HOUSTON----Staying cool and managing electricity use can be a challenge during hot Texas summers. Many Texans are looking for relief by adjusting thermostats and turning on ceiling fans.
PRINCETON, N.J.----NRG Energy, Inc. has moved up the date of the Company?s second quarter 2010 earnings call to accommodate a management scheduling conflict and ensure full management participation.
NRG Energy completed the acquisition of the South Trent wind farm near Sweetwater, Texas after being approved by the Public Utility Commission of Texas .
Staying cool and managing electricity use can be a challenge during hot Texas summers. Many Texans are looking for relief by adjusting thermostats and turning on ceiling fans. But is that the right 2010 07 30 11:57
NRG Energy, Inc. (NYSE: NRG) has moved up the date of the Company?s second quarter 2010 earnings call to accommodate a management scheduling conflict and ensure full management participation. The 2010 07 29 18:17
From Yellowstone to New York yesterday brought painful reminders the bear often awakes without warning. Dow Industrials saw their four session winning streak snapped after the Fed?s beige book looked more like hospital white to investors and a drumbeat of earnings which beat the Street was overshadowed by an unexpected second successive decline in durable goods. (Defined as expensive items designed to last upwards of three years; think Lindsay Lohan?s wardrobe as opposed to her career.) A day after JWoww walked on Wall Street Obama took a sub to the Jersey Shore. That our 2010 07 29 08:3
NRG Energy, Inc. (NYSE: NRG) plans to present the Company?s second quarter 2010 financial results to the financial community in a conference call to be held Tuesday, August 3, at 9:00am eastern. 2010 07 20 09:30
It is often said that you should never invest in a stock in hopes of a takeover, but I find that to be fundamentally wrong, as your rationale for picking a potential takeover target should use much of the same analysis being used by prospective buyers, whether it be publicly traded companies, private equity, or other interested buyers.
I have always had a great eye for takeover targets, putting aside the daily market chatter and rumors that amount to nothing 99% of the time. Combining a very basic approach in fundamental analysis (valuation metrics such as forward...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund filings.)
Next up is Philip Falcone's hedge fund Harbinger Capital Partners. Harbinger is a multi-billion dollar hedge fund firm with a focus on both distressed assets and equity plays. It often takes highly concentrated positions and so it's an easier fund to track. After horrible performance in 2008, Harbinger rebounded in 2009 and finished up 46.5% as noted in...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund filings.)
Next up is Andreas Halvorsen's hedge fund Viking Global. Viking employs bottom-up fundamental stockpicking, like most all other 'Tiger Cub' hedge funds. Halvorsen attended Williams College and received his MBA from Stanford and he has previously worked at Morgan Stanley and Julian Robertson's legendary hedge fund Tiger Management. In Alpha's 2008 hedge fund rankings, Viking was ranked #70 in the...
The markets went on a wild ride during the week ended May 14, with the S&P 500 opening Monday with a 4.40% gain and hitting a 5.47% cumulative gain by Wednesday, only to settle back down for a cumulative 2.23% gain by the close on Friday. The Russell 3000 ended the week up 2.73%.
It was another great week to be long "low-quality" stocks, with the 19 new stocks on that list surging by 3.86% on average. In contrast, the 16 "high-quality" stocks on our list appreciated by an average of 2.09%.
EU rolls out euro mega-fund. The European Union unveiled a staggering €750B ($966B) plan to save the eurozone from a debt contagion crisis, including €440B in loans from eurozone nations, €60B from EU emergency funds, and €250B from the IMF. The money will be available to rescue eurozone countries that become financially distressed. Additionally, the ECB will take the step of buying government bonds, previously considered the "nuclear option" of the euro defense measures under consideration, and the Federal Reserve has reopened a credit line to...
"Low-Quality" Stocks Outperform "High-Quality", Once Again
For the month ended April 30, 2010, "low-quality" stocks in our unlevered model portfolio rose 4.20% and "high-quality" stocks appreciated by 2.31%, driving results for a market neutral model portfolio down 1.82%. A 120-80/80-120 moderate long/short model portfolio declined 0.53%, and a 200-0/50-150 aggressive strategy returned 4.53%. This compares to a 1.48% gain (1.58% with dividends) in the S&P 500, a 2.16% gain in the Russell 3000 and a 0.80% rise in a mutual fund that is supposed to reflect S&P Quality Rankings.
Because of this, I'm very interested in determining what influences the movement of the stock price and whether the downward move that the company has experienced recently was caused by outside factors (i.e. changes in commodities prices, the weakening economy) or internal factors such as market distaste with the company or other problem areas that have yet to crop...
By MarketWatch SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trading in Monday's session are Humana Inc., NRG Energy Inc. and VeriSign Inc. Humana Inc ...
NEW YORK (Market Intellisearch) -- NRG Energy shares have crossed above the 50-day moving average on lighter than usual volume. The crossing of the stock price above the moving average may signal ...
MusclePharm Corporation (OTCBB:MSLP), a fast-growing nutritional supplement company with a proprietary formulation used in eight performance products, is set to announce an exclusive distribution ...
HOUSTON--(BUSINESS WIRE)--Staying cool and managing electricity use can be a challenge during hot Texas summers. Many Texans are looking for relief by adjusting thermostats and turning on ceiling ...
By Chip Brian Below are the top five companies in the Independent Power Producers industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we ...
PRINCETON, NJ--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) has moved up the date of the Company's second quarter 2010 earnings call to accommodate a management scheduling conflict and ensure ...
NEW YORK (Market Intellisearch) -- NRG Energy shares have crossed below the 50-day moving average on lighter than usual volume. The crossing of the stock price below the moving average may signal ...
The days of discussing cleantech viability are over. At this point, we need to start looking at how the industry will mature and grow. The industry is moving so quickly that if we don't start now ...
Advanced Micro Devices (NYSE: AMD): FBR Capital on Thursday downgraded AMD to Market Perform from Outperform and cut its price target to $11 from $14. In a research note to clients, the firm said ...
Deutsche Bank downgrades NRG Energy (NYSE: NRG) from 'Buy' to 'Hold' and lowers the price target from $27 to $25. Deutsche cites uncertainty over the South Texas Project nuclear power plant plans ...