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☆ UBS names its 'best single stock ideas' in the U.S. right now
▼ + stars: | 2023-07-19 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Swiss bank UBS has revealed a list of "key investment ideas," selecting stocks based on factors such as market conditions, economic trends and government policy. "We focus on the equity asset class and highlight our best single stock ideas in the US tied to select messages," the bank's Chief Investment Office stated in a July 17 research note, adding that its ideas are updated monthly. It also chose wind energy company Xcel Energy , which it said is "well positioned to outperform the S & P Utilities index over the next 12 months." Green investment, infrastructure ideas "Green investment, decarbonization commitments, consumer sentiment, and regulation will continue to drive the case for investing sustainably," UBS said in the note, picking several stocks under the "go sustainable" theme. "The stock ideas listed under key investment ideas reflect current views as of publication," the bank stated.

Persons: Burger King, Carey, telco, — CNBC's Michael Bloom Organizations: UBS, Investment, Brands, Xcel Energy, TJX Companies, Air Products, NextEra Energy, Constellation Energy, U.S Locations: North America, China

☆ Third quarter is a key time for extreme weather events. Here's what to expect for exposed stocks
▼ + stars: | 2023-07-04 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

The third quarter is a key time for extreme weather events. An El Niño weather pattern is widely expected for 2023. "Following three years of La Niña, climate scientists expect 2023 to have El Niño conditions with near-100% certainty given current signals," Karp said in a note to clients last month. Insurers are also among the stocks to typically move in relation to extreme weather events. This year should be a fairly typical one for hurricanes, as El Niño is typically linked to a less severe season.

Persons: Nature, —, Sophie Karp, La, Karp, El, bode, Morgan Stanley, Andrei Stadnik, Stadnik, Matthew Carletti doesn't, hasn't, Jefferies, Yaron Kinar, Brown, Arthur J, Gallagher, Aon, Niño, Generac, Aaron Jagdfeld, Bob Huang, bullish, — CNBC's Michael Bloom Organizations: National Oceanic, Atmospheric Administration, Energy, DTE Energy, WEC Energy, CNBC Pro's, WEC, Xcel Energy, Portland General Electric, Edison International, CenterPoint, Southern Company, Duke Energy, Nextera Energy, El, Insurance Australia Group, Suncorp, Arch Capital, Everest Re, Bloomberg, Arch Locations: El, Canada, U.S, Gulf, Pacific Northwest, California, Michigan, Avista, Portland, American, Mexico, CenterPoint Energy, Bermuda, Texas

☆ Perryton, Texas tornado: 3 people dead and dozens injured after tornado ripped through a town in the Texas Panhandle
▼ + stars: | 2023-06-16 | by ( Aya Elamroussi Dave Alsup Melissa Alonso | Aya Elamroussi | Dave Alsup | ) edition.cnn.com time to read: +4 min

CNN —At least three people were killed and dozens were hospitalized after a tornado ripped through a town in the Texas Panhandle on Thursday afternoon, nearly leveling some buildings and prompting power outages. A view of a damaged site in Perryton as the town gets struck by a tornado in Texas on Thursday in this screengrab obtained from a social media video. Greg Abbott has deployed state emergency resources to “meet urgent life-safety needs in Perryton, Texas,” according to a news release from his office. Sabrina Devers/TMX/ReutersOfficials in Beaver County, Oklahoma, sent fire, law enforcement and EMS units to help, according to the county’s emergency manager Keith Shadden. The sheriff’s office in Hutchinson County — which includes Stinnett — also sent rescue and emergency operations following the “devastating tornado,” according to a Facebook post from the office.

Persons: Paul Dutcher, CNN’s Alisyn, Kelly Judice, ” Judice, Sabrina Devers, ”, Wes Reeves, Greg Abbott, Keith Shadden, —, Judice, “, Brian Emfinger, Emfinger, ” Emfinger, Cole Underwood, there’s, Ronny Jackson Organizations: CNN, Texas Panhandle, Xcel Energy, Texas Gov, Reuters, National Weather Service, NWS Locations: Texas, Perryton, Perryton , Texas, Beaver County , Oklahoma, Stinnett , Texas, Hutchinson County, Oklahoma, Michigan

☆ Controlled burn and downed power line sparked Colorado's costliest wildfire
▼ + stars: | 2023-06-09 | by ( Keith Coffman | ) www.reuters.com time to read: +3 min

[1/5] A statue stands amidst the remains of homes destroyed by the Marshall Fire in Louisville, Colorado, U.S. December 31, 2021. REUTERS/Alyson McClaran/File PhotoDENVER, June 8 (Reuters) - Colorado's costliest wildfire on record started from fierce winds that damaged power lines and unearthed smoldering embers from a controlled burn days earlier, sparking two blazes that merged into a deadly conflagration, authorities said on Thursday. The sheriff's report was released as a group of two dozen homeowners and community members filed a lawsuit against Xcel Energy, the utility whose wind-damaged power lines the sheriff's office cited as having contributed to the deadly fire. Both the sheriff's office and local prosecutors determined there was insufficient evidence of criminal conduct in connection with the blaze and determined that charges would be filed, the sheriff's statement said. Reporting by Keith Coffman in Denver; Editing by Steve Gorman and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Alyson McClaran, Investigators, Marshall, Biden, Keith Coffman, Steve Gorman, Michael Perry Organizations: Marshall Fire, REUTERS, DENVER, Sheriff's, Xcel Energy, Energy, Thomson Locations: Louisville , Colorado, U.S, Boulder, Boulder County, Denver, Colorado

☆ Here are Thursday's biggest analyst calls: Amazon, Apple, GameStop, T-Mobile, Skechers, Lowe's & more
▼ + stars: | 2023-06-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Jefferies downgrades Las Vegas Sands and Wynn to hold from buy Jefferies downgraded several casino stocks, mainly on valuation. Jefferies reiterates Apple as buy Jefferies said it stands by its buy rating on the Mac maker but that it's concerned about the lack of social experience with Apple's VR technology. Jefferies reiterates GameStop as hold Jefferies said the revolving door of GameStop executives is "more of the same" for the company. Skechers is the world's 3rd largest footwear brand and an underappreciated growth stock, in our view." Bank of America reiterates Lowe's as a buy Bank of America said investors should buy the stock "when the market is fearful."

Persons: Wells, Jefferies, Wynn, WYNN, LVS, Oppenheimer, Apple, Wolfe, Goldman Sachs, Salesforce, Goldman, Morgan Stanley, Skechers, Lowe's, Bernstein Organizations: Vegas Sands, Citi, Apple, VR, GameStop, Mobile, Smart, Rio Tinto, UBS, Amazon, Carrier, Bank of America, of America, NextEra Energy, Xcel Energy, American Electric Power, Barclays, FedEx Locations: Vegas, Rio, China, 2023E

☆ JPMorgan downgrades this electric utility stock on rising regulatory risks
▼ + stars: | 2023-06-02 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

JPMorgan thinks a new slate of regulation will weigh on Xcel Energy despite the utility's exposure to a transition toward clean energy. The bank downgraded Xcel Energy to neutral from overweight Friday, with a new $68 per share price target reduced from $79. XEL YTD mountain Xcel Energy stock has pulled back about 9.4% so far in 2023. The commission's increase amounts to 9.25% return on equity, the note said, which is below the firm's expectation of roughly 9.6%. "Overall, XEL remains an attractive regulated story with exposure to energy transition themes across generation and transmission, which underpins an extended growth runway into the next decade," Tonet said.

Persons: Jeremy Tonet, Tonet, — CNBC's Michael Bloom Organizations: JPMorgan, Xcel Energy, Energy, Xcel Locations: Minnesota

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Broadcom, Bowlero, Microsoft, Rivian & more
▼ + stars: | 2023-06-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Broadcom as buy Bank of America raised its price target on the stock to $950 per share from $800 after Broadcom's earnings report on Thursday. "Our new PO of $950 (from $800) represents 21x CY24E EV/FCF as AI accelerates company growth potential. Bank of America reiterates Five Below as buy Bank of America said the discount retailer has "recession resilience." Bank of America upgrades Surgery Partners to buy from neutral Bank of America said the health care company has " favorable long-term tailwinds." Bank of America reiterates Lululemon as buy Bank of America said Lululemon is a "best-in-class growth story."

Persons: it's, Riley FBR, Riley, Piper Sandler downgrades, Piper, Morgan Stanley, Apple, it's bullish, Wells, Stifel, Goldman Sachs, Goldman, 100bps, Frank Klein, Tim Fallon, Tim Bei, Derek Mulvey, RIVN, Lululemon Organizations: Bank of America, Broadcom, Warner Music, JPMorgan, Energy, Surgery Partners, of America, Partners, Amazon, Microsoft, ISI, Barclays, Strategic Finance, Citi, Frontier Citi, LaGuardia, Spirit Airlines, Watch Locations: Valvoline, Biopharma, Agriculture, Normal , IL

If the Fed opts to pause, Treasury yields are expected to decline. Stocks that could gain on falling interest rates Here are the top stocks that are poised to move higher if the Fed signals it will pause rate increases. The gold miner benefits from a rise in gold prices, and in general, gold tends to rise when interest rates fall. Meanwhile, genetics company Illumina should gain if interest rates fall, according to its correlation to the SHY ETF. Stocks poised to gain on rate increases However, if the Fed suggests rate hikes will continue, short-term Treasury yields will likely go up, benefiting these stocks.

Treasury yields dropped on the back of the report. More specifically, we looked at the rolling 100-day correlation between Nasdaq-100 stocks and the SHY ETF. Here are the five-most correlated Nasdaq-100 stocks to falling rates. Here are the five-most correlated Nasdaq-100 stocks to falling rates. Stock Chart Icon Stock chart icon Shares of Seagan are one of the more closely correlated stocks of the iShares short-term bond yield ETF.

☆ A nuclear plant that leaked 400,000 gallons of radioactive water will be shut down after second incident
▼ + stars: | 2023-03-24 | by ( Erik Ortiz | ) www.cnbc.com time to read: +5 min

This second leak involved hundreds of gallons of radioactive water, according to the utility company, far less than the 400,000 gallons that was discovered leaking in late November. "I think the general public needs to be informed more about this," Megan Sanborn, 31, who lives 6 miles upstream from the nuclear plant, said. Tritium spills do happen occasionally but are typically contained within a nuclear site, according to the Nuclear Regulatory Commission. The incident comes as Xcel Energy is in the midst of seeking an operating license renewal for Monticello. At a town hall meeting over the license on Wednesday, before the latest leak was known publicly, Nuclear Regulatory Commission officials sought to allay residents' fears.

☆ NHL roundup: Wild's Kirill Kaprizov caps hat trick in OT
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +6 min

Sabers 7, Capitals 4Dylan Cozens delivered his first career hat trick, and Buffalo defeated visiting Washington. Vinnie Hinostroza had a goal and an assist for Buffalo, while Cozens added an assist for the first four-point game of his career. T.J. Oshie scored his fourth goal in three games and added an assist, and Dylan Strome had a goal and an assist. Nick Schmaltz had a goal and an assist, and Shayne Gostisbehere also scored a goal for Arizona. Trocheck added an assist, and Mika Zibanejad and Artemi Panarin each had a goal and an assist.

☆ As ChatGPT mania takes hold, here's how companies beyond tech are using A.I.
▼ + stars: | 2023-02-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

AI's been in use for years, of course, helping companies improve products, efficiency and their business models. Media conglomerate Comcast (the parent of CNBC) is harnessing AI to improve expenses and innovate within high-speed broadband, while Stanley Black & Decker mentioned it's using AI to help customers better measure the hardening of concrete. Here's how some of the biggest companies outside of technology are utilizing AI to improve their businesses: Healthcare companies bet on AI One of the biggest beneficiaries of the latest AI trends might be healthcare companies. Some health companies also view machine learning and AI as tools to assist in areas with doctor shortages or fewer resources. Minneapolis-based utility Xcel Energy said it's using AI technology to improve efficiency at its plants and move from "reactive to proactive maintenance," said Brian Van Abel, Xcel's chief financial officer.

☆ Morning bid: Parsing the peak, sidestepping a slump
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +4 min

"We are turning the corner on inflation," BoC Governor Tiff Macklem told reporters, while dismissing any thought of policy easing for now. Just how bad the underlying economy gets before the central banks are done is the other burning question. On the activity side, the prospect of reviving growth in China and the euro zone certainly changes the international picture. In Europe, STMicroelectronics jumped 8% after the chipmaker reported a sales beat and Finnish telecom equipment maker Nokia jumped 5% after its own beat. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Earnings could keep the market on edge in week ahead as investors wait for Fed
▼ + stars: | 2023-01-20 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

I do think that will happen even more in the week ahead as the Fed is in a blackout period. S & P Global PMI data is released for both services and manufacturing Tuesday. "The market continues to think the Fed does not have to administer as much medicine as the Fed tells us they plan to. Earnings, earnings, earnings Stocks were lower in the past week, with the S & P 500 off by 1.8%. "It's a mild earnings recession, but it's an earnings recession.

☆ Some CFOs Are Boosting Their Credit Lines as Insurance Against Recession
▼ + stars: | 2022-11-16 | by ( Kristin Broughton | Nina Trentmann | ) www.wsj.com time to read: +7 min

In addition to recession-planning, some companies are expanding their credit lines in response to higher input and inventory costs, corporate bankers said. Term loans are also funded at the outset, unlike credit lines. Photo: Xcel EnergyThe company increased its revolving credit lines primarily because it is expanding and also confronting higher commodity costs, Mr. Johnson said. Xcel doesn’t typically allow its commercial-paper balances to exceed 40% of its total borrowing capacity under its revolving credit lines, Mr. Johnson said. Bombardier in the third quarter closed on a new $300 million, five-year revolving credit facility.

☆ Morning Bid: Meta averse, ECB decides and CS slides
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike Dolan. Meta added a deep pothole to an already bumpy U.S. earnings season - another obstacle to a market pumped-up by bets of some central bank relief on the horizon as G7 economies slow. read moreWith Apple (AAPL.O) and Amazon reporting later on Thursday, sentiment toward tech giants remains on edge. But after two-week, trough-to-peak bounce of almost 10%, global stock indices (.MIWD00000PUS) struggled to make much headway for the second session on Thursday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Why convenience stores aren't rushing to replace gas pumps with EV chargers
▼ + stars: | 2022-10-18 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —Gas stations with convenience stores seem like an obvious location for electric vehicle chargers. The bipartisan infrastructure bill is providing $7.5 billion to help pay for electric vehicle chargers that could help gradually replace gas pumps. Convenience stores with fuel pumps account for 80% of fuel purchased in the US, according to the industry trade group. Customers charging electric vehicles must stick around longer, so they may be more likely to buy food and other goods. That way the convenience stores aren’t pulling a huge amount of power from the grid at once.

Companies Xcel Energy Inc FollowSept 29 (Reuters) - More big U.S. companies have tied their CEO pay to climate goals but few give executives much incentive to make significant emissions cuts, a new study shows. Only four other companies tied their executive pay to climate metrics, though they were not as strict about reducing emissions, As You Sow found. Register now for FREE unlimited access to Reuters.com RegisterSome companies may only be trying to look good to investors with vague wording in securities filings about making progress toward cutting emissions, study authors said. As You Sow's study examined all the 47 U.S. companies targeted by the Climate Action 100+ global investor initiative to reduce industrial greenhouse gas emissions. Among the 47, more than half did not directly tie their pay to climate actions, the study shows.

☆ Duke Energy is one of the top leakers of a gas that is 25,000 times more polluting than carbon dioxide, EPA records show
▼ + stars: | 2022-09-21 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com time to read: +22 min

The emissions were equal to the annual greenhouse gas emissions of more than 59,000 automobiles, according to the EPA’s greenhouse gas equivalency calculator. Under such a scenario Duke Energy would likely have years of low emissions punctuated by a single year of high emissions. While other utilities have participated for decades in a voluntary program with the EPA to reduce SF6 emissions to next to nothing, Duke Energy has not. Brooks said Duke Energy is also targeting its most leaky equipment for faster replacement. The figure is roughly half of 1% of all greenhouse gas emissions worldwide, far smaller than yearly emissions of carbon dioxide, the primary driver of climate change.

☆ 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.

☆ Congressional stock report: Diet Coke-loving Debbie Dingell buys the competition, environmentalist Lois Frankel eyes oil, and Dan Crenshaw gets his move on
▼ + stars: | 2021-03-29 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +6 min

Members of Congress regularly make stock trades and are required to disclose them. Here's Insider's compilation of the most recent stock trades lawmakers disclosed. Her stock sales include the American Express Company, Booz Allen Hamilton Holding Corporation, consumer credit reporting agency Equifax Inc., and oil company Hess Corporation. Dingell this month also sold up to $50,000 worth of stock in the parent company of department store Macy's. These disclosures, which include a range of information about members' income, assets, debt, and financial trades, were originally due May 17.

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