Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Utilities Give Back Some Gains on Rate Hedging -- Utilities Roundup

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/20/2017 | 09:45pm CET

Shares of power-plant operators gave back some of last week's gains as traders hedged their bets on the outlook for interest rates. Despite the Trump administration's commitment to supporting the coal industry, utilities that operate on natural gas should continue to command a premium on the stock market, according to one brokerage. "Gas utilities deserve their valuation premium to electric utilities, given: 1) higher near-term growth on average; 2) accelerated capital recovery mechanisms; 3) structural industry trends supportive of long-term growth; 4) fewer long-term business risks; 5) Potential benefits from federal regulation and tax reform; and 6) merger-and-acquisition potential," said analysts at brokerage Morgan Stanley, in a research note.

-Rob Curran, [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
08:08aOil from sunken Iran tanker reached Japan shores - Coast Guard
RE
08:06aDEPARTMENT OF TRADE AND INDUSTRY OF REPUBLIC O : The rise of PH cacao beans in Japan
PU
08:06aDE BEERS : Preliminary financial results for 2017
PU
08:04aSAFARICOM : Zimbabwe and Kenya lead the way in Africa's dash from cash
AQ
07:57aOil prices fall on firmer U.S. dollar
RE
07:56aADNOC ABU DHABI NATIONAL OIL : Signs Exclusive Agreement with Chemlube S.A. for Group III ...
PU
07:51aSouth Korea to conduct due diligence on GM's South Korean unit in quick manner
RE
07:46aMARKETS AND MARKETS : Industrial Gaskets Market worth 11.58 Billion USD by 2022
PU
07:36aUNIVERSITY OF ARKANSAS : Students Needed for All-University Academic Integrity Board
PU
07:29aSeed firms scramble to stop a 'cancer' in Canada's cash crop
RE
Latest news "Economy & Forex"
Advertisement