Unlike in other recent initial public offerings such as Facebook, where some early investors sold shares right away and officers could start dumping in just three months after the deal, Twitter insiders will need to hold on for a longer period of time.
Some rank-and-file employees can sell 9.9 million shares starting Feb. 15, 2014, to cover income tax expenses from vesting shares. But that's just 1% of the company's shares outstanding. More important, executives, directors and owners of large chunks of Twitter stock have agreed to not sell their shares for at least 181 days after the IPO. That means these shares are locked up for sale until May 6, 2014, saving early investors from this avalanche of supply of stock. The 181-day lockup is a relief to investors, since the release of shares for sale can apply significant pressure on a fledgling stock.
Best Biotech Companies To Own For 2015: China Southern Airlines Company Limited(ZNH)
China Southern Airlines Company Limited provides commercial airline services in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It principally engages in the provision of passenger, air cargo, and mail airline services. The company also offers logistics services; air catering services; property management services; aircraft and engine repair and maintenance services; pilot training services; flight simulation services; and airport ground services. As of December 31, 2010, it had a fleet of 422 aircraft, as well as a network reaching 898 destinations connecting 169 countries and regions, and cities worldwide. The company was founded in 1995 and is headquartered in Guangzhou, the People?s Republic of China. China Southern Airlines Company Limited operates as a subsidiary of China Southern Air Holding Company.
Advisors' Opinion:- [By Belinda Cao]
The Bloomberg China-US Equity Index (CH55BN) of the most-traded Chinese companies in the U.S. slumped 3.4 percent last week to a seven-month low of 89.04. The gauge traded at 13.5 times estimated earnings, 3.6 percent below the S&P�� valuation, data compiled by Bloomberg show. China Southern Airlines Co. (ZNH) and China Eastern Airlines Corp. (CEA) lost more than 6 percent April 5, while Home Inns & Hotels Management Inc. (HMIN) tumbled 16 percent in the week.
- [By Lisa Levin]
China Southern Airlines Co (NYSE: ZNH) shares fell 2.47% to reach a new 52-week low of $15.38. China Southern Airlines' PEG ratio is 3.00.
DARA BioSciences (NASDAQ: DARA) shares fell 15.02% to touch a new 52-week low of $1.81. DARA BioSciences' trailing-twelve-month ROA is -66.74%.
- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Hong Kong stocks started modestly lower Thursday, tracking broad weakness in Asia, with mainland Chinese banks mixed after the release of November lending data. The Hang Seng Index (HK:HSI) lost 0.2% to 23,288.02, while the Hang Seng China Enterprises Index fell 0.4%. However, the Shanghai Composite (CN:SHCOMP) added 0.1% to 2,205.39 in choppy trade that saw it swing between positive and negative territory. Mainland Chinese banks saw mixed reaction after data showed new yuan-denominated loans rose to 624.6 billion yuan ($102 billion) in November, more than 100 billion yuan above the year-earlier figure and beating market forecasts of between 560 billion yuan and 580 billion yuan, according to the XInhua news agency. Among the top banks, Bank of China Ltd. (HK:3988) (BACHY) was up 0.3%, Bank of Communications Co. (HK:3328) (BKFCF) rose 0.2%, Agricultural Bank of China Ltd. (HK:1288) (ACGBF) traded flat, and Industrial & Commercial Bank of China Ltd. (HK:1398) (IDCBF) fell 0.6%. Shares of Aluminum Corp. of China Ltd. (HK:2600) (ACH) lost 0.7% after saying it could see a drop of up to 37% in output from a key Peruvian copper mine. Angang Steel Co. (HK:347) (ANGGF)
- [By Belinda Cao]
The Bloomberg China-US Equity Index (HSCEI) of the most-traded Chinese stocks in the U.S. added 0.3 percent to 103.21 yesterday. Renren, owner of a real-name social network website, jumped to the highest level since August as volumes surged. Web travel agency Elong Inc. (LONG) soared 20 percent. China Southern Airlines Co. (ZNH), Asia�� biggest carrier by passenger numbers, fell the most in a week and China Eastern Airlines Corp. slid to a three-week low.
Hot Heal Care Companies To Invest In 2014: HMS Holdings Corp (HMSY)
HMS Holdings Corp. provides cost containment, coordination of benefits, and program integrity services. The company?s services enable clients to recover amounts due from liable third parties, reduce fraud, and ensure regulatory compliance. Its coordination of benefits services route claims paid by a government program to the liable third party, which reimburses the government payor; cost avoidance services provide validated insurance coverage information that is used by government payors to reject claims that are the responsibility of a third party; and program integrity services are designed to identify payment errors and recover the erroneous payments. The company also offers audit programs, program design, benefit management, and general and pharmacy systems consulting services. It serves state Medicaid agencies, Medicaid and Medicare managed care plans, government and private self-funded employers, pharmacy benefit managers, child support agencies, the Veterans Health Administration, the Centers for Medicare and Medicaid Services, commercial plans, healthcare payors and sponsors, business outsourcing and technology firms, and government. The company was founded in 1974 and is headquartered in New York, New York.
Advisors' Opinion:- [By Seth Jayson]
HMS Holdings (Nasdaq: HMSY ) is expected to report Q2 earnings on July 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict HMS Holdings's revenues will increase 3.0% and EPS will shrink -8.7%.
Hot Heal Care Companies To Invest In 2014: Flowers Foods Inc (FLO)
Flowers Foods, Inc. (Flowers Foods), incorporated in October 2000, is a producer and marketer of bakery products in the United States. The Company is the producer and marketer of packaged bakery foods for retail and foodservice customers in the United States. Flowers Foods operates 44 bakeries that produce a range of bakery products, which include breads, buns, rolls, snack cakes, and pastries. These products are sold through a direct-store-delivery network with access to approximately 70% of the United States population in the East, South, and Southwest, as well as in certain markets in California. Select Flowers products are sold nationwide through customers' delivery systems. Among the Company�� top brands are Nature�� Own and Tastykake. The Company has two business segments: direct-store-delivery (DSD segment) and warehouse delivery segment (warehouse segment). In May 2011, the Company acquired Tasty Baking Company. In July 2012, it acquired Lepage Bakeries, Inc.
The DSD segments focuses on the production and marketing of bakery products to United States customers in the Southeast, Mid-Atlantic, Northeast and Southwest, as well as select markets in California and Nevada primarily through its DSD system. The warehouse segment produces snack cakes and breads and rolls that are shipped both fresh and frozen to national retail, foodservice, vending, and co-pack customers through their warehouse channels. The Company�� brands include Whitewheat, Cobblestone Mill, Blue Bird, ButterKrust, Dandee, Mary Jane, and Mary Jane and Friends. During the year ended December 31, 2011, it introduced the new products under this brand, including Nature�� Own Whitewheat Sandwich Rounds; Nature�� Own Whole Grain Sandwich Rolls and Hot Dog Rolls; Nature�� Own Cinnamon Raisin Thin Sliced Bagels; Nature�� Own Soft Oatmeal Specialty Bread; Nature�� Own 100% Whole Grain Specialty Bread, and Nature�� Own Honey Wheat Berry Specialty Bread. In addition to Nature�� Own, its DSD segment also marke! ts: a range of specialty breads and rolls under the Company-owned Cobblestone Mill brand; white breads and buns under regional company owned and franchised brands, such as Sunbeam, Bunny, Aunt Hattie��, Holsum, and ButterKrust; Tastykake and Blue Bird branded snack cakes and pastries; flour, white, and corn tortillas under the Mi Casa and Frestillas brands, and fresh packaged bakery products under store brands for retailers.
The Company�� warehouse segment markets a range of specialty breads and rolls under the European Bakers brand, breads, buns, and rolls for specific foodservice customers, and tortillas and tortilla chips under Leo�� Foods and Juarez. This segment�� snack cakes are sold under the Mrs. Freshley��, Broad Street Bakery, and store brands. Its warehouse segment products are distributed nationally through retail, foodservice and vending customer warehouses.
The Company competes with Grupo Bimbo S.A. de C.V./Bimbo Bakeries, Hostess Brands, Inc., Sara Lee Corporation, Campbell Soup Company, McKee Foods Corporation, Cloverhill Bakery, Hostess Brands, Inc., Alpha Baking Co., Inc., Rotella�� Italian Bakery, United States Bakery, Turano Baking Company and All Round Foods, Inc.
Advisors' Opinion:- [By Tim Brugger]
Following the announcement earlier this year of its intention to buy several bakeries, depots, and brand names as part of Hostess' bankruptcy proceedings, Flowers Foods (NYSE: FLO ) has completed the $355 million deal, the company announced yesterday.
- [By Dan Caplinger]
Tomorrow, Flowers Foods (NYSE: FLO ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed, knee-jerk reaction to news that turns out to be exactly the wrong move.
- [By Rich Duprey]
Following the announcement last month that a pair of private equity investors will return Twinkies to store shelves on July 15, Flowers Foods (NYSE: FLO ) said yesterday it has received regulatory approval to purchase the old Hostess Brands portfolio of breads, including Wonder, Nature's Pride, and Home Pride.
Hot Heal Care Companies To Invest In 2014: Huaneng Power International Inc (HNP)
Huaneng Power International, Inc. is principally engaged in the investment, construction, operation and management of power plants. The Company�� electricity generation business covers Northeast China Grid, North China Grid, Northwest China Grid, East China Grid, Central China Grid and South China Grid, as well as grid in Singapore. The Company�� power plants are mainly located in Shandong province, Liaoning province, Zhejiang province, Guangdong province, Jiangsu province, Hebei province, Fujian province, Jiangxi province, Chongqing city, Gansu province, Beijing city and Shanghai city, among others. As of December 31, 2010, the Company had a wholly owned power operation subsidiary in Singapore.
The Company�� Huaneng Dalian Power Plant (Dalian Power Plant) is located on the outskirts of Dalian, on the coast of Bohai Bay. Dalian Power Plant, including Phase I and Phase II, has an installed capacity of 1,400 megawatts and consists of four 350 megawatts coal-fired units. Dalian Power Plant typically stores 200,000 tons of coal onsite. Dalian Power Plant sells all its electricity through the Liaoning Electric Power Co., Ltd. and the Northeastern Power Grid. Electricity generated by Dalian Power Plant is delivered to the Liaoning Provincial Power Grid. Huaneng Dandong Power Plant (Dandong Power Plant) is located on the outskirts of the city of Dandong in Liaoning. Dandong Power Plant comprises two 350 megawatts coal-fired units. All the electricity generated by Dandong Power Plant is delivered to the Liaoning Provincial Power Grid and is sold through the Liaoning Electric Power Co., Ltd. and the Northeastern Power Grid.
Huaneng Yingkou Power Plant (Yingkou Power Plant) is located in Yingkou City in Liaoning Province. Yingkou Power Plant Phase I has an installed capacity of 640 megawatts and consists of 2x320 megawatts supercritical coal-fired generating units. Yingkou Power Plant sells all its electricity through Liaoning Electric Power Co., Ltd. and the Northeastern Power ! Grid. Electricity generated by Yingkou Power Plant is delivered to the Liaoning Provincial Power Grid. The Company�� construction projects in the Liaoning Province include the Yingkou Power Plant Phase II, which is planned to consist of two 600 megawatts coal-fired generating units. The Company owns 100% equity interests in this project.
Power Plant in Fujian Province
The Company�� Huaneng Fuzhou Power Plant (Fuzhou Power Plant) is located on the south bank of the Min River, southeast of the city of Fuzhou. Fuzhou Power Plant, including Phase I and Phase II, has an installed capacity of 1,400 megawatts and consists of four 350 megawatts coal-fired units. All the electricity sales of Fuzhou Power Plant are made through the Fujian Electric Power Company, Ltd. Electricity generated by Fuzhou Power Plant is delivered to the Fujian Provincial Power Grid.
Power Plant in Hebei Province
Huaneng Shangan Power Plant (Shangan Power Plant) is located on the outskirts of Shijiazhuang. Shangan Power Plant has been developed in two separate expansion phases. The Shangan Power Plant Phase I has an installed capacity of 700 megawatts and consists of two 350 megawatts coal-fired units. Shangan Power Plant sells all its electricity through the Hebei Electric Power Corporation. Electricity generated by Shangan Power Plant is delivered to the Hebei Provincial Power Grid. Shangan Power Plant Phase III is planned to consist of two 600 megawatts coal-fired generating units. The Company owns 100% equity interests in this project.
Power Plants in Jiangsu Province
Huaneng Nantong Power Plant (Nantong Power Plant) is located in the city of Nantong. Nantong Power Plant, including Phase I and Phase II, has an installed capacity of 1,404 megawatts, and consists of two 352 megawatts and two 350 megawatts coal-fired units. Nantong Power Plant sells all its electricity through the Jiangsu Electric Power Company. Electricity generated by Nantong Power Pl! ant is de! livered to the Jiangsu Provincial Power Grid. The Company�� Huaneng Nanjing Power Plant (Nanjing Power Plant) has an installed capacity of 640 megawatts consisting of two 320 megawatts coal-fired units.
The Huaneng Taicang Power Plant (Taicang Power Plant) is located in the vicinity of Suzhou, Wuxi and Changzhou in the Jiangsu Province. Taicang Power Plant is an ancillary facility of the China-Singapore Suzhou Industrial Park and has a total planned capacity of 1,200 megawatts. Taicang Power Plant Phase I consists of 2 x 300 megawatts coal-fired generating units. Taicang Phase II Expansion consists of two 600 megawatts coal-fired generating units. The Huaneng Huaiyin Power Plant (Huaiying Power Plant) is located in the Centre of the Northern Jiangsu Power Grid. The plant has 2 x 220 megawatts coal-fired generating units.
Power Plants in Shanghai Municipality
Huaneng Shanghai Shidongkou First Power Plant (Shidongkou I) is located in the northern region of the Shanghai Power Grid. The plant comprises 3 x 325 megawatts, 1 x 300 and 1 x 320 coal-fired generating units, and has a total installed capacity of 1,270 megawatts. Electricity generated by Shidongkou I is delivered to the Shanghai Municipal Power Grid. Huaneng Shanghai Shidongkou Second Power Plant (Shidongkou II) is located in the northern suburbs of Shanghai. Shidongkou II has an installed capacity of 1,200 megawatts and consists of two 600 megawatts coal-fired supercritical units.
Power Plants in Guangdong Province
Located on the outskirts of the city of Shantou, the Huaneng Shantou Oil-Fired Power Plant (Shantou Power Plant) was set up with the support of the Shantou municipal government and the Guangdong provincial government. In 2007, Shantou Power Plant Phase I consisted of two 300 megawatts coal-fired units. The Company�� construction project in Guangdong Province consists of the Huaneng Haimen Power Plant (Haimen Power Plant), which is planned to consist of two 1,000 mega! watts gen! erating units with a total installed capacity of 2,000 megawatts. The Company owns 100% equity interest in this project.
Power Plants in Shandong Province
Huaneng Dezhou Power Plant (Dezhou Power Plant) is located in Dezhou City, near the border between Shandong and Hebei Provinces. Dezhou Power Plant consists of three Phases, with Phases I consisting of one 320 megawatts and one 330 megawatts coal-fired generating units, Phase II consisting of two 300 megwatts coal-fired generating units, and Phase III consisting of two 700 megawatts coal-fired generating units. Dezhou Power Plant sells its electricity through Shandong Electric Power Corporation. Electricity generated by Dezhou Power Plant is delivered to the Shandong Provincial Power Grid. Huaneng Jining Power Plant (Jining Power Plant) is located in Jining City, near the Jining load Centre and near numerous coal mines.
Huaneng Weihai Power Plant (Weihai Power Plant) is located approximately 16 kilometers southeast of Weihai City, on the shore of the Bohai Gulf. The Company holds a 60% interest in Weihai Power Plant, the remaining 40% interest of which is owned by Weihai Power Development Bureau (WPDB). Weihai Power Plant, developed in two phases, consists of four coal-fired generating units with an aggregate design capacity of 850 megawatts. Huaneng Xindian Power Plant (Xindian Power Plant) is located in Zibo Municipality of Shandong Province.
Power Plants in Zhejiang Province
Huaneng Changxing Power Plant (Changxing Power Plant) is located at the intersection of Zhejiang Province, Jiangsu Province and Anhui Province. Changxing Power Plant has one 125 megawatts and one 135 megawatts coal-fired generating units. Changxing Power Plant sells its electricity to Zhejiang Provincial Electric Power Company. The Yuhuan Power Plant is located in Taizhou of Zhejiang Province and consists of two 1,000 megawatts ultra-supercritical, coal-fired generating units with a total installed capacity of ! 2,000 meg! awatts.
Power Plant in Shanxi Province
Huaneng Yushe Power Plant (Yushe Power Plant) is located in Yushe County of Shanxi Province. Yushe Power Plant Phase I has an installed capacity of 200 megawatts and consists of two 100 megawatts coal-fired generating units. Yushe Power Plant sells all its electricity through the Shanxi Electric Power Corporation. Electricity generated by Yushe Power Plant is delivered to the Shanxi Provincial Power Grid.
Power Plant in Henan Province
Qinbei Power Plant is located in Jiyuan Municipality of Henan Province. Its installed capacity is 2,400 megawatts, which consists of four 600 megawatts supercritical coal-fired generating units.
Power Plant in Jiangxi Province
Huaneng Jinggangshan Power Plant (Jinggangshan Power Plant) is located in Jian City of Jiangxi Province, and has an installed capacity of 600 megawatts and consists of two 300 megawatts coal-fired generating units. Jinggangshan Power Plant sells its electricity through the Jiangxi Electric Power Corporation. Electricity generated by it is delivered to the Jiangxi Provincial Power Grid.
Power Plant in Hunan Province
Huaneng Yueyang Power Plant (Yueyang Power Plant) is located in Yueyang City of Hunan Province. Yueyang Power Plant Phase I has an installed capacity of 725 megawatts and consists of two 362.5 megawatts sub-critical, coal-fired generating units. Yueyang Power Plant Phase II consists of two coal-fired generating units with installed capacity of 600 megawatts. Yueyang Power Plant sells its electricity through the Hunan Electric Power Corporation. Electricity generated by Yueyang Power Plant is delivered to the Hunan Provincial Power Grid.
Power Plant in Chongqing Municipality
Huaneng Luohuang Power Plant (Luohuang Power Plant) is located in Chongqing Municipality. Each of Phase I and Phase II of Luohuang Power Plant has an installed capacity of 720 megawatts and consists ! of two 36! 0 megawatts coal-fired generating units. Luohuang Power Plant Phase III consists of two 600 megawatts coal-fired generating units with an installed capacity of 1,200 megawatts.
Power Plant in Gansu Province
Huaneng Pingliang Power Plant (Pingliang Power Plant) is located in Pingliang City of Gansu Province. It has an installed capacity of 1,200 megawatts and consists of four 300 megawatts coal-fired generating units.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Friday morning, the utilities sector proved to be a source of strength for the market. Leading the sector was strength from Huaneng Power International (NYSE: HNP) and Pure Cycle (NASDAQ: PCYO). In trading on Friday, healthcare shares were relative laggards, down on the day by about 0.28 percent.
Hot Heal Care Companies To Invest In 2014: Wisdomtree International Energy Sector Fund (GNAT)
WisdomTree International Energy Sector Fund (The Fund) is a non-diversified fund. It seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Energy Sector Index (The Index). The Fund is managed by WisdomTree Asset Management, Inc.
The Index is derived from WisdomTree Index of Europe, Far East Asia and Australasia (DEFA) Fund. It measures the performance of dividend-paying companies in developed markets outside of the United States and Canada within the international energy sector. The companies are weighted in the Index based on regular cash dividends paid. The Index includes companies from oil and gas producers, oil and gas services, pipelines, alternative energy sources, and coal industries.
Advisors' Opinion:- [By Todd Shriber, ETF Professor]
Unusual volume (at least 5X ADV): Market Vectors Gaming ETF (NYSE: BJK), Guggenheim Timber ETF (NYSE: CUT), WisdomTree Global Natural Resources ETF (NYSE: GNAT), iShares MSCI Global Gold Miners (NYSE: RING) and the Global X Social Media Index ETF (NASDAQ: SOCL).
Hot Heal Care Companies To Invest In 2014: Exelon Corp (EXC)
Exelon Corporation (Exelon) is an energy provider and holding company for several energy businesses. Exelon is engaged in the energy generation business through its Exelon Generation Company, LLC (Generation) subsidiary; wholesale and retail energy sales through its Constellation business unit, and the energy delivery business through its Baltimore Gas and Electric (BGE), Commonwealth Edison Company (ComEd) and PECO Energy Company (PECO) subsidiaries. It operates in 47 states, the District of Columbia and Canada. Exelon Generation has approximately 35,000 megawatts of owned capacity. Constellation provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to more than 6.6 million customers in central Maryland, northern Illinois and southeastern Pennsylvania. On March 12, 2012, Constellation Energy Group, Inc. merged into Exelon. In December 2012, the Company sold its three Maryland coal-fired power plants to Raven Power Holdings LLC (Raven Power).
In August 2012, the Company sold its interest in five California power plants to IHI Corp. It includes two coal-powered and three biomass-based plants-with a total generation capacity of 70 megawatts. IHI acquired Exelon's 50% interest in four power plants and 45% interest in one plant. On September 30, 2011, Generation acquired Antelope Valley Solar Ranch One. On August 24, 2011, Generation acquired Wolf Hollow, LLC.
Exelon Generation Company, LLC
Generation is an electric generation company. Generation�� business consists of its owned and contracted electric generating facilities, its wholesale energy marketing operations and its retail supply operations. Generation has three reportable segments, which consists of the Mid-Atlantic, Midwest, and South and West regions. As of December 31, 2011, Generation owned generation resources with an aggregate net capacity of 25,544! megawatt, including 17,115 megawatt of nuclear capacity. Generation controlled another 5,025 megawatt of capacity through long-term contracts. Generation�� retail business provides retail electric and gas services as an unregulated retail energy supplier in Illinois, Pennsylvania, Michigan and Ohio.
Mid-Atlantic represents Generation�� operations primarily in Pennsylvania, New Jersey and Maryland (approximately 35% of capacity); Midwest includes the operations in Illinois, Indiana, Michigan and Minnesota (approximately 45% of capacity); and the South and West includes operations primarily in Texas, Georgia, Oklahoma, Kansas, Missouri, Idaho and Oregon (approximately 20% of capacity). As of December 31, 2011, Generation had ownership interests in 11 nuclear generating stations in service, consists of 19 units with an aggregate of 17,115 megawatt of capacity. Generation wholly owns all of its nuclear generating stations, except for Quad Cities Generating Station (75% ownership), Peach Bottom Generating Station (50% ownership) and Salem Generating Station (Salem) (42.59% ownership).
Commonwealth Edison Company
Commonwealth Edison Company is engaged principally in the purchase and regulated retail sale of electricity and the provision of distribution and transmission services to a diverse base of residential, commercial and industrial customers in northern Illinois. ComEd�� retail service has an area of approximately 11,400 square miles and an estimated population of nine million. The service territory includes the City of Chicago, an area of about 225 square miles with an estimated population of three million. As of December 31, 2011, ComEd had approximately 3.8 million customers.
PECO Energy Company
PECO is engaged principally in the purchase and regulated retail sale of electricity and the provision of transmission and distribution services to retail customers in southeastern Pennsylvania, including the City of Philadelphia, as wel! l as the ! purchase and regulated retail sale of natural gas and the provision of distribution services to retail customers in the Pennsylvania counties surrounding the City of Philadelphia. PECO�� combined electric and natural gas retail service territory has an area of approximately 2,100 square miles and an estimated population of four million. PECO provides electric distribution service in an area of approximately 1,900 square miles, with a population of approximately 3.9 million, including approximately 1.5 million in the City of Philadelphia. PECO provides natural gas distribution service in an area of approximately 1,900 square miles in southeastern Pennsylvania adjacent to the City of Philadelphia, with a population of approximately 2.4 million. PECO delivers electricity to approximately 1.6 million customers and natural gas to approximately 4,94,000 customers.
Advisors' Opinion:- [By Justin Loiseau]
Atlantic, why can't you be more like Exelon?
Atlantic wasn't the only utility to dice up its dividend this past quarter. Exelon (NYSE: EXC ) announced on Feb. 7 that it would slash its dividend by a whopping 40%. But unlike Atlantic, Exelon's stock has risen 12% since its earnings report. That's 4.5 percentage points above the Dow Jones U.S. Utilities Price Index and more than nine percentage points better than the S&P 500's�return. - [By Sean Williams]
This week's winner
This was a really odd week, with very few big moves and things generally quiet from a news perspective. The top performer this week was electric utility Exelon (NYSE: EXC ) , which jumped 2.8% despite no company-specific news. I would postulate Exelon shares advanced on the high hopes of investors who expect the warm summer months to push energy demand higher. Exelon still needs to find a way to contend with the high costs of its nuclear energy portfolio, but summertime tends to be a bread-and-butter time of year for most electric utilities. - [By Alex Planes]
Today, 435 nuclear reactors operate around the world, and another 67 are under construction. The majority of nuclear energy is generated in just three countries: the U.S., Japan, and France. France's EDF is the world's largest producer of nuclear energy -- or, indeed, any type of energy -- followed by Exelon (NYSE: EXC ) in the U.S. and TEPCO in Japan. TEPCO's Fukushima plant provided the world with a more recent example of the potential dangers of nuclear power in the aftermath of a devastating 2011 earthquake. This, however, can't be blamed on human error -- though it may have worse long-term effects on the growth of nuclear power than Chernobyl.
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