Exelon Co. (NYSE: EXC), Danaher Co. (NYSE: DHR), TripAdvisor, Inc. (NASDAQ: TRIP), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Verizon (NYSE: VZ) and Dover Co. (NYSE: DOV) ratings and price targets.
Danaher Co. (DHR) is now covered by Morgan Stanley (NYSE:MS). They placed an “Overweight” rating and a price target of $57.00 on the company.
TripAdvisor, Inc. (TRIP) had its price target lowered by Benchmark Co. from $33.00 to $31.00. They have a “Buy” rating on the company.
Exelon Co. (EXC) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating.
C.H. Robinson Worldwide, Inc. (CHRW) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $75.00 on the company, down from $90.00.
Verizon (VZ) had its price target raised by Deutsche Bank (NYSE:DB) to $39.00.
Dover Co. (DOV) is now covered by Morgan Stanley. They placed an “Underweight” rating on the company.
Showing posts with label Exelon. Show all posts
Showing posts with label Exelon. Show all posts
Monday, January 9, 2012
Friday, January 6, 2012
Exelon (EXC) (MGAM) (NUVA) (EXBD) (GEOI) Downgraded
Exelon Co. (NYSE: EXC), Multimedia Games (NASDAQ: MGAM), NuVasive (NASDAQ: NUVA), The Corporate Executive Board Company (NASDAQ: EXBD) and GeoResources, Inc. (NASDAQ: GEOI) were downgraded by analysts.
Multimedia Games (MGAM) was downgraded by Sidoti from a “Buy” rating to a “Neutral” rating.
NuVasive (NUVA) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.
Pall Co. (PLL) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.
The Corporate Executive Board Company (EXBD) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to an “Underperform” rating.
Exelon Co. (EXC) was downgraded by Citigroup (NYSE:C) rom a “Buy” rating to a “Neutral” rating.
GeoResources, Inc. (GEOI) was downgraded by Sidoti from a “Buy” rating to a “Neutral” rating.
Multimedia Games (MGAM) was downgraded by Sidoti from a “Buy” rating to a “Neutral” rating.
NuVasive (NUVA) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.
Pall Co. (PLL) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.
The Corporate Executive Board Company (EXBD) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to an “Underperform” rating.
Exelon Co. (EXC) was downgraded by Citigroup (NYSE:C) rom a “Buy” rating to a “Neutral” rating.
GeoResources, Inc. (GEOI) was downgraded by Sidoti from a “Buy” rating to a “Neutral” rating.
Thursday, January 5, 2012
Ralcorp (RAH) (BMTI) (PRGS) (EXC) (GEOI) (LRCX) Ratings, Price Targets
Ralcorp Holdings, Inc. (NYSE: RAH), BioMimetic Therapeutics, Inc. (NASDAQ: BMTI), Progress Software (NASDAQ: PRGS), Exelon Co. (NYSE: EXC), GeoResources, Inc. (NASDAQ: GEOI) and Lam Research Co. (NASDAQ: LRCX) ratings and price targets.
BioMimetic Therapeutics, Inc. (BMTI) had its “neutral” rating
reiterated by JPMorgan Chase & Co. (NYSE:JPM).
Ralcorp Holdings, Inc. (RAH) is now covered by Wells Fargo & Co. (NYSE:WFC). They have a “market perform” rating on the firm.
Progress Software (PRGS) had its price target lowered by Benchmark Co. from $25.00 to $23.00. They have a “buy” rating on the firm.
Exelon Co. (EXC) was downgraded by Citigroup (NYSE:C) from a “buy” rating to a “neutral” rating.
GeoResources, Inc. (GEOI) was downgraded by Sidoti from a “buy” rating to a “neutral” rating.
Lam Research Co. (LRCX) was upgraded by Credit Agricole to a “buy” rating.
BioMimetic Therapeutics, Inc. (BMTI) had its “neutral” rating
reiterated by JPMorgan Chase & Co. (NYSE:JPM).
Ralcorp Holdings, Inc. (RAH) is now covered by Wells Fargo & Co. (NYSE:WFC). They have a “market perform” rating on the firm.
Progress Software (PRGS) had its price target lowered by Benchmark Co. from $25.00 to $23.00. They have a “buy” rating on the firm.
Exelon Co. (EXC) was downgraded by Citigroup (NYSE:C) from a “buy” rating to a “neutral” rating.
GeoResources, Inc. (GEOI) was downgraded by Sidoti from a “buy” rating to a “neutral” rating.
Lam Research Co. (LRCX) was upgraded by Credit Agricole to a “buy” rating.
Wednesday, January 4, 2012
Exelon (EXC) (PETD) (PG) (PLT) (EXR) (FCCY) Downgraded
Exelon Co. (NYSE: EXC), Petroleum Development Co. (NASDAQ: PETD), Procter & Gamble (NYSE: PG), Plantronics (NYSE: PLT), Extra Space Storage (NYSE: EXR) and 1st Constitution Bancorp (NASDAQ: FCCY) were downgraded by analysts.
Exelon Co. (EXC) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Petroleum Development Co. (PETD) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $39.00 on the company, down from $41.00.
Procter & Gamble (PG) was downgraded by Buckingham Research to a “Neutral” rating.
Plantronics (PLT) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $36.00 on the company.
Extra Space Storage (EXR) was downgraded by BMO Capital Markets to an “Underperform” rating.
1st Constitution Bancorp (FCCY) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.
Exelon Co. (EXC) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Petroleum Development Co. (PETD) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $39.00 on the company, down from $41.00.
Procter & Gamble (PG) was downgraded by Buckingham Research to a “Neutral” rating.
Plantronics (PLT) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $36.00 on the company.
Extra Space Storage (EXR) was downgraded by BMO Capital Markets to an “Underperform” rating.
1st Constitution Bancorp (FCCY) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.
Exelon (EXC) (EROC) (AMAT) (NBL) (WPX) (PSE) (JOY) (ED) (GXP) (SO) Ratings, Price Targets
Exelon Co. (NYSE: EXC), Eagle Rock Energy Partners (NASDAQ: EROC), Applied Materials, Inc. (NASDAQ: AMAT), Noble Energy (NYSE: NBL), WPX ENERGY INC. (NYSE: WPX), Pioneer Southwest Energy (NYSE: PSE), Joy Global Inc. (NYSE: JOY), Consolidated Edison, Inc. (NYSE: ED), Great Plains Energy (NYSE: GXP) and Southern Co (NYSE: SO) ratings and price targets.
Eagle Rock Energy Partners (EROC) was downgraded by Raymond James (NYSE:RJF) to a “Market Perform” rating.
Applied Materials, Inc. (AMAT) was downgraded by Barclays Capital (NYSE:BCS) from an “Overweight” rating to an “Equal Weight” rating.
Noble Energy (NBL) had its price target raised by RBC Capital from $125.00 to $130.00. They have an “Outperform” rating on the company.
WPX ENERGY INC. (WPX) is now covered by Barclays Capital. They placed an “Overweight” rating on the company.
Pioneer Southwest Energy (PSE) is now covered by Bank of America (NYSE:BAC). They placed a “Neutral” rating on the company.
Joy Global Inc. (NYSE: JOY) had its price target raised by analysts at RBC Capital from $93.00 to $97.00. The analysts now have an “outperform” rating on the company.
Consolidated Edison, Inc. (ED) was downgraded by Caris & Co. to a “Below Average” rating.
Exelon Co. (EXC) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Great Plains Energy (GXP) was downgraded by Caris & Co. to an “Above Average” rating.
Southern Co (SO) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.
Eagle Rock Energy Partners (EROC) was downgraded by Raymond James (NYSE:RJF) to a “Market Perform” rating.
Applied Materials, Inc. (AMAT) was downgraded by Barclays Capital (NYSE:BCS) from an “Overweight” rating to an “Equal Weight” rating.
Noble Energy (NBL) had its price target raised by RBC Capital from $125.00 to $130.00. They have an “Outperform” rating on the company.
WPX ENERGY INC. (WPX) is now covered by Barclays Capital. They placed an “Overweight” rating on the company.
Pioneer Southwest Energy (PSE) is now covered by Bank of America (NYSE:BAC). They placed a “Neutral” rating on the company.
Joy Global Inc. (NYSE: JOY) had its price target raised by analysts at RBC Capital from $93.00 to $97.00. The analysts now have an “outperform” rating on the company.
Consolidated Edison, Inc. (ED) was downgraded by Caris & Co. to a “Below Average” rating.
Exelon Co. (EXC) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Great Plains Energy (GXP) was downgraded by Caris & Co. to an “Above Average” rating.
Southern Co (SO) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.
Friday, November 18, 2011
Enerplus (ERF) (MXIM) (NLY) (NWY) (ESE) (EXC) Ratings, Price Targets
Enerplus Resources Fund (ERF), Maxim Integrated Products Inc. (MXIM), Annaly Capital Management, Inc. (NLY), New York & Company, Inc. (NWY), ESCO Technologies Inc. (ESE) and Exelon Co. (EXC) ratings and price targets.
Barclays Capital initiated coverage on Enerplus Resources Fund (ERF). They placed an “Underweight” rating on the company.
Cantor Fitzgerald initiated coverage on Maxim Integrated Products Inc. (MXIM). They placed a “Buy” rating on the company.
Keefe, Bruyette & Woods, Inc. downgraded Annaly Capital Management, Inc. (NLY) from an “Outperform” rating to a “Market Perform” rating.
Brean Murray lowered its price target on New York & Company, Inc. (NWY) from $5.50 to $3.50. They have a “Buy” rating on the company.
BB&T downgraded ESCO Technologies Inc. (ESE) from a “Buy” rating to a “Hold” rating.
Wunderlich raised its price target on Exelon Co. (EXC) to $48.00.
Barclays Capital initiated coverage on Enerplus Resources Fund (ERF). They placed an “Underweight” rating on the company.
Cantor Fitzgerald initiated coverage on Maxim Integrated Products Inc. (MXIM). They placed a “Buy” rating on the company.
Keefe, Bruyette & Woods, Inc. downgraded Annaly Capital Management, Inc. (NLY) from an “Outperform” rating to a “Market Perform” rating.
Brean Murray lowered its price target on New York & Company, Inc. (NWY) from $5.50 to $3.50. They have a “Buy” rating on the company.
BB&T downgraded ESCO Technologies Inc. (ESE) from a “Buy” rating to a “Hold” rating.
Wunderlich raised its price target on Exelon Co. (EXC) to $48.00.
Friday, August 12, 2011
Exelon (EXC) (SPG) (SXT) (BEBE) (ICE) (FE) Upgraded
Exelon Co. (NYSE: EXC), Simon Properties (NYSE: SPG), Sensient Technologies Corp (NYSE: SXT), Bebe stores (NASDAQ: BEBE), IntercontinentalExchange (NYSE: ICE) and FirstEnergy Corp. (NYSE: FE) upgraded by analysts.
Exelon Co. (EXC) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
Simon Properties (SPG) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.
Sensient Technologies Corporation (SXT) was upgraded by Gabelli to a “Buy” rating.
Bebe Stores (BEBE) was upgraded by Raymond James (NYSE:RJF) from an “Underperform” rating to a “Market Perform” rating.
IntercontinentalExchange (ICE) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.
FirstEnergy Corp. (FE) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
Exelon Co. (EXC) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
Simon Properties (SPG) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.
Sensient Technologies Corporation (SXT) was upgraded by Gabelli to a “Buy” rating.
Bebe Stores (BEBE) was upgraded by Raymond James (NYSE:RJF) from an “Underperform” rating to a “Market Perform” rating.
IntercontinentalExchange (ICE) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.
FirstEnergy Corp. (FE) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
Tuesday, August 2, 2011
Cameron (CAM) (CMS) (DAL) (EMC) (EXC) (HERO) Upgraded
Cameron (NYSE: CAM), CMS Energy (NYSE: CMS), Delta Air Lines (NYSE: DAL), EMC Corp. (NYSE: EMC), Exelon Co. (NYSE: EXC) and Hercules Offshore, Inc. (NASDAQ: HERO) upgraded by analysts.
Cameron (CAM) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating. They have a price target of $73.00 on the company.
CMS Energy (NYSE: CMS) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.
Delta Air Lines (DAL) was upgraded by Dahlman Rose from a “Hold” rating to a “Buy” rating. They have a price target of $10.00 on the company.
EMC Corp. (EMC) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $32.00 on the company.
Exelon Co. (EXC) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating. They have a price target of $50.00 on the company.
Hercules Offshore, Inc. (HERO) was upgraded by Raymond James (NYSE:RJF) from an “Underperform” rating to an “Outperform” rating.
Cameron (CAM) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating. They have a price target of $73.00 on the company.
CMS Energy (NYSE: CMS) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.
Delta Air Lines (DAL) was upgraded by Dahlman Rose from a “Hold” rating to a “Buy” rating. They have a price target of $10.00 on the company.
EMC Corp. (EMC) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $32.00 on the company.
Exelon Co. (EXC) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating. They have a price target of $50.00 on the company.
Hercules Offshore, Inc. (HERO) was upgraded by Raymond James (NYSE:RJF) from an “Underperform” rating to an “Outperform” rating.
Friday, July 29, 2011
Murphy Oil (MUR) (CLF) (ARLP) (BA) (COP) (CP) (EXC) Price Targets Changed
Murphy Oil Corp (NYSE: MUR), Cliffs Natural Resources Inc (NYSE: CLF), Alliance Resource (NASDAQ: ARLP), The Boeing Company (NYSE: BA), ConocoPhillips (NYSE: COP), Canadian Pacific Railway Limited (NYSE: CP) and Exelon Co. (NYSE: EXC) had price targets on them adjusted.
Murphy Oil Corp. (MUR) had its price target lowered by UBS AG (NYSE:UBS) from $72.00 to $68.00. They have a “Neutral” rating on the company.
Alliance Resource (ARLP) had its price target raised by Deutsche Bank (NYSE:DB) from $75.00 to $80.00. They have a “Hold” rating on the company.
The Boeing Company (BA) had its price target raised by Goldman Sachs (NYSE:GS) to $96.00. They have a “Buy” rating on the company.
Cliffs Natural Resources Inc. (CLF) had its price target slashed by UBS AG to $122.00. They have a “buy” rating on the company.
ConocoPhillips (COP) had its price target lowered by UBS AG from $80.00 to $77.00. They have a “Neutral” rating on the company.
Canadian Pacific Railway Limited (CP) had its price target raised by Barclays Capital from $70.00 to $73.00. They have an “Underweight” rating on the company.
Exelon Co. (EXC) had its price target raised by Jefferies (NYSE:JEF) to $49.50.
Murphy Oil Corp. (MUR) had its price target lowered by UBS AG (NYSE:UBS) from $72.00 to $68.00. They have a “Neutral” rating on the company.
Alliance Resource (ARLP) had its price target raised by Deutsche Bank (NYSE:DB) from $75.00 to $80.00. They have a “Hold” rating on the company.
The Boeing Company (BA) had its price target raised by Goldman Sachs (NYSE:GS) to $96.00. They have a “Buy” rating on the company.
Cliffs Natural Resources Inc. (CLF) had its price target slashed by UBS AG to $122.00. They have a “buy” rating on the company.
ConocoPhillips (COP) had its price target lowered by UBS AG from $80.00 to $77.00. They have a “Neutral” rating on the company.
Canadian Pacific Railway Limited (CP) had its price target raised by Barclays Capital from $70.00 to $73.00. They have an “Underweight” rating on the company.
Exelon Co. (EXC) had its price target raised by Jefferies (NYSE:JEF) to $49.50.
Tuesday, July 26, 2011
Duke (DUK) (CF) (EXC) (BAS) (SLB) (TYY) Upgraded
Duke Energy Co. (NYSE: DUK), CF Industries Holdings Inc (NYSE: CF), Exelon Co. (NYSE: EXC), Basic Energy Services (NYSE: BAS), Schlumberger (NYSE: SLB) and Tortoise Energy Capital Co. (NYSE: TYY) upgraded by analysts.
Basic Energy Services (BAS) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating. They have a price target of $39.00 on the company, up from $25.00.
CF Industries Holdings Inc (CF) was upgraded by Dahlman Rose from a “Hold” rating to a “Buy” rating. They have a price target of $180.00 on the company.
Duke Energy Co. (DUK) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.
Schlumberger (SLB) was upgraded by Societe Generale to a “Buy” rating. They have a price target of $108.00 on the company.
Tortoise Energy Capital Co. (TYY) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $28.00 on the company.
Exelon Co. (EXC) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Buy” rating.
Basic Energy Services (BAS) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating. They have a price target of $39.00 on the company, up from $25.00.
CF Industries Holdings Inc (CF) was upgraded by Dahlman Rose from a “Hold” rating to a “Buy” rating. They have a price target of $180.00 on the company.
Duke Energy Co. (DUK) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.
Schlumberger (SLB) was upgraded by Societe Generale to a “Buy” rating. They have a price target of $108.00 on the company.
Tortoise Energy Capital Co. (TYY) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $28.00 on the company.
Exelon Co. (EXC) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Buy” rating.
Tuesday, July 19, 2011
Arch Coal (ACI) (BSYBY) (EOG) (EXC) (ITYBY) (STJ) Upgraded by Analysts
Arch Coal, Inc. (NYSE: ACI) was upgraded by Citigroup from a “neutral” rating to a “buy” rating. They cited valuation as the catalyst behind the call.
British Sky Broadcasting Group (BSYBY) was upgraded by UBS AG from a “neutral” rating to a “buy” rating.
EOG Resources (EOG) was upgraded by FBR Capital from a “market perform” rating to an “outperform” rating. They have a price target of $130.00 on the company.
Exelon Co. (EXC) was upgraded by Ticonderoga from a “neutral” rating to a “buy” rating. They have price target of $49.00 on the company.
Imperial Tobacco Group (ITYBY) was upgraded by Citigroup (NYSE:C) from a “hold” rating to a “buy” rating.
St. Jude Medical, Inc. (STJ) was upgraded by Barclays Capital from an “equal weight” rating to an “overweight” rating. They cited valuation as the catalyst behind their call.
British Sky Broadcasting Group (BSYBY) was upgraded by UBS AG from a “neutral” rating to a “buy” rating.
EOG Resources (EOG) was upgraded by FBR Capital from a “market perform” rating to an “outperform” rating. They have a price target of $130.00 on the company.
Exelon Co. (EXC) was upgraded by Ticonderoga from a “neutral” rating to a “buy” rating. They have price target of $49.00 on the company.
Imperial Tobacco Group (ITYBY) was upgraded by Citigroup (NYSE:C) from a “hold” rating to a “buy” rating.
St. Jude Medical, Inc. (STJ) was upgraded by Barclays Capital from an “equal weight” rating to an “overweight” rating. They cited valuation as the catalyst behind their call.
Wednesday, May 4, 2011
NRG (NYSE:NRG), Crosshair Expl & Mining (AMEX:CXZ), USEC Inc. (NYSE:USU) and Exelon (NYSE:EXC) Ready to Rock on Nuclear Demand?
One element involved in the nuclear and uranium industry is some companies are exposed to several sectors and/or segments of energy, so they must be considered in that light accordingly, but with nuclear sure to be begin to rebound, as it appears it already is, companies like NRG (NYSE:NRG), Crosshair Expl & Mining (AMEX:CXZ), USEC Inc. (NYSE:USU) and Exelon (NYSE:EXC) should benefit from the move.
A couple of bits of news gave the uranium and nuclear sector a boost Tuesday. One was the announcement by Uranerz Energy (URZ) that the company has increased its uranium resource base at Power River Basin by 45 percent to 19.1 million pounds. The company also said in its note to shareholders that it now holds $47 million in cash. That gave the company a 10 percent boost in its share price, and will have a short-term positive effect on the sector.
More important, and something that gives a look at the near-term outlook for the uranium and nuclear industry, is the new that Russian and Chinese state-owned nuclear companies have made bids for Australian uranium assets, underscoring the reality nuclear remains extremely important to the countries, and their plans to expand in that energy area will continue for years.
The difference now and after the nuclear problems in Japan is the companies are asking for a reduction in their bids. Rosatom bid for ASX-listed Tanzanian uranium developer Mantra Resources (ASX:MRU), where they asked for a reduction of 12 percent of the former bid.
China's CGNPC told Kalahari Minerals they want to cut 7 percent off its takeover bid.
So it appears the tragedy in Japan hasn't done much to stop nuclear demand, but rather has lowered the premium prices that had existed before the earthquake.
With uranium demand unlikely to fall any time soon, it's uncertain whether the lower acquisition bids will put downward pressure on margins and earnings of companies if that extends to uranium prices as well.
The bottom line is nuclear and uranium are not going anywhere, and China and Russia appear to be making a move to lock up long-term sources at prices 7 to 12 percent lower than before the nuclear crisis in Japan.
How that will affect the overall industry has yet to unfold, but it has definitely changed the game.
A couple of bits of news gave the uranium and nuclear sector a boost Tuesday. One was the announcement by Uranerz Energy (URZ) that the company has increased its uranium resource base at Power River Basin by 45 percent to 19.1 million pounds. The company also said in its note to shareholders that it now holds $47 million in cash. That gave the company a 10 percent boost in its share price, and will have a short-term positive effect on the sector.
More important, and something that gives a look at the near-term outlook for the uranium and nuclear industry, is the new that Russian and Chinese state-owned nuclear companies have made bids for Australian uranium assets, underscoring the reality nuclear remains extremely important to the countries, and their plans to expand in that energy area will continue for years.
The difference now and after the nuclear problems in Japan is the companies are asking for a reduction in their bids. Rosatom bid for ASX-listed Tanzanian uranium developer Mantra Resources (ASX:MRU), where they asked for a reduction of 12 percent of the former bid.
China's CGNPC told Kalahari Minerals they want to cut 7 percent off its takeover bid.
So it appears the tragedy in Japan hasn't done much to stop nuclear demand, but rather has lowered the premium prices that had existed before the earthquake.
With uranium demand unlikely to fall any time soon, it's uncertain whether the lower acquisition bids will put downward pressure on margins and earnings of companies if that extends to uranium prices as well.
The bottom line is nuclear and uranium are not going anywhere, and China and Russia appear to be making a move to lock up long-term sources at prices 7 to 12 percent lower than before the nuclear crisis in Japan.
How that will affect the overall industry has yet to unfold, but it has definitely changed the game.
Monday, May 2, 2011
Dividend Yields for (TEG) (PPL) (AEP) (EXC) (SO)
Indicated dividend yields for Standard & Poor's 500 Index companies Integrys Energy Group Inc (TEG), PPL Corp (PPL), American Electric Power Co Inc (AEP), Exelon Corp (EXC) and Southern Co (SO).
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
Integrys Energy Group Inc (TEG) has a dividend yield of 5.20 percent on a declared dividend of $0.68. The payout ratio is 70.8 percent.
PPL Corp (PPL) has a dividend yield of 5.12 percent on a declared dividend of $0.35. The payout ratio is 50.6 percent.
American Electric Power Co Inc (AEP) has a dividend yield of 5.04 percent on a declared dividend of $0.46. The payout ratio is 125.4 percent.
Exelon Corp (EXC) has a dividend yield of 4.99 percent on a declared dividend of $0.53. The payout ratio is 52.2 percent.
Southern Co (SO) has a dividend yield of 4.84 percent on a declared dividend of $0.47. The payout ratio is 94.6 percent.
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
Integrys Energy Group Inc (TEG) has a dividend yield of 5.20 percent on a declared dividend of $0.68. The payout ratio is 70.8 percent.
PPL Corp (PPL) has a dividend yield of 5.12 percent on a declared dividend of $0.35. The payout ratio is 50.6 percent.
American Electric Power Co Inc (AEP) has a dividend yield of 5.04 percent on a declared dividend of $0.46. The payout ratio is 125.4 percent.
Exelon Corp (EXC) has a dividend yield of 4.99 percent on a declared dividend of $0.53. The payout ratio is 52.2 percent.
Southern Co (SO) has a dividend yield of 4.84 percent on a declared dividend of $0.47. The payout ratio is 94.6 percent.
Cameco (CCJ) (UEC) (TSE:PDN) (EXC) Rebounding After Initial Shock
Shares of uranium and nuclear companies like Uranium Energy (AMEX:UEC), Paladin (TSE:PDN), Cameco Corporation (NYSE:CCJ) and Exelon (NYSE:EXC) are starting to slowly gain traction again after the initial shock of the nuclear disaster in Japan from the earthquake is starting to slowly wind down.
The extreme news headlines suggesting that the nuclear sector is going to be abandoned and replaced by other so-called "green" energy is ludicrous of course, as solar and wind turbines are a poor and unpredictable sources of energy, and will never be able to supply, or come close to supplying, the growing energy needs of the world.
While it's predictable the nuclear industry will go over safety measures to ensure the highest safety levels possible, the idea of taking an extremely rare occurence like an 8.9 earthquake as the worst case scenario isn't going to happen, even though the industry will be safer and better for making any improvements they can.
This is a time to look at low valuations and buy up targeted nuclear and uranium companies, as they will undoubtedly rebound and make shareholders and investors a lot of money.
Cameco closed Friday at $29.48, up $0.04, or 0.14 percent.
The extreme news headlines suggesting that the nuclear sector is going to be abandoned and replaced by other so-called "green" energy is ludicrous of course, as solar and wind turbines are a poor and unpredictable sources of energy, and will never be able to supply, or come close to supplying, the growing energy needs of the world.
While it's predictable the nuclear industry will go over safety measures to ensure the highest safety levels possible, the idea of taking an extremely rare occurence like an 8.9 earthquake as the worst case scenario isn't going to happen, even though the industry will be safer and better for making any improvements they can.
This is a time to look at low valuations and buy up targeted nuclear and uranium companies, as they will undoubtedly rebound and make shareholders and investors a lot of money.
Cameco closed Friday at $29.48, up $0.04, or 0.14 percent.
Thursday, April 28, 2011
Analyst Upgrades for (ABB) (EBAY) (ERIC) (FBC) (EXC)
ABB Ltd (NYSE: ABB), eBay, Inc. (NASDAQ: EBAY), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Flagstar Bancorp, Inc. (NYSE: FBC) and Exelon Co. (NYSE: EXC) received upgrades from analysts today.
Deutsche Bank (NYSE:DB) upgraded ABB Ltd (ABB) from a “hold” rating to a “buy” rating.
Stifel Nicolaus upgraded eBay, Inc. (EBAY) from a “hold” rating to a “buy” rating. They now have a price target of $42 on the company.
JPMorgan Chase & Co. (NYSE:JPM) upgraded Telefonaktiebolaget LM Ericsson (ERIC) from an “underweight” rating to a “neutral” rating.
FBR Capital upgraded Flagstar Bancorp, Inc. (FBC) from a “market perform” rating to an “outperform” rating. They have a price target of $2.00 on the company, up from $1.75.
Macquarie upgraded Exelon Co. (EXC) from an “underperform” rating to a “neutral” rating.
Deutsche Bank (NYSE:DB) upgraded ABB Ltd (ABB) from a “hold” rating to a “buy” rating.
Stifel Nicolaus upgraded eBay, Inc. (EBAY) from a “hold” rating to a “buy” rating. They now have a price target of $42 on the company.
JPMorgan Chase & Co. (NYSE:JPM) upgraded Telefonaktiebolaget LM Ericsson (ERIC) from an “underweight” rating to a “neutral” rating.
FBR Capital upgraded Flagstar Bancorp, Inc. (FBC) from a “market perform” rating to an “outperform” rating. They have a price target of $2.00 on the company, up from $1.75.
Macquarie upgraded Exelon Co. (EXC) from an “underperform” rating to a “neutral” rating.
Tuesday, April 26, 2011
Cameco (CCJ) (URG) (PDN) (EXC) Closed Mixed in Monday Trading
Shares of uranium and nuclear companies like Ur-Energy Inc. (AMEX:URG), Paladin (TSE:PDN), Cameco Corporation (NYSE:CCJ) and Exelon (NYSE:EXC) closed mixed Monday April 25th after the initial shock of the nuclear challenges in Japan from the earthquake start to gradually wind down.
The headline's that the nuclear sector is going to be abandoned and replaced by other so-called "green" energy is of course ludicrous, as solar and wind turbines are a poor and unpredictable source of energy, and will never be able to supply, or come close to supplying, the growing energy needs of the world.
While it's obvious the nuclear industry will go over safety measures to ensure the highest safety levels possible, the idea of taking an extremely rare occurrence like an 8.9 earthquake in Japan as the worst case scenario to determine nuclear strategies isn't going to happen, even though the industry will be safer and better for making any improvements they can.
Uranium suppliers, either way, will continue to enjoy growth going forward, regardless of the response to the industry in the aftermath of Japan, as existing nuclear plants will continue to operate for years into the future, and will need uranium to power them.
Who could be hurt more, depending on if they have any courage to continue on in the sector or not, are General Electric (NYSE:GE) and Siemens (NYSE:SI).
The headline's that the nuclear sector is going to be abandoned and replaced by other so-called "green" energy is of course ludicrous, as solar and wind turbines are a poor and unpredictable source of energy, and will never be able to supply, or come close to supplying, the growing energy needs of the world.
While it's obvious the nuclear industry will go over safety measures to ensure the highest safety levels possible, the idea of taking an extremely rare occurrence like an 8.9 earthquake in Japan as the worst case scenario to determine nuclear strategies isn't going to happen, even though the industry will be safer and better for making any improvements they can.
Uranium suppliers, either way, will continue to enjoy growth going forward, regardless of the response to the industry in the aftermath of Japan, as existing nuclear plants will continue to operate for years into the future, and will need uranium to power them.
Who could be hurt more, depending on if they have any courage to continue on in the sector or not, are General Electric (NYSE:GE) and Siemens (NYSE:SI).
Thursday, April 7, 2011
Berkshire (BRK-A) (GOOG) Interested in Wind Turbines?
Even though wind power isn't the most reliable source of energy, some companies, including Google (NASDAQ:GOOG) and Warren Buffett's Berkshire Hathaway (NYSE:BRK-A) has apparently shown some interest in wind turbines, according to a couple of the world's largest manufacturers.
The interest of Google and Berkshire Hathaway allegedly stem from railroads in the case of Berkshire, and large computer server farms with Google.
Andris Cukurs, head of North American operations at Suzlon Energy Ltd. (SUEL), said, “Railroads could be huge potential customers of wind turbines, and companies like Google have already shown some interest. We expect to see more large energy consumers get involved directly in wind.”
Even so, orders have been falling in the case of developers in the U.S. like NextEra Energy Inc. (NYSE:NEE) and Exelon Corp. (NYSE:EXC), pushing wind turbine manufacturers to seek other customers outside of independent power producers.
Martha Wyrsch, president of Vestas’s unit in the region, added, “In North America, we’ve totally restructured our sales force and hired more engineers to work with customers that don’t have much experience with wind farms. We are seeing a lot of interest from carbon-conscious companies that we never saw before.”
With wind turbine sales about 30 percent below 2009 levels in 2011, and expected to stay that way for the year, the industry is struggling, and when asked about interest in wind turbines, it's only in the sense of delivering parts, not for the company's own use, casting a shadow on some of the assertions made.
Google for their part, also hasn't ordered any wind turbines to build wind farms, although they did offer to help develop a $5 billion high-voltage transmission line that could connect to offshore wind turbines off the Atlantic Coast from New Jersey to Virginia.
In conclusion, it appears the secondary connection of Berkshire and Google was used to make it look like interest was growing outside of the base wind turbine customers, when neither of the company's have had an interest in purchasing the turbines themselves.
The interest of Google and Berkshire Hathaway allegedly stem from railroads in the case of Berkshire, and large computer server farms with Google.
Andris Cukurs, head of North American operations at Suzlon Energy Ltd. (SUEL), said, “Railroads could be huge potential customers of wind turbines, and companies like Google have already shown some interest. We expect to see more large energy consumers get involved directly in wind.”
Even so, orders have been falling in the case of developers in the U.S. like NextEra Energy Inc. (NYSE:NEE) and Exelon Corp. (NYSE:EXC), pushing wind turbine manufacturers to seek other customers outside of independent power producers.
Martha Wyrsch, president of Vestas’s unit in the region, added, “In North America, we’ve totally restructured our sales force and hired more engineers to work with customers that don’t have much experience with wind farms. We are seeing a lot of interest from carbon-conscious companies that we never saw before.”
With wind turbine sales about 30 percent below 2009 levels in 2011, and expected to stay that way for the year, the industry is struggling, and when asked about interest in wind turbines, it's only in the sense of delivering parts, not for the company's own use, casting a shadow on some of the assertions made.
Google for their part, also hasn't ordered any wind turbines to build wind farms, although they did offer to help develop a $5 billion high-voltage transmission line that could connect to offshore wind turbines off the Atlantic Coast from New Jersey to Virginia.
In conclusion, it appears the secondary connection of Berkshire and Google was used to make it look like interest was growing outside of the base wind turbine customers, when neither of the company's have had an interest in purchasing the turbines themselves.
Friday, March 25, 2011
Will NRG Energy (NRG), Southern (SO), SCANA (SCG), NextEra (NEE), Progress (PGN), Duke (DUK) Continue U.S. Nuclear Plans?
NRG Energy (NYSE:NRG), Southern (NYSE:SO), SCANA (NYSE:SCG), NextEra (NYSE:NEE), Progress Energy (NYSE:PGN) and Duke Energy (NYSE:DUK) are either building or had plans to build nuclear facilities in the United States. That is all on hold now as the companies wait to see how it may impact the overall sector, as well as the expected rise in prices.
The bottom line in all of this is the response by regulators in relationship to a worst-case-scenario, which some believe will be redefined.
If it's redefined to outrageous levels, the costs of nuclear energy, at least in the U.S. and western countries, may become prohibitive.
"This is going to impose significant costs, perhaps material costs, before we are done," said John Rowe, chairman of Chicago-based power company Exelon Corp (NYSE:EXC), the largest operator of nuclear power plants in the United States.
Other nations understand there can never be a perfect solution as far as risk goes, and you do the very best you can to reduce that risk while supplying whatever product you've produced.
Hopefully those with agendas and who live in fear aren't allowed to win the day with nuclear in the U.S., as it's a vital part of the future of energy, and many other countries will continue to use it to generate energy for their people.
Source
The bottom line in all of this is the response by regulators in relationship to a worst-case-scenario, which some believe will be redefined.
If it's redefined to outrageous levels, the costs of nuclear energy, at least in the U.S. and western countries, may become prohibitive.
"This is going to impose significant costs, perhaps material costs, before we are done," said John Rowe, chairman of Chicago-based power company Exelon Corp (NYSE:EXC), the largest operator of nuclear power plants in the United States.
Other nations understand there can never be a perfect solution as far as risk goes, and you do the very best you can to reduce that risk while supplying whatever product you've produced.
Hopefully those with agendas and who live in fear aren't allowed to win the day with nuclear in the U.S., as it's a vital part of the future of energy, and many other countries will continue to use it to generate energy for their people.
Source
Thursday, March 17, 2011
Southern Co (SO), Entergy (ETR), Exelon (EXC), GE (GE) Face Nuclear Changes
Southern Co (NYSE:SO), Entergy (NYSE:ETR), Exelon (NYSE:EXC), GE (NYSE:GE), and others, are all in the spotlight as concerns over vulnerability in nuclear facilities has been heightened from the challenges now being faced in Japan after the earthquake and tsunami.
Eleven U.S. utilities, including those listed above, own similar reactors in 14 states. Most of them are operating beyond their initial 40-year licenses and have been granted 20-year extensions by federal regulators.
The Japanese crisis, in which problems at four reactors have led to dangerous releases of radiation in the surrounding area, could lead to safety-related changes at similar U.S. plants. Operators said that, even if they're not ordered to make changes by regulators, they might do so to restore public trust.
U.S. regulations require plant owners to make sure plants can survive any expected threat, even if that means they have to retrofit facilities that already have licenses.
At this time there isn't any clarity as to the problems connected to Japan's nuclear reactors, other than the fact of an 8.9 earthquake wreaking the havoc, along with the ability to be able to restore power quicker than Japan was able to; about the only thing understood at this time concerning its challenges.
According to General Electric, modifications were made to Mark I structures, at least in the U.S., in the 1980s after tests of Mark III designs exposed weaknesses common to all the structures. GE said it suggested similar changes in Japanese units but was still trying to determine if they were made, according to the Wall Street Journal.
Exelon closed Wednesday at $39.95, falling $1.39, or 3.36 percent. Entergy closed at $66.65, down $1.84, or 2.69 percent. Southern Company closed at $36.80, dropping $0.21, or 0.57 percent. General Electric closed at $18.95, losing $0.66, or 3.37 percent.
Source
Eleven U.S. utilities, including those listed above, own similar reactors in 14 states. Most of them are operating beyond their initial 40-year licenses and have been granted 20-year extensions by federal regulators.
The Japanese crisis, in which problems at four reactors have led to dangerous releases of radiation in the surrounding area, could lead to safety-related changes at similar U.S. plants. Operators said that, even if they're not ordered to make changes by regulators, they might do so to restore public trust.
U.S. regulations require plant owners to make sure plants can survive any expected threat, even if that means they have to retrofit facilities that already have licenses.
At this time there isn't any clarity as to the problems connected to Japan's nuclear reactors, other than the fact of an 8.9 earthquake wreaking the havoc, along with the ability to be able to restore power quicker than Japan was able to; about the only thing understood at this time concerning its challenges.
According to General Electric, modifications were made to Mark I structures, at least in the U.S., in the 1980s after tests of Mark III designs exposed weaknesses common to all the structures. GE said it suggested similar changes in Japanese units but was still trying to determine if they were made, according to the Wall Street Journal.
Exelon closed Wednesday at $39.95, falling $1.39, or 3.36 percent. Entergy closed at $66.65, down $1.84, or 2.69 percent. Southern Company closed at $36.80, dropping $0.21, or 0.57 percent. General Electric closed at $18.95, losing $0.66, or 3.37 percent.
Source
Tuesday, March 15, 2011
Shaw (SHAW), Exelon (EXC), Uranium Resources (URRE), Southern Co (SO) Dinged on Uranium, Nuclear Concerns
Shares of Shaw Group Inc. (NYSE:SHAW), Exelon Corp. (NYSE:EXC), Uranium Resources (NASDAQ:URRE) and Southern Co (SO) all closed down Monday as concerns over the effects of the Japanese earthquake on the nuclear industry weighed on the overall sector, as well as on other companies and categories with significant exposure to Japan.
Shaw company dropped to its lowest level in over a year on fears investment in the nuclear industry could falter in light of the media coverage of nuclear facilities struggling in Japan.
Even with the knee jerk reactions of the media and some politicians to the disaster, it's highly unlikely nuclear power will suffer much of a setback, if any, as if it takes an earthquake of this magnitude to even make nuclear reactors a possible danger, they're about as safe an energy source as there is, as more people will die from the natural disaster itself than any possible exposure to radiation, if it is even released.
That's not to downplay the possibility of a meltdown, just that we must wait until the events are played out and now create a bunch of fear and worry over possible scenarios that may never play out.
Shaw Group closed Monday at $34.87, down $3.54, or 9.22 percent. After being pressured earlier in Monday's trading session, Exelon rebounded to close down at $42.89, falling $0.27, or 0.63 percent. They had dropped as low as $40.80 at one point. Uranium Resources closed the day at $1.75, plunging $0.575, or 24.73 percent. Southern Company closed at $37.65, losing $0.63, or 1.65 percent.
Shaw company dropped to its lowest level in over a year on fears investment in the nuclear industry could falter in light of the media coverage of nuclear facilities struggling in Japan.
Even with the knee jerk reactions of the media and some politicians to the disaster, it's highly unlikely nuclear power will suffer much of a setback, if any, as if it takes an earthquake of this magnitude to even make nuclear reactors a possible danger, they're about as safe an energy source as there is, as more people will die from the natural disaster itself than any possible exposure to radiation, if it is even released.
That's not to downplay the possibility of a meltdown, just that we must wait until the events are played out and now create a bunch of fear and worry over possible scenarios that may never play out.
Shaw Group closed Monday at $34.87, down $3.54, or 9.22 percent. After being pressured earlier in Monday's trading session, Exelon rebounded to close down at $42.89, falling $0.27, or 0.63 percent. They had dropped as low as $40.80 at one point. Uranium Resources closed the day at $1.75, plunging $0.575, or 24.73 percent. Southern Company closed at $37.65, losing $0.63, or 1.65 percent.
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