DoraDalton/E+ via Getty Images My coverage of Algonquin Power & Utilities Corp. ( AQN ) has been spotty in its performance. Anyone following my overall targets for the company in terms of buying and selling would have bought the company at a price that I believe to be attractive for the longer term, based on my price target given in my previous article of about $6.50/share, and would probably not ...
DoraDalton/E+ via Getty Images My coverage of Algonquin Power & Utilities Corp. ( AQN ) has been spotty in its performance. Anyone following my overall targets for the company in terms of buying and selling would have bought the company at a price that I believe to be attractive for the longer term, based on my price target given in my previous article of about $6.50/share, and would probably not have sold before the recent decline in the stock. It's a small underperformance, and one I view as temporary rather than long-term. Let me make this clear. You can find my previous article here, and you can see the previous performance as well. Utilities like AQN have been very tricky companies to invest in for a number of years now. A few years ago, I would have been all positive on basically many or most of them—US-based or EU-based, either would have worked. But now, if you follow my overall coverage on utilities, you'll see that I'm actually relatively negative on many of these companies now, due to the combination of valuations and upside while considering the companies' CapEx budgets going forward. But, dear readers, AQN is slightly different—and therefore I've been positive on the company and continue to be positive at this time as well. I say that the company is different. How exactly is this company different from other utilities that I have covered? What makes it better, if so? Most utilities are plays on a relatively safe asset base that's currently undergoing a significant CapEx budget related to data centers. That is not this company's identity. AQN has historically been more “special” or unique because of its exposure to high-growth renewable assets. This is no longer the unique profile of the company—as I said in my previous article, the profile of renewables has moved into asset divestitures , with the target of becoming a pure-play regulated one. It doesn't have just electricity—it has electric, water, and natural gas. The renewable sales have the net effec...
A woman was killed and another left unconscious after a Hong Kong taxi driver in his seventies lost control of his vehicle and drove onto a pavement in Ngau Tau Kok on Wednesday, police said. The driver and his two passengers were also hurt. Police said the taxi veered onto a pedestrian walkway at about 1.50pm on Choi Ha Road near Chun Wah Road before crashing into a concrete planter in a nearby s...
A woman was killed and another left unconscious after a Hong Kong taxi driver in his seventies lost control of his vehicle and drove onto a pavement in Ngau Tau Kok on Wednesday, police said. The driver and his two passengers were also hurt. Police said the taxi veered onto a pedestrian walkway at about 1.50pm on Choi Ha Road near Chun Wah Road before crashing into a concrete planter in a nearby sitting-out area. Two women in their thirties were struck by the taxi and left unconscious. They were...
Justin Sullivan PayPal ( PYPL ) will waive about $30M in transaction processing fees to settle a Department of Justice probe into what the agency called a "DEI Investment Program" that was created to support minority-owned businesses. The waiver will apply to eligible small U.S. businesses that are veteran-owned or engaged in farming, manufacturing, or technology. The company is also required to l...
Justin Sullivan PayPal ( PYPL ) will waive about $30M in transaction processing fees to settle a Department of Justice probe into what the agency called a "DEI Investment Program" that was created to support minority-owned businesses. The waiver will apply to eligible small U.S. businesses that are veteran-owned or engaged in farming, manufacturing, or technology. The company is also required to launch a new Small Business Initiative that excludes criteria based on race, national origin, or other protected characteristics. The program under investigation was PayPal's ( PYPL ) Economic Opportunity Fund, which was launched in 2020 with a $500M commitment to invest in black and minority-owned businesses. DOJ Acting Attorney General Todd Blanche said the settlement was part of President Trump's vow to "root out illegal DEI" from corporate America. "American corporations are on notice: you will face our aggressive enforcement if you use race or national origin to discriminate against qualified Americans," Blanche warned . PayPal's ( PYPL ) settlement does not include any fines and the DOJ did not conclude if the company violated the Equal Credit Opportunity Act, which prohibits creditors from discriminating against applicants based on race, color, national origin or other criteria. The company has denied accusations of any wrongdoing. "For more than two decades, PayPal has helped small businesses start, scale, and thrive by expanding access to digital financial tools," a spokesperson said. "We're excited to launch the Small Business Initiative to infuse American small businesses with even more economic opportunity." More on PayPal PayPal: One Of The Cheapest Large-Cap Tech Stocks - Why I Bought More PayPal: Cost Cuts And Buybacks Are The Real Bull Case PayPal's $6 Billion Lifeline PayPal targets $1.5B in savings by 'optimizing' cost structure
On Tuesday, Sen. Elizabeth Warren (D-Mass.) launched a renewed push to examine whether the rapid expansion of AI data centers run by major technology companies is driving up electricity costs for American households. Warren Raises Alarm Over AI Power Consumption In a post on X, Warren said that "a single AI data center uses as much electricity as 100,000 households." She argued that utility compan...
On Tuesday, Sen. Elizabeth Warren (D-Mass.) launched a renewed push to examine whether the rapid expansion of AI data centers run by major technology companies is driving up electricity costs for American households. Warren Raises Alarm Over AI Power Consumption In a post on X, Warren said that "a single AI data center uses as much electricity as 100,000 households." She argued that utility companies are shifting infrastructure upgrade costs onto consumers instead of Big Tech firms. "Utility com
3 high yield stock ETFs that make any income portfolio betterNu Skin Enterprises (NYSE:NUS) reported first-quarter 2026 results that management said were in line with expectations, as the company continued to invest in its Prysm iO wellness platform and emerging-market expansion
3 high yield stock ETFs that make any income portfolio betterNu Skin Enterprises (NYSE:NUS) reported first-quarter 2026 results that management said were in line with expectations, as the company continued to invest in its Prysm iO wellness platform and emerging-market expansion
Talanx (ETR:TLX) reported what Chief Financial Officer Jan called the strongest first-quarter result in the company’s history, with net income rising 28% year over year to EUR 774 million in the first quarter of 2026. Jan said the insurer also posted a return on equity of 22.3%,
Talanx (ETR:TLX) reported what Chief Financial Officer Jan called the strongest first-quarter result in the company’s history, with net income rising 28% year over year to EUR 774 million in the first quarter of 2026. Jan said the insurer also posted a return on equity of 22.3%,
Siemens Aktiengesellschaft (ETR:SIE) reported higher orders, revenue and industrial profit in its fiscal second quarter, with management pointing to strong demand from data centers, industrial software and electrification while warning that geopolitical volatility and tariffs rem
Siemens Aktiengesellschaft (ETR:SIE) reported higher orders, revenue and industrial profit in its fiscal second quarter, with management pointing to strong demand from data centers, industrial software and electrification while warning that geopolitical volatility and tariffs rem