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☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Duke Energy to build end-to-end green hydrogen system in Florida
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +1 min

The company logo and ticker for Duke Energy Corp. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 27 (Reuters) - Electric utility Duke Energy (DUK.N) said on Friday it would build a project to create clean energy using an end-to-end system to produce, store and combust 100% green hydrogen, in Florida. Green hydrogen, produced by splitting water through electrolysis using renewable energy, is expected to play a key role in decarbonizing various industries, including transport. Construction of the demonstration project in DeBary would begin later this year and could take about one year to complete, Duke said. The new system would begin with the existing 74.5-megawatt (MW) DeBary solar plant providing clean energy for two 1-MW electrolyzer units.

Persons: Brendan McDermid, Sargent, Lundy, Electric's, Duke, Arunima Kumar, Shilpi Majumdar Organizations: Duke Energy Corp, New York Stock Exchange, REUTERS, Electric, Duke Energy, Duke, GE, Thomson Locations: New York, U.S, Florida, DeBary, Bengaluru

☆ Factbox: Stocks to watch as Idalia makes landfall in Florida
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

Electric power transmission pylon miniatures and Nextera Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNEW YORK, Aug 28 (Reuters) - Florida is bracing for Tropical Storm Idalia as it intensifies into a major hurricane on Monday before making landfall on the state's Gulf Coast by Wednesday morning. About 20 million Floridians are under hurricane and tropical storm watches, and authorities have begun issuing evacuation orders. Shares of NextEra Energy Inc (NEE.N), which owns the Florida Power & Light Company, the state's largest utility, was little changed at $68.06, up 0.154%. Reporting by Chibuike Oguh in New York; editing by Lance Tupper and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Idalia, Here's, Ron DeSantis, –, Owens Corning, Chibuike Oguh, Lance Tupper, Nick Zieminski Organizations: REUTERS, Simpson, National Hurricane Center, POWER Florida, NextEra Energy Inc, Florida Power & Light Company, Duke Energy Corp, Generac Holdings, Universal Insurance Holdings, Allstate Corporation, American International, Home, Lowe's, Thomson Locations: Florida, Coast, Big, New York

☆ Stocks to watch as Idalia makes landfall in Florida
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNEW YORK, Aug 28 (Reuters) - Florida is bracing for Tropical Storm Idalia as it intensifies into a major hurricane on Monday before making landfall on the state's Gulf Coast by Wednesday morning. Idalia is predicted to transform into a Category 3 on the Saffir-Simpson Hurricane Wind Scale when it makes landfall in northern Florida's Big Bend area, where the panhandle transitions into the peninsula, the National Hurricane Center said. About 20 million Floridians are under hurricane and tropical storm watches, and authorities have begun issuing evacuation orders. Shares of NextEra Energy Inc (NEE.N), which owns the Florida Power & Light Company, the state's largest utility, was little changed at $68.06, up 0.154%. Duke Energy Corp (DUK.N) said on Monday it is mobilizing approximately 4,500 people - power line technicians, vegetation workers, damage assessors and support personnel – to respond to power outages as Idalia reaches Florida.

☆ Duke Energy misses profit estimates as warm weather weighs on power usage
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +1 min

May 9 (Reuters) - Duke Energy Corp (DUK.N) on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities firm was hit by unfavorable weather, higher interest expenses, and lower volumes. Warmer-than-normal weather in the states serviced by the company weighed on customers' electricity needs for heating in colder months. Duke's electric utilities, which serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, saw income fall about 12% to $791 million from last year. Meanwhile for its gas utilities, which serve 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky, income rose about 13% to $287 million for the quarter, aided by better retail margins. Duke said it earned $1.20 per share, on an adjusted basis, in the January-March quarter.

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

REUTERS/Nathan Frandino//File PhotoNEW YORK/HOUSTON, March 10 (Reuters) - Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious investing: do good while doing well. But sharply higher interest rates have further stressed a model strained by soaring prices for steel and silicon, vital for wind turbines and solar panels. Higher costs have buyers and sellers of renewable power projects recalculating potential returns, hampering fundraising and mergers and acquisitions (M&A). A decade of low interest rates meant borrowers could raise cheap debt to build projects and juice returns. Financial investors traditionally took stakes in operating renewables projects to avoid risks of construction delays and ensure stable returns.

☆ Bigger utilities to benefit most from Biden's clean-energy funds
▼ + stars: | 2023-02-07 | by ( Laila Kearney | ) www.reuters.com time to read: +3 min

The Biden administration's $430 billion Inflation Reduction Act devotes billions of dollars for tax credits and direct payments for solar, wind, battery and other energy sources to move electric power supplies from fossil fuels. Regulated utilities including Duke Energy Corp (DUK.N) and Dominion Energy Inc (D.N) begin reporting fourth-quarter results this week and analysts expect them to lay out plans for capitalizing on the IRA. NextEra, the biggest U.S. generator of renewable energy, has a backlog of 16,500 megawatts of renewables projects. The parent of Florida Power and Light has added 25% to that backlog in the last year, executives have said. Solar projects in sunny states in the south and southwest and wind projects in the Midwest are among the best situated to collect IRA dollars, she said.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ CIOs in 2023 Want to Know: Who’s Got Talent?
▼ + stars: | 2022-12-27 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +5 min

As the information technology talent gap continues into 2023, chief information officers are augmenting recruiting efforts with new models like upskilling, job sharing and rotations as well as raising salaries and offering perks to retain workers. Some also believe the shifting economy could make it easier to fill vacancies, although the short term talent market remains challenging. “It’s been a source of should we, not deprioritize, but re-sequence the work that we’re doing,” Kroger CIO Yael Cosset said of the talent shortage. Duke Energy is developing certification curricula and joining with software companies on education programs to help internal talent learn new skills, said CIO Bonnie Titone. SHARE YOUR THOUGHTS What do you think CIOs can do to find and retain talent in 2023?

☆ Going Into 2023, CIOs Weigh Tech Priorities Against Economic Realities
▼ + stars: | 2022-12-23 | by ( Angus Loten | ) www.wsj.com time to read: +6 min

Bonnie Titone, chief information officer at Duke Energy Corp., a Charlotte, N.C.-based power producer, said CIOs are being told to get by with less, but without decreasing output or positive outcomes. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. One resource to keep top of mind is talent, said Brad Peterson, Nasdaq Inc.’s chief technology and chief information officer, adding that economic slowdowns can provide opportunities to reassess talent development and succession planning. Diogo Rau, chief information and digital officer at Eli Lilly Photo: Eli Lilly & Co. “My perceptions of the economy haven’t changed the way I plan to approach my role,” said Diogo Rau, chief information and digital officer at Eli Lilly & Co.

☆ Factbox: Over a million without power on U.S. East Coast and Texas due to winter storms
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

Dec 23 (Reuters) - More than a million homes and businesses were without power on the U.S. East Coast, Midwest and Texas on Friday as winter storms battered much of the country, according to data from PowerOutage.us. Most outages were in North Carolina, with over 164,000 customers without power, followed by Virginia with over 92,000 and Connecticut with more than 89,000. More than a dozen other states east of the Mississippi River plus Oregon, Washington state, Missouri, Louisiana and Arkansas west of the Mississippi River each have more than 10,000 customers facing outages due to winter storms. Temperatures in northern Georgia were forecast to hit just 10 degrees Fahrenheit (-12 Celsius) with subzero wind chills. The utility with the most outages was Duke Energy Corp (DUK.N) with over 100,000 customers without power.

☆ Corporate Tech Leaders Untangle Their Cybersecurity Roles
▼ + stars: | 2022-12-22 | by ( Belle Lin | ) www.wsj.com time to read: +6 min

Information technology and cybersecurity chiefs grew closer than ever in 2022, a dynamic allowing for more comprehensive threat mitigation, but raising new questions over responsibilities. About 50% of the company’s threat planning simulations, in which IT plays an active role, involve ransomware scenarios, according to Ms. Smart. Ms. Allison is retiring at the end of the year, the company said, and will be succeeded by Gary Harbison. Photo: Adobe Inc.Prasad Ramakrishnan, the CIO and former CISO of software maker Freshworks Inc., said IT and security have shared roles in evaluating the cybersecurity resiliency of corporate software purchases. And in securing a hybrid work environment, his joint cybersecurity and IT roles included adding a new cybersecurity layer on top of cloud-based software on company laptops.

☆ North Carolina utility restores power to all customers after substation attack
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +1 min

Dec 8 (Reuters) - A North Carolina utility said on Thursday it had restored power to all of the homes and businesses affected by what authorities described as an orchestrated gunfire attack that disabled two substations last week. Duke Energy Corp said 45,000 customers who lost power in the attack in Moore County five days earlier had electric service restored. Schools across the county of 100,000 people canceled classes for students for the forth day on Thursday. School officials were worked to ensure that electrical, HVAC and communications were operational before resuming classes, they told local media. Federal law enforcement officials were helping an investigation into the situation, which was also monitored by the White House.

☆ North Carolina county in dark for third day after attack on power substations
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Jonathan DrakeDec 6 (Reuters) - Tens of thousands of households and businesses in North Carolina remained without power for a third day on Tuesday as authorities investigate what they describe as an orchestrated gunfire attack that disabled two substations. North Carolina Governor Roy Cooper on Tuesday said "a serious national conversation" about protecting critical infrastructure is needed after the attack. On Saturday night, utility workers investigating reports of widespread outages found gates broken and evidence of gunfire damage to equipment at two substations in the county. That represented nearly all customers served by the company in Moore County, spokesperson Jeff Brooks said on Monday. For most customers, power would likely be out through Wednesday or Thursday because the damage to the substations was extensive and requires complicated parts and repairs, Brooks said.

☆ North Carolina county enters third day of outages as FBI probes motive
▼ + stars: | 2022-12-06 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +3 min

Thousands of residents in a North Carolina county entered their third day without lights and heating on Tuesday after "targeted attacks" on two electric substations over the weekend caused widespread outages and shut down schools across the county. The outages came after a suspect was alleged to have driven up to two Duke Energy power substations Saturday night and opening fire, disabling the two substations and plunging tens of thousands of people into a blackout. Moore County Sheriff Ronnie Fields said the attacks at the substations located in West End and Carthage, about 5 miles apart, appeared to be targeted, but a motive in the attacks remains unclear. "Due to the continuing widespread power outage in Moore County and on Moore County Schools operations, all schools will be closed to all students and staff on Tuesday," Moore County Schools said in a tweet Monday. Spokesperson for Duke Energy Corporation Jeff Brooks, center, speaks on Monday at the Moore County Sheriffs office.

☆ North Carolina county still in dark after attack on power substations
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Jonathan DrakeDec 6 (Reuters) - Tens of thousands of households and businesses in North Carolina remained without power for a third day on Tuesday as authorities investigate what they describe as an orchestrated gunfire attack that disabled two substations. North Carolina Governor Roy Cooper said on Tuesday that "a serious national conversation" about protecting critical infrastructure is needed after the attack. On Saturday night, utility workers investigating reports of widespread outages found gates broken and evidence of gunfire damage to equipment at two substations in the county. That represented nearly all customers served by the company in Moore County, spokesperson Jeff Brooks said on Monday. For most customers, power would likely be out through Wednesday or Thursday because the damage to the substations was extensive and requires complicated parts and repairs, Brooks said.

[1/3] Duke Energy workers gather as they plan how to repair a crippled electrical substation that they said was hit by gunfire after the Moore County Sheriff said that vandalism caused a mass power outage, in Carthage, North Carolina, U.S. December 4, 2022. REUTERS/Jonathan DrakeDec 4 (Reuters) - Residents of a central North Carolina county faced a second night of freezing weather without power on Sunday after vandals opened fire on two electric substations in what authorities called a "targeted attack." A motive for the Saturday night damage spree wasn't clear, said Moore County Sheriff Ronnie Fields. The lights went dark at about 7 p.m. Saturday for 40,000 homes and businesses in Moore County. Reporting by Rich McKay in Atlanta and reporting by Sharon Bernstein in Sacramento, Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ Duke Energy Enters Into Amazon Cloud Deal
▼ + stars: | 2022-11-22 | by ( Belle Lin | ) www.wsj.com time to read: +3 min

Duke Energy Corp. said it has signed a three-year deal with Amazon. com Inc.’s cloud-computing unit as the electric power and natural gas holding company aims to advance its power grid improvements and clean energy goals. Charlotte, N.C.-based Duke will use Amazon Web Services to run applications that predict electricity needs on its power grid, and where and how the grid should be updated to meet those needs. Ms. Titone oversees an information-technology department of more than 2,000 people, with about 400 focused on accelerating Duke’s cloud transition. There are certainly things that we need to house and maintain in our own data center,” Ms. Titone said.

☆ Duke sees big benefits from U.S. Inflation Reduction Act
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

Companies Duke Energy Corp FollowNov 4 (Reuters) - Duke Energy Corp (DUK.N) expects to receive significant tax incentives from the U.S. Inflation Reduction Act , the American company said on Friday. Duke said it will benefit from several parts of the law -- which took effect in August -- including production tax credits (PTC) for nuclear and solar power and investment tax credits for energy storage. Duke also said it could have about 13 to 17 gigawatt (GW) of connected solar power over the next 10 years, with each gigawatt of solar equal to about $60 million in annual gross PTCs. In addition, Duke said it had the potential to make $2.5 to $4.5 billion of storage investments over the next 10 years to qualify for 30% storage investment tax credits. Duke said those credits would provide its customers with a more affordable transition to clean energy.

☆ Factbox: U.S. companies brace for Hurricane Ian
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +5 min

Sept 28 (Reuters) - Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. NextEra Energy Inc's (NEE.N) Florida Power & Light Co, the largest utility in the state, deployed nearly 16,000 workers from 27 states to restore power. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

☆ Factbox: U.S. companies gird themselves as Hurricane Ian makes landfall
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +6 min

Sept 28 (Reuters) - Hurricane Ian makes landfall in Florida with Category 4 fury on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. Costco Wholesale Corp closed nine stores located in Florida due to an impact of Hurricane Ian. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

☆ Anthony Gonzalez snags GoodRx, Marie Newman sells Moderna, Gary Peters buys fossil fuel burners
▼ + stars: | 2021-04-26 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +8 min

Newman sells ModernaLast week, Insider reporters Kimberly Leonard and Warren Rojas profiled the stock trades of Rep. Marie Newman, a freshman Democrat from Illinois, and her husband. On Wednesday, Newman reported that she or her husband made additional stock trades in January. And he and his wife last week reported making dozens of different stock trades and financial moves during March. Rep. Josh Gottheimer, a Democrat from New Jersey, made more than 60 stock trades during March. Rep. John Yarmuth, a Democrat from Kentucky, meanwhile made nearly 20 stock trades during March.

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