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Why NextEra Energy Bounced Back Today
The Motley Fool· 2025-07-01 20:31
Shares of utility and renewables power developer NextEra Energy (NEE 5.34%) rallied today, up 5.3% in Tuesday's trading session.NextEra had fallen hard yesterday, after a surprise tax was added to the Senate's version of the "Big, Beautiful Bill" going to a vote this week. However, it appears that in the final version, that tax was stripped out.The "Big, Beautiful Bill" heads to the finish lineOne of the biggest provisions of the bill, which narrowly passed the Senate today in a 50-50 vote, in terms of the ...
Modelo owner Constellation Brands misses on earnings as aluminum tariffs hit profitability
CNBC· 2025-07-01 20:30
Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February 3, 2025, following the announcement of tariffs by US President Donald Trump on important goods from Canada and Mexico.Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts' estimates as tariffs on aluminum weighed on its profitability.Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite ...
AT&T Claps Back At Trump: 'Not Our Network's Fault — It's Your Platform'
Benzinga· 2025-07-01 20:30
AT&T Inc T dealt with a public call-out from President Donald Trump and his press secretary due to a long wait time for the Faith Leaders Conference Call."AT&T is totally unable to make their equipment work properly," Trump said in a post on his Truth Social platform. "This is the second time it's happened. If the Boss of AT&T, whoever that may be, could get involved – it would be good."Trump went on to apologize to the people who were experiencing the long wait, saying there were thousands on the line."AT& ...
Genuine Parts Company to Report Second Quarter 2025 Results on July 22, 2025
Prnewswire· 2025-07-01 20:30
ATLANTA, July 1, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release second quarter financial results on July 22, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the ...
Penumbra, Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call for July 29, 2025
Prnewswire· 2025-07-01 20:30
ALAMEDA, Calif., July 1, 2025 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN) today announced that it will host a conference call to discuss financial results for the second quarter 2025 after market close on Tuesday, July 29, 2025 at 4:30 PM Eastern Time. A press release with second quarter 2025 financial results will be issued after market close that day.Webcast & Conference Call InformationThe conference call can be accessed live over the phone by dialing (888) 596-4144 (conference id: 6572573), or the webcas ...
Truist announces planned capital deployment and stress capital buffer requirement following release of 2025 CCAR results
Prnewswire· 2025-07-01 20:30
CHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that the Board of Governors of the Federal Reserve System has notified Truist that the preliminary stress capital buffer requirement that applies to the company is 2.5 percent, for the period beginning Oct. 1, 2025, to Sept. 30, 2026. Once finalized, the new stress capital buffer requirement plus the minimum Basel III Common Equity Tier 1 (CET1) capital ratio of 4.5 percent, results in a minimum CET1 ratio ...
Duke Energy Carolinas proposes new rates to support ongoing efforts to build a stronger energy future for South Carolina customers
Prnewswire· 2025-07-01 20:30
Recent investments have strengthened the grid and reduced outages for customers The electric utility serves nearly 680,000 customers in the Upstate region and along the I-77 corridor south of CharlotteGREENVILLE, S.C., July 1, 2025 /PRNewswire/ -- Duke Energy Carolinas today asked South Carolina regulators to perform a public review of the company's current rates. The company last requested a review of base rates for customers in early 2024. Since then, the company has made investments in the things our ne ...
Cadence Bank Announces Second Quarter 2025 Earnings and Webcast Schedule
Prnewswire· 2025-07-01 20:30
HOUSTON and TUPELO, Miss., July 1, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its second quarter 2025 earnings on Wednesday, July 23, 2025, after the close of the financial markets. It will also hold its earnings webcast on Thursday, July 24, 2025, at 10 a.m. CT.The webcast will be live coverage of management's conference call with analysts and can be found by visiting: https://ir.cadencebank.com/events. This will be an interactive session between management and analysts; others may listen ...
Patrick Industries, Inc. to Participate in Upcoming CJS Conference
Prnewswire· 2025-07-01 20:30
ELKHART, Ind., July 1, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in the upcoming CJS Securities 25th Annual "New Ideas" Summer Conference to be held in White Plains, NY on July 10, 2025.Patrick's management team will give a presentation and participate in one-on-one meetings with institutional investors and analysts.Please contact CJS for attendance informa ...
Hillenbrand Completes Divestiture of Minority Stake in TerraSource Holdings
Prnewswire· 2025-07-01 20:30
BATESVILLE, Ind., July 1, 2025 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that, in conjunction with its majority-stake joint venture partner, it has completed the divestiture of its minority stake interest in TerraSource Holdings (TerraSource) to Astec Industries, in a transaction with a total purchase price of approximately $245 million.Hillenbrand received approximately $115 million from the transaction which is being used to pay down debt.About HillenbrandHillenbrand (NYSE: HI) is a glo ...