") has also confirmed the benefits as part of the agreement with Georgia Power.

 
Netanyahu Warns U.S. Lawmakers About Saudi Nuclear Power Deal - Bloomberg

2018-03-08 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Nor'easter Grounds Flights, Leaves Thousands Without Power - Bloomberg

2018-03-02 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
BRIEF-Craig Adams To Retire As President And CEO Of Peco

2018-03-01 reuters
* EXELON CORP - INNOCENZO TO ALSO ASSUME ADAMS’ ROLE AS EXECUTIVE VICE PRESIDENT OF EXELON CORPORATION Source text for Eikon: Further company coverage:

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2018-04-18 - Asif

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2018-04-16 - Asif

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ENRT: Enertopia Corp (CNSX:TOP) Analysis and Research Report

2018-04-16 - Asif

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2018-04-15 - Asif

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2018-04-12 - Asif

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CUSIP: 30161N127