Stocks Fall; Dow Average Pulls Back From a Record
Wall Street's passion for high-dividend stocks is fading. The market closed lower Wednesday, led by rich dividend payers like power utilities and makers of consumer staples.
Wall Street's passion for high-dividend stocks is fading. The market closed lower Wednesday, led by rich dividend payers like power utilities and makers of consumer staples.
Comcast posted higher profits during the first quarter, driven by strength in its cable business, the company said Wednesday.
In January, U.S. incomes dropped, but spending rose as consumers dug into savings to help cover rising utility costs and the increased price of gasoline.
U.S. factories rebounded in November from Superstorm Sandy, boosting production of cars, equipment and appliances. The Fed says factory output increased 1.1 percent from October, offsetting a 1 percent decline from the month before, which was blamed on the storm.
As the days without power stretched on for hundreds of thousands after Superstorm Sandy, patience turned to anger. But an AP analysis of outages from other big storms shows that the time it took to utility companies to restore electricity was no worse than average -- and in some places, actually faster.
Dycom Industries may not be a household name, but behind the scenes, it does a lot of heavy lifting for the telecommunications industry. So its unusual earnings miss Tuesday night could mean the telephone, cable and utility companies that are its customers are having troubles of their own.
U.S. manufacturing output contracted in May for the second time in three months, the latest worrisome sign the American economy could be cooling.
Utility stocks were down Monday in the wake of the wicked winter storm that tossed the Northeast over the weekend. But it's on panicky days like these that long-term investors want to be taking a second look at utilities. Not only are they less volatile than fast-growing tech stocks, some pay hefty dividends.
The S&P 500 is one of the most followed stock market index in the world. Mutual fund managers benchmark their returns against it, yet somehow the vast majority underperform the index every year. Many dividend investors choose to ignore the index, and instead focus on its components.
Expectations for power price increases have been put off to 2015 and beyond by bank analysts. But a combination of steady demand recovery, infrastructure changes and the retirement of coal-fired plants in 2015 could contribute to a tightening U.S. power market by the middle of the decade.
Amid health concerns over smart meters, which can wirelessly transmit household energy-usage data to utilities and customers, California's largest utility has proposed a plan that would allow homeowners to opt for regular meters -- at a cost. Here are some facts for consumers to consider.
Yes, electric utilities are a mostly unloved sector among investors, even though everyone needs power. But maybe their steady and dividend-friendly shares have more appeal these days. Here's a look at three big names: American Electric Power, Constellation Energy and Allegheny Energy.
First Solar, one of the world's biggest solar manufacturers, is looking toward 2011 with plenty of good cheer. According to its latest forecast, released Tuesday, the company expects sales to heat up some 46% in spite of lower subsidies in Germany, the world's largest solar market.
The nation%u2019s manufacturing recovery accelerated in October as factory output jumped 0.5%, the Federal Reserve said. Overall industrial output was flat in the month, but the typical autumn plunge in utilities output skewed the top-line stat lower.
Among the day's top stories for investors: How the election results are bullish for stocks, 21 utilities yielding more than 4.5%, and many reasons to be a day trader.
Among the day's top online stories for investors: Why the housing market is ready to boom, which sector significantly outperformed the S&P over the past year, and the scoop on Warren Buffett's successor Todd Combs.
Pacific Gas & Electric Co. found 38 leaks in its more than 6,700 miles of natural-gas transmission lines. The company said its 16 miles of lines in the San Bruno, Calif., area, where a September explosion killed eight people, were satisfactory.
It's the first decline since June 2009. Still, despite the dip, the nation's industrial sector remains in an uptrend, and a weaker dollar may further boost international sales of key U.S. companies in the months ahead.
After the California Legislature ended its session without adopting a new renewable standard, regulators took matters into their own hands and approved the 33% standard Thursday. Will the standard prove effective?
Factories continue to show signs of sustainable economic growth, as industrial production rose 0.2% in August.
Interest rates are hovering near record lows, so investors looking for higher returns will have to look beyond interest-bearing assets like CDs and money-market funds. If low risk is a priority, consider two interesting options: utilities and oil pipeline partnerships.
Eight states, New York City and three groups won the legal right to sue greenhouse-gas emitting utilities. The companies appealed to the Supreme Court, and the Obama administration has filed a brief supporting them. Find out the implications of this move.
The 1% increase eases worries that activity in the sector that's so far led the recovery is slowing. The July increase was led by strong performances in the manufacturing and mining segments, while utility output cooled off.
The combination of increased revenue from the warm temperatures and the prospect of increased electric use from a sustained economic recovery bodes well for electric utility stocks for the remainder of 2010 and into 2011.
Despite promises of environmental benefits and lower costs to consumers, smart meters are running into stiff resistance in some areas where you'd least expect it. Among the concerns: More electromagnetic radiation and loss of privacy.
One nation industrial and two regional surveys released this week provided further evidence that the U.S. economic recovery weakened somewhat in the second quarter, as manufacturing growth slowed.






















