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Staples ETFs Offering Protection In Turbulent Markets
Wednesday, February 17, 2016 - 2:04pm | 588Read More...The Utilities SPDR (ETF) (NYSE: XLU) is the only one of the sector SPDR exchange-traded funds higher on a year-to-date basis, but the Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) is not far behind with a barely noticeable 2016. The last couple of days of market action aside, leadership from...
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It's Not All Bad For Utilities ETFs
Thursday, January 14, 2016 - 3:02pm | 576Read More...Leading up to the Federal Reserve raising interest rates last month, the first such move by the U.S. central bank in nearly a decade, utilities stocks and exchange-traded funds were widely seen as vulnerable to higher U.S. borrowing costs. Historical data confirms that utilities stocks are the most...
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Different Ways To Turn The Lights On With Utilities ETFs
Thursday, January 7, 2016 - 9:23am | 609Read More...Utilities stocks and exchange-traded funds faced plenty of challenges last year as the Federal Reserve set the stage for its first interest rate increase in nearly a decade. With the central bank poised to raise borrowing costs several times this year, investors should approach the utilities sector...
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ITC Holdings Stock Spikes On M&A Rumor
Monday, November 30, 2015 - 2:57pm | 347Read More...Shares of ITC Holdings Corp. (NYSE: ITC) gained more than 10 percent by Monday afternoon but are still lower by nearly 8 percent year-to-date. Bloomberg reported that ITC Holdings is evaluating strategic alternatives, including a potential sale of itself. The utility space remains ripe...
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If Interest Rates Rise, There's One Place For Investors To Hide
Friday, November 20, 2015 - 3:02pm | 409Read More...The possibility of an imminent Fed rate hike has utility investors looking for defensive trading strategies. A.B. Bernstein believes that U.S.10-year Treasury rates will not climb as steeply as the market expects over the next year. The firm believes that certain utility stock earnings will...
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Utilities Are Still Attractive If The Fed Does This
Saturday, October 24, 2015 - 5:38pm | 601Read More...Really, it is a simple story. Speculation increases about the Federal Reserve raising interest rates and utilities stocks and the relevant exchange-traded funds suffer. September rolls around, and the Fed eschews a rate hike, leaving bond traders to surmise that the central bank could delay higher...
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Fed Turned On The Lights For Utilities ETFs
Tuesday, September 22, 2015 - 2:23pm | 582Read More...For as much as financial services exchange-traded funds want the Federal Reserve to raise interest rates, utilities want the Fed to continue its near zero interest rate policy for as long as possible. The reasoning is simple. Few sectors are as rate-sensitive as utilities. Recent showings by...
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Credit Suisse Remains 'On Guard' In U.S. Stocks Despite Attractive Valuations
Wednesday, August 26, 2015 - 1:37pm | 431Read More...Credit Suisse's U.S. equity research team, led by Lori Calvasina, released a report titled "August's Sell-Off in a Nutshell." The analysts began the report by noting that the "rout" in equities over the past few days "should not be surprising" as institutional investors and traders developed...
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Utility ETFs Face Difficult Interest Rate Environment
Wednesday, June 3, 2015 - 2:33pm | 607Read More...The utility sector has cooled significantly this year as rising U.S. Treasury yields threaten to sink share prices even lower. The Utility Select Sector SPDR (Utilities SPDR (ETF) (NYSE: XLU)) is the largest fund in this space, with over $6.3 billion in total assets. A Closer Look At XLU XLU...
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Is A Fed Tightening Good For Water Utilities? This Analyst Thinks So
Friday, March 20, 2015 - 10:07am | 276Read More...In a report published Friday, Boenning & Scattergood analyst Ryan Connors argued that a rising rate environment is a positive for water utility stocks and that the group delivered some of its best relative performance during past Fed tightening cycles. "The two key reasons why water utilities...
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Bank Of America's Top 10 Stocks For 2015
Monday, December 15, 2014 - 11:13am | 385Read More...Analysts at Bank of America released a list on Friday detailing their top 10 favorite stocks across 10 sectors for 2015. The full list includes: Consumer Discretionary: General Motors Company (NYSE: GM) due to its healthy yield with a potential to grow dividends. Consumer Staples: Wal-...
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Relaxed Regulations Highlight Nuclear ETFs
Tuesday, July 22, 2014 - 4:20pm | 495Read More...The Environmental Protection Agency is considering a review of its 1977 rule that limits the amount of whole-body radiation that any member of the public can be exposed to as a result of the uranium fuel cycle. While they have not made any immediate determination to change the current level of...
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ITC and Progress Energy to Open Near 52-Week Highs
Monday, October 3, 2011 - 6:48am | 514Read More...While the Dow, Nasdaq and S&P 500 all fell more than 2% on Friday, utility companies ITC Holdings (NYSE: ITC) and Progress Energy (NYSE: PGN) reached new 52-week highs of $78.89 and $52.42 per share, respectively. Michigan-based ITC Holdings' Green Power Express project, a “high-voltage...
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Dominion Resources and Duke Energy to Open Near 52-Week Highs
Monday, October 3, 2011 - 6:42am | 540Read More...While the Dow, Nasdaq and S&P 500 all fell more than 2% on Friday, utility companies Dominion Resources (NYSE: D) and Duke Energy (NYSE: DUK) reached new 52-week highs of $51.44 and $20.21 per share, respectively. Dominion Resources has paid a dividend every year since at least 1983. But the...
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Twelve ETFs Trading Near 52-Week Highs
Tuesday, July 12, 2011 - 6:56am | 874Read More...First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...











