Barclays this week joined a growing list of Wall Street firms directing clients to consider buying high-yielding stocks.» Read More
OSLO, Sept 4- Norway's $828 billion sovereign wealth fund believes a new rule curtailing its investments in coal-dependent businesses could lead it to sell shares in companies across the world worth about 55 billion Norwegian crowns, it said on Friday. Around 120 companies are likely to be affected, it said in a letter to the country's finance ministry.
Aug 13- The Texas power grid operator on Thursday asked consumers to reduce electric use during the afternoon hours as power plant outages and heavy air conditioning usage has strained the electric system during a brutal heat wave. Peak demand in the Electric Reliability Council of Texas, which operates the power grid in most of the state, hit an all-time high of...
Aug 6- The Texas power grid operator said electric demand was at an all-time peak as consumers cranked up their air conditioners to escape a brutal heat wave, breaking the previous record set four years ago and pushing prices to an 18- month high. Next-day power prices at the Ercot North hub on the IntercontinentalExchange jumped from $66 per megawatt hour for...
Aug 6- The Texas power grid operator said demand for electricity hit an all-time record as consumers cranked up air conditioners to escape a brutal heat wave on Wednesday, breaking the previous record set four years ago. Temperatures in Houston, the biggest city in Texas, hit 98 degrees Fahrenheit on Wednesday and were expected to hit or exceed 100 degrees every...
Among the challengers were coal company Peabody Energy Corp and utility American Electric Power Co Inc.. The appeals court ruled that the EPA would have to revise sulfur dioxide emissions budgets for four states and nitrogen oxide budgets for 11 because it had asked them to reduce their emissions by more than required. The EPA has "required states to reduce...
In a contrarian move, a large Wall Street firm is recommending clients turn to utilities for yield.
Two energy chief executives disagree about the risks of relying too heavily on renewable sources.
Norway's $900 billion sovereign fund was told to cut its exposure to the global coal industry and sell stakes in firms that focus on the sector.
Coal-firing electricity plants are closing all over the US, and jobs are going with them. Can other energy sources make up for the losses?
Warren Buffett receives good press for renewable-energy investments, but is he really a climate change ally? It's complicated.
Here's why investors should stick with utility stocks in a rising rate environment, analyst David Burk says.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
From Kimberly-Clark to Core Labs, CEOs tell “Mad Money” host Jim Cramer what can power their companies higher.
The Golden Arches are in flux, but “Mad Money” host Jim Cramer has a clear takeaway.
American Electric Power on Wednesday reported fourth-quarter profit of $191 million, falling short of estimates.
Investors who weren’t sure how to position through year-end just received a message that couldn’t be more clear.
There are dozens of tax loopholes that companies are jumping through here at home. Here are two of the most popular.
Utilities have doubted the role big data can play in managing the grid, but it may save them billions of dollars in the future.
Some of Tuesday's midday movers:
It's time for the Lightning Round. Cramer makes the call on viewer favorites.