NSW Government approves Hunter-Central Coast REZ project
Yahoo Finance· 2025-09-15 11:23
Core Insights - The Renewable Energy Zone (REZ) project in New South Wales (NSW) has received planning approval to enhance grid infrastructure and support renewable energy generation [1][4] - The project aims to provide 1GW of transfer capacity through improvements to distribution lines and the establishment of two new substations [1] - The REZ is expected to create approximately 590 direct jobs during construction, focusing on local employment [2] Infrastructure Development - The REZ will involve upgrading existing distribution poles and wires to minimize community and environmental impact [5] - The project is part of a broader strategy to phase out coal-fired power stations and ensure a reliable electricity supply [2][3] - Ausgrid has been selected as the preferred network operator and will address community feedback regarding various project aspects [5][6] Renewable Energy Goals - Currently, around 36% of electricity in NSW is generated from renewable sources, with the REZ expected to contribute significantly to achieving over two-thirds of the state's 2030 renewable energy generation goal [3] - The project aligns with NSW's long-duration storage target, aiming for approximately 40% by 2030 [3] - The REZ initiative is crucial for the state's energy strategy as it transitions away from coal dependency [3][4]
Top 2 Risk Off Stocks That May Plunge This Month
Benzinga· 2025-09-15 11:22
As of Sept. 15, 2025, two stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, accordin ...
AAM Announces Proposed Private Offering of Senior Secured Notes and Senior Unsecured Notes
Prnewswire· 2025-09-15 11:22
Group 1 - American Axle & Manufacturing Holdings, Inc. announced the intention to offer $843 million of senior secured notes due 2032 and $600 million of senior unsecured notes due 2033 [1] - The offering is subject to market and other conditions [1] - The notes are being issued by the company's wholly-owned subsidiary, American Axle & Manufacturing, Inc. [1]
12 Best Marijuana Stocks to Buy According to Analysts
Insider Monkey· 2025-09-15 11:21
In this article, we will discuss: 12 Best Marijuana Stocks to Buy According to Analysts.Marijuana stocks, frequently known as cannabis stocks, are publicly traded firms that operate in the legal cannabis market. This can include any company participating in the supply chain, from plant cultivation and processing to distribution and sale of cannabis and related goods.The US administration is looking into reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act, a move that ...
Is iShares International Equity Factor ETF (INTF) a Strong ETF Right Now?
ZACKS· 2025-09-15 11:21
Core Insights - The iShares International Equity Factor ETF (INTF) is a smart beta ETF launched on April 28, 2015, providing broad exposure to the Foreign Large Blend ETF category [1] Group 1: Smart Beta ETFs - Smart beta ETFs track non-cap weighted strategies, appealing to investors seeking to outperform the market by selecting stocks based on specific fundamental characteristics [3] - Traditional ETFs are based on market cap weighted indexes, which replicate market returns in a low-cost and transparent manner [2] Group 2: Fund Details - Managed by Blackrock, INTF has assets exceeding $2.41 billion, positioning it as an average-sized ETF in its category [5] - The fund aims to match the performance of the MSCI World ex USA Diversified Multi-Factor Index [5] - INTF has an annual operating expense of 0.16%, making it one of the cheaper options in the market [6] - The fund offers a 12-month trailing dividend yield of 2.75% [6] Group 3: Holdings and Performance - Novartis Ag (NOVN) is the largest holding at approximately 1.85%, followed by Asml Holding Nv (ASML) and Sap (SAP) [7] - The top 10 holdings constitute about 10.59% of INTF's total assets [8] - The ETF has gained approximately 27.02% year-to-date and 20.65% over the past year, with a trading range of $27.60 to $36.07 in the last 52 weeks [9] - INTF has a beta of 0.80 and a standard deviation of 15.75% over the trailing three-year period, indicating medium risk [10] Group 4: Alternatives - Other ETFs in the Foreign Large Blend segment include Vanguard Total International Stock ETF (VXUS) and Vanguard FTSE Developed Markets ETF (VEA), with VXUS having $105.43 billion in assets and VEA $175.94 billion [12] - VXUS has an expense ratio of 0.05% and VEA charges 0.03% [12]
Huntsman Exploration Announces the Formation of Technical Advisory Committee and the Appointment of Tony M. Ricci, CPA, CA, to the Committee
Newsfile· 2025-09-15 11:20
Core Viewpoint - Huntsman Exploration Inc. has established a Technical Advisory Committee to enhance its strategic and financial guidance, particularly for its gold-focused projects [1][3]. Group 1: Committee Formation and Appointments - The newly formed Technical Advisory Committee aims to provide strategic and financial expertise to advance the company's portfolio [1]. - Tony M. Ricci, CPA, CA, has been appointed as a member of the Committee, bringing over 30 years of experience in public companies and a strong background in the mining sector [2][3]. - Mr. Ricci's previous roles include significant positions at Great Bear Resources Ltd., Norsemont Mining Inc., and other companies with a combined market capitalization exceeding $5 billion [2]. Group 2: Strategic Importance of Appointments - The CEO of Huntsman Exploration, Carl Ginn, emphasized that Mr. Ricci's appointment is crucial for strengthening the company's strategic vision and exploration efforts [3]. - Mr. Ricci is expected to provide critical guidance in assessing the economic viability of the company's gold-focused assets [3]. - Additionally, Mr. Jean-Félix Lepage, P.Eng., has been elected to the Committee, bringing experience from O3 Mining, which merged with Agnico Eagle in a transaction valued at approximately $180 million [4]. Group 3: Company Overview - Huntsman Exploration Inc. is a Canadian exploration company focused on advancing gold and critical mineral projects in premier mining jurisdictions [5]. - The company is committed to sustainable exploration and aims to create shareholder value through responsible development of its mineral assets [4][5].
7 Most Undervalued Solar Stocks to Buy Now
Insider Monkey· 2025-09-15 11:19
Group 1: AI Investment Opportunity - Artificial intelligence is identified as the greatest investment opportunity of our lifetime, with a strong emphasis on the urgency to invest now [1] - Wall Street is investing hundreds of billions into AI, but there is a critical question regarding the energy supply needed to support this technology [2] - AI data centers consume massive amounts of energy, comparable to the energy usage of small cities, leading to concerns about power grid strain and rising electricity prices [2] Group 2: Company Overview - A specific company is highlighted as a potential investment opportunity, owning critical energy infrastructure assets that are essential for supporting the anticipated energy demands from AI [3][6] - This company is positioned at the center of America's next-generation power strategy, with capabilities in executing large-scale engineering, procurement, and construction projects across various energy sectors [7] - The company is debt-free and has a significant cash reserve, amounting to nearly one-third of its market capitalization, which provides financial stability [8] Group 3: Market Position and Valuation - The company is noted for its undervaluation, trading at less than 7 times earnings, which is attractive given its involvement in both AI and energy sectors [10] - It also holds a substantial equity stake in another AI-related company, offering investors indirect exposure to multiple growth engines without a premium [9] - Wall Street is beginning to take notice of this company as it benefits from various market trends, including the onshoring boom and increased U.S. LNG exports [6][14] Group 4: Future Outlook - The future of AI is closely tied to energy infrastructure, and the company is well-positioned to capitalize on this trend as demand for electricity surges [3][12] - The influx of talent into the AI sector is expected to drive rapid advancements, making investments in AI a strategic move for future growth [12] - The overall sentiment is that investing in this company represents a chance to be part of a significant technological revolution, with potential for substantial returns [15]
BIS warns of mounting disconnect between debt and stock markets
Yahoo Finance· 2025-09-15 11:18
Group 1 - The Bank for International Settlements (BIS) has indicated that record global share prices are increasingly disconnected from rising concerns about government debt levels in bond markets [1][2] - Moody's has downgraded the United States to a non-triple A status, and Fitch has cut France's rating to its lowest ever level due to concerns about government finances [2] - The head of BIS' Monetary and Economic Department, Hyun Song Shin, warned about the elevated valuations of risky assets, which leave them vulnerable to market stress [2][3] Group 2 - Government bond issuance is being absorbed by highly-leveraged investors like hedge funds, which could lead to market eruptions before debt levels exceed sustainability definitions [3] - Despite some non-U.S. investors selling U.S. bonds and stocks in April, most of these flows reversed in May and June, indicating a gradual shift away from U.S. assets [4] - The BIS noted that the significant holdings of U.S. assets by global investors and the slow pace of strategic asset allocation suggest any major portfolio shifts will be gradual [4] Group 3 - A new global survey by the BIS on public inflation expectations shows that the post-COVID spike in prices has raised household inflation expectations, particularly in countries with the largest increases [5][6] - The BIS expressed concerns about the lasting effects of temporary inflation surges, noting that households generally do not blame central banks for inflation issues [6] - There is a cooling of the real economy, particularly in the U.S. labor market, as indicated by Shin [6]
Market Digest: ADBE, BYND
Yahoo Finance· 2025-09-15 11:16
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Analyst Report: Adobe Inc
Yahoo Finance· 2025-09-15 11:16
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