Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2…
Traders will be reading between the State of the Union’s lines to see what Obama’s new approach means for business and the market. And given stocks’ steady rise for the past eight weeks, profit-taking and choppy action should b…
Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week’s strong earnings bode well for c…
Yes, electric utilities are a mostly unloved sector among investors, even though everyone needs power. But maybe their steady and dividend-friendly shares have more appeal these days. Here’s a look at three big names: American Electric Power, Constellation Energy and Allegheny Energy.
Continue reading Face-Off on Stocks: Electric Utility Companies [Video]
Face-Off on Stocks: Electric Utility Companies [Video] originally appeared on DailyFinance on Thu, 20 Jan 2011 08:00:00.
Filed Under: Energy, Investing, Stock Picks, Video
Stocks ended the week on a positive note despite economic reports that fell short of expectations. But Cort Gwon of FBN Securities says there was lots to cheer about as fears over the debt crisis in Europe lessened and U.S. com…