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☆ Options Action: Big bets placed on Cameco
▼ + stars: | 2023-06-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: Big bets placed on CamecoMike Khouw, Optimize Advisors president, joins CNBC’s Melissa Lee and the Options Action traders to discuss Cameco trades.

Persons: Mike Khouw, Melissa Lee Organizations: Options

☆ Russia's war on Ukraine latest: EU to discuss sanctions on Chinese and Iranian firms
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +3 min

May 10 (Reuters) - European Union states hold a first discussion on Wednesday on proposed new sanctions over Russia's war in Ukraine that would target Chinese and Iranian firms and allow export curbs on third countries for busting existing trade restrictions. GRAIN EXPORTS* The United Nations said inspections resumed on Tuesday of outbound vessels under a deal allowing the safe Black Sea export of Ukraine grain, which Moscow has threatened to quit on May 18 over obstacles to its own grain and fertilizer exports. CONFLICT* The governor of Russia's Voronezh region said on Wednesday that two drones attempted to attack a military facility in his region, but failed. * Russia's air defence forces shot down an "enemy" drone in the Kursk region bordering Ukraine, its governor said, adding that falling debris damaged a gas pipeline and a house. * Arman Soldin, a 32-year-old video journalist for Agence France Presse (AFP) in Ukraine, was killed on Tuesday by Grad rocket fire near Chasiv Yar, in eastern Ukraine, AFP said on Twitter, citing AFP colleagues who witnessed the incident.

☆ Russia's war on Ukraine latest: Ukraine says defence systems repel Russian attacks
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +2 min

May 9 (Reuters) - Ukraine's air defence systems are repelling Russian attacks on the capital, Kyiv's military administration said early on Tuesday, following air raid alerts nationwide. * Russia celebrates the World War Two anniversary of victory over Nazi Germany, with a parade in Red Square amid tight security after a string of drone attacks, including on the Kremlin citadel, that Russia blamed on Ukraine. * The United States plans as soon as Tuesday to announce a new $1.2 billion military aid package for Ukraine that will include air defense systems, ammunition and funds for training, a U.S. official said. * Dutch Prime Minister Mark Rutte said he will lay out the need to defend Ukraine in the war with Russia when he meets Brazilian President Luis Inacio Lula da Silva, who has been critical of arming the Ukrainians. * Ukrainian forces shelled the Belgorod region on Russia's border with Ukraine on Monday, injuring at least five people and damaging houses and power lines, the region's governor said.

☆ Russia's war on Ukraine latest: Russia marks Victory Day with new attacks on Ukraine
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +4 min

* European Commission President Ursula von der Leyen hailed Ukraine as "the beating heart of today's European values" in a deeply symbolic visit to Kyiv on Tuesday as Russia marked its World War Two Victory Day. CONFLICT* Russia's defence ministry said its forces had launched missile strikes at targets across Ukraine overnight, disrupting Kyiv's supplies of ammunition to the frontline and troop movements. * Ukraine said its air defences shot down 23 of 25 missiles, fired chiefly at Kyiv, and there were no reported casualties. * Russian mercenary chief Yevgeny Prigozhin made a cryptic, profanity-laced comment about those in charge of Russia's war on Ukraine. INTERNATIONAL* Chinese Foreign Minister Qin Gang said Beijing would maintain lines of communication with all parties to the war in Ukraine, including Germany, in seeking a ceasefire.

☆ Russia's war on Ukraine latest: Wave of attacks ahead of Russian holiday
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

CONFLICT* Ukraine's top military command said its forces destroyed all 35 Iranian-made Shahed drones that Russia had launched overnight at targets around the country. * Russia's Wagner mercenary group appeared to ditch plans to withdraw from Bakhmut, saying it had been promised more arms and suggesting it may keep up the assault on what Russia sees as a stepping stone in the Donbas region. * At least five people were wounded by Russian strikes on Kyiv, officials in the Ukrainian capital said. Press service of "Concord"/Handout via REUTERSEU WEIGHS SANCTIONS ON CHINA* The European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia's war machine, the Financial Times said. RECENT IN-DEPTH STORIES* ANALYSIS-Russia's mercenary boss deepens fog of Ukraine war while deflecting blame* INSIGHT-Ukraine's nuclear deal with Canada's Cameco carries big risks, rewards* ANALYSIS-Kremlin incident gives Putin cover to deepen war* COLUMN-Global ammunition race may decide Ukraine warEditing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Russia's war on Ukraine latest: Wave of attacks ahead of Victory Day holiday
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +3 min

May 8 (Reuters) - Russia carried out drone, missile and air strikes on Kyiv and other Ukrainian cities through the night, escalating attacks in the run-up to its cherished Victory Day holiday that celebrates the defeat of Nazi Germany. CONFLICT* Ukraine's top military command said its forces destroyed all 35 Iranian-made Shahed drones that Russia had launched overnight at targets around the country. * Kyiv's mayor said at least five people were wounded in the capital amid damage to a fuel depot, cars, buildings and infrastructure. * Russia has intensified shelling of Bakhmut hoping to take it by Tuesday - Russia's Victory Day holiday, Ukraine's top general in charge of the defence of the besieged city said, vowing to do everything to prevent it. EU WEIGHS SANCTIONS ON CHINA* The European Union has proposed sanctions on Chinese firms accused of selling equipment that could be used in weapons to support Russia's war machine, the Financial Times said.

☆ Russia's war on Ukraine latest: Wagner group appears to do U-turn on withdrawal
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +2 min

CONFLICT* Russian forces are evacuating residents from the town that serves the Zaporizhzhia nuclear power plant in southern Ukraine, the Ukrainian military said. * Russian missiles targeted an industrial site in the Mykolaiv region of southern Ukraine, while Ukrainian and Russian media reported multiple explosions across Russian-occupied Crimea. * Russia's defence ministry said its air defences had detected and destroyed 22 Ukrainian drones over the Black Sea overnight. * Air raid alerts blared for several hours overnight into early Sunday over roughly two-thirds of Ukraine, with officials saying air defence systems shot down a number of drones. * The head of the U.N.'s nuclear power watchdog warned on Saturday that the situation around the Russian-held Zaporizhzhia nuclear station has become "potentially dangerous" as Moscow-installed officials began evacuating people from nearby areas.

Prior to Russia's invasion of Ukraine in February last year, Ukraine ran its nuclear reactors on Russian fuel, producing 55% of the country's electricity. Cameco, like Energoatom, can adjust how much uranium it delivers on two years' notice, Kotin said. Contracted uranium prices are typically higher than spot prices, meaning that Cameco may take a discount if Ukraine purchases less uranium due to the war's impact, Carter said. Kotin said Energoatom will buy Cameco's uranium at a price based equally on a fixed price and a market price. BIG POTENTIAL REWARDSWhile Ukraine will rely on Cameco for uranium, it has struck separate deals for further processing.

☆ Russia's war on Ukraine latest: New drone attack on southern Russia refinery
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +2 min

May 5 (Reuters) - A drone attack on the Ilsky oil refinery in southern Russia, the second in as many days, has caused a fire, TASS news agency reported on Friday, citing emergency services. FIGHTING* Ukrainian military command said in its Friday morning report that 18 out 24 drones launched by Russian forces had been shot down. * Nearly 50 Russian attacks were repelled along the main sectors of the front line in eastern and southern Ukraine, the General Staff of the Ukrainian Armed Forces said Thursday evening. * Record high water levels could overwhelm a major dam in southern Ukraine and damage parts of the Russian-controlled Zaporizhzhia nuclear power station, a Russian official told TASS news agency. DIPLOMACY/POLITICS* Technical personnel from Turkey, Russia, Ukraine, and the United Nations will meet on Friday to discuss a deal that allows the exports of Ukrainian grains on the Black Sea, the Turkish Defence Minister said.

☆ Russia's war on Ukraine latest: Wagner Group threatens to exit Bakhmut
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +3 min

WAGNER* Standing in a field of corpses, Russian Wagner Group boss Yevgeny Prigozhin published an expletive-ridden video personally blaming top defence chiefs for losses suffered by his fighters. * However, Ukraine said Russia was bringing Wagner fighters from other parts of the front line to fight in Bakhmut. * Former Russian deputy defence minister Colonel General Mikhail Mizintsev has joined the Wagner Group as a deputy commander, Russian pro-war social media channels reported. * Technical personnel from Turkey, Russia, Ukraine, and the United Nations will meet on Friday to discuss the renewal of the deal, the Turkish Defence Minister said. QUOTES* "Because of the lack of ammunition, our losses are increasing exponentially every day," Wagner Group mercenary leader Yevgeny Prigozhin said.

☆ Uranium is having a 'renaissance.' What to know about it, and how to play it
▼ + stars: | 2023-04-07 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

But despite the strong outlook for the commodity price, stocks and funds related to the commodity have not risen in lock step. The Sprott Uranium Miners ETF (URNM) and Sprott Physical Uranium Trust (SRUFF) are down about 7% and 4% so far this year, underperforming the broad S & P 500 , which has gained 6.5% . He said the Sprott Physical Uranium Trust is a smart play because it has the best risk-to-reward ratio in his eyes and has the benefit of holding actual uranium as opposed to just mining stocks. The company also manages the Sprott Uranium Miners ETF, which Huhn said has a larger emphasis on the mining stocks than the commodity price. Zuri-Invest's option is unique because it has a shorter settlement time and can be redeemed for either money or physical uranium, Huhn said.

☆ Options Action: Big bet on Cameco
▼ + stars: | 2023-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: Big bet on CamecoOptimize Advisors' Mike Khouw looks at big options bets on Cameco as the uranium trade heats up. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.

☆ Oliver Stone's new film puts nuclear energy in the spotlight. These stocks are ready to hop on the trend
▼ + stars: | 2023-01-25 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

In his latest documentary "Nuclear Now," Stone argues for the use of nuclear energy as an environmentally friendly alternative to fossil fuels. "We had the solution [nuclear power] … and the environmental movement, to be honest, just derailed it. For investors, the film adds to growing interest in nuclear power as a fossil fuel alternative beyond renewables. These funds invest in a variety of stocks tied to nuclear power throughout the value chain. Other global nuclear energy ETFs such as Sprott Uranium Miners (URNM) and the VanEck Uranium+Nuclear Energy (NLR) have gained more than 13% and 4% in 2023, respectively.

☆ Green surge is circuit breaker on nuclear revival
▼ + stars: | 2023-01-04 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 4 (Reuters Breakingviews) - Nuclear power received what seem like two plum gifts for 2023. Nuclear plants are expensive to build, and their complexity often causes projects to go way over budget. The cost of a new nuclear power station is around $168 per megawatt hour according to Lazard. China has 22 nuclear reactors under construction, but built renewables about twice as fast. CONTEXT NEWSVogtle 3 and 4 will be the first new nuclear reactors built in the United States in more than three decades.

☆ UnitedHealth, Cameco and more: CNBC's 'Halftime Report' traders answer your stock questions
▼ + stars: | 2022-12-15 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Jason Snipe of Odyssey Capital Advisors highlighted reasons why he continues to like UnitedHealth Group and why the stock is a solid pick. Blue Line Futures' Bill Baruch emphasized why nuclear is the future and how Cameco is a long-term investment. Finally, Jenny Harrington of Gilman Hill Asset Management talked about Ardagh Metal Packaging 's excellent balance sheet.

☆ UnitedHealth Group, Cameco Corp, and more: CNBC's 'Halftime Report' traders answer your questions
▼ + stars: | 2022-12-15 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnitedHealth Group, Cameco Corp, and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Jason Snipe of Odyssey Capital Advisors, Bill Baruch of Blue Line Futures, and Jenny Harrington of Gilman Hill Asset Management answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.

☆ Westinghouse Deal Latest Signal of a Nuclear Power Revival
▼ + stars: | 2022-10-13 | by ( Jennifer Hiller | ) www.wsj.com time to read: 1 min

A deal by Brookfield Renewable Partners and Cameco Corp. to buy nuclear-services firm Westinghouse Electric Co. is the latest sign of revival in the nuclear-power industry after years of decline. The matchup would create something of a Western nuclear powerhouse, pairing a key nuclear-power service provider with the largest publicly traded uranium company and one of the world’s biggest owners of wind and solar projects. The transaction is a bet that nuclear will play an important role in the energy transition away from fossil fuels. Brookfield and Cameco announced the deal Tuesday, saying the total enterprise value for Westinghouse is roughly $7.88 billion.

☆ TSX falls for fifth day as utilities slide
▼ + stars: | 2022-10-12 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 10.40 points, or 0.1%, at 18,206.28. That was well above the worst levels of the day but was the fifth straight day of losses and the lowest closing level since March 2021. read moreThe Toronto market's utilities sector fell 2.5%, extending recent declines, while energy was down 0.1% as oil prices fell for a third day. U.S. crude oil futures settled 2.3% lower at $87.27 a barrel. read moreHelping to cap losses for the index, the materials group, which includes precious and base metals miners and fertilizer companies, added 1.1% as gold prices rose and the consumer staples sector ended 1.5% higher.

ET (1407 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was 0.2% lower at 18,180.4, after hitting its lowest since June. The focus is now on minutes from the September Federal Open Market Committee meeting, which will be released later in the day. Canadian inflation data for September is due next week, with investors pricing in a 97% probability of a 50 basis point rate hike by the Bank of Canada when it meets on Oct. 26. It doesn't help that they have to act first, but investors are expecting another super-sized rate hike," said Michael. read more($1= C$1.3)Register now for FREE unlimited access to Reuters.com RegisterReporting by Johann M Cherian and Shashwat Chauhan in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric Co. for $7.88 Billion
▼ + stars: | 2022-10-12 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Cameco and Brookfield Renewable along with institutional partners, are planning to buy Westinghouse Electric Co. The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

☆ Westinghouse deal will overpower immediate fallout
▼ + stars: | 2022-10-12 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

NEW YORK, Oct 12 (Reuters Breakingviews) - A mushroom cloud is rising over a $7.9 billion nuclear deal. Brookfield Renewable Partners (BEP.N) and Cameco (CCO.TO)agreed to buy Westinghouse Electric, sending the Canadian uranium miner’s shares tumbling by 15% on Wednesday. All told, this nuclear deal should be able to power through the immediate fallout. Brookfield Business Partners bought the company in 2018, after Westinghouse filed for bankruptcy protection from creditors the previous year. Brookfield Business Partners said it expects proceeds from the deal to equal six times its invested capital when combined with distributions received to date.

☆ Cramer's lightning round: Western Union is not a buy
▼ + stars: | 2022-10-12 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Loading chart...Plug Power Inc : "It's losing money. And when a stock is losing money, it goes down." Loading chart...Western Union Co : "I used to believe in them. But they have no growth whatsoever. Loading chart...Roblox Corp : "It's a fabulous company, but it doesn't make money, and that's a problem."

☆ Stocks making the biggest moves premarket: PepsiCo, Intel, Philips and more
▼ + stars: | 2022-10-12 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Intel (INTC) – Intel added 1% in premarket trading following a Bloomberg report that the chip maker was planning to cut thousands of jobs to deal with a slumping personal computer market. Philips (PHG) – Philips shares slumped 8.1% in the premarket after the Dutch health technology company said its third-quarter core profit would be down about 60% from a year ago. Diamondback Energy (FANG) – Diamondback Energy announced a deal to buy energy producer FireBird Energy for $1.6 billion in cash and stock. El Pollo Loco (LOCO) – El Pollo Loco shares rallied 15.2% in premarket action after the restaurant operator announced a $1.50 per share special dividend and a stock repurchase program worth up to $20 million. Lyft (LYFT) – Lyft gained 4.3% in the premarket after Gordon Haskett upgraded the stock to buy from hold.

☆ Stocks making the biggest moves midday: Moderna, Pepsi, Lyft and more
▼ + stars: | 2022-10-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.

☆ Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric for $7.88 Billion
▼ + stars: | 2022-10-11 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Westinghouse Electric services about half of the nuclear-power reactors in the world. Cameco and Brookfield Renewable Partners said they will buy Westinghouse Electric Co. in a deal that will boost nuclear power, an energy resource reinvigorated by the need to reduce the use of carbon-based fuels. The Canada-based companies said Tuesday that they are forming a strategic partnership to acquire the nuclear-services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

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