US companies are cutting dividends at the fastest pace since 1991, reports Standard & Poor’s. The big exception: utility stocks. Ninety-seven Utility Forecaster How They Rate companies have raised dividends at least once since Jan. 1, and no regulated US utility has cut. Read More
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After languishing for more than two years, natural gas prices are moving higher once again. Last month, spot prices surged to more than $10 per million British thermal units (MMBtu), twice their level just a few months ago. Read More
Buy UF Growth and Income Spotlights: That’s standard advice for establishing positions in utilities. Growth and Income Spotlights are chosen based on three criteria: strong businesses (preferably with an immediate catalyst to drive their prices higher), low prices and diversification. Read More
It’s tough for many companies and individuals to get credit nowadays. But utilities are having few, if any, problems. Read More
Idearc has suspended distributions to cut debt, while the slipping US economy is hurting business. Trading at barely twice the lowest Street estimate for 2009, Idearc remains a buy up to 5 for speculators. Read More
Bucking a negative market mood is a lot easier with a big, safe dividend. And as long as the payout holds, recovery is assured and you’re paid richly to be patient. Read More
Thanksgiving feasts are still nearly six months away. Investors in essential service companies, however, may want to say an extra blessing sometime in the next couple weeks. Read More
$1.5 trillion: That’s what The Brattle Group, an economics/finance consultancy, projects the US electric utility will have to spend through 2030 on vital infrastructure. That includes a forecast that the 30 percent growth in power demand currently projected by the US Energy Information Administration can be cut by a third on the basis of aggressive energy efficiency programs. Read More
I’ve never been a fan of top-down stock market analysis. All too often, grand theories cloud investors’ perception of the reality on the ground. And it’s much easier to try to reshape the facts so they fit, rather than question the whole premise. Read More