Core Insights - CMS Energy Corporation's strong focus on infrastructure modernization and renewable energy investments is likely to support its performance, complemented by the stability of its regulated utility operations in Michigan [1] Group 1: Company Strengths - CMS Energy benefits from stable and regulated utility operations in Michigan, with over 95% of its earnings derived from these low-risk, stable revenue streams [2][8] - The company plans to invest $20 billion in capital expenditures through 2029 to upgrade infrastructure and enhance clean power generation, thereby improving customer reliability and resiliency [3][8] - CMS aims to add 9 GW of solar and 4 GW of wind capacity to its generation portfolio over the next two decades, along with over 850 MW of battery storage by 2030 [4] Group 2: Challenges Faced by CMS - CMS incurs significant costs related to the construction, operation, and closure of solid waste disposal facilities for coal ash, with estimated capital expenditures of $240 million from 2025 through 2029 to comply with regulations [5][8] Group 3: Industry Trends - The shift to renewable energy is prompting electric utilities in the U.S. to evolve, with companies like CMS, Alliant Energy, PPL Corp., and Dominion Energy focusing on expanding their renewable portfolios [6] - Other utilities are also making substantial investments in renewable energy and infrastructure, with Alliant Energy planning $13.4 billion in capital expenditures from 2026 to 2029 [7][10]

招商银行、兴业银行、长江电力、中国移动，这些被砸老登股。最差的情况，就是拿着收息 罢了。时间够长，慢慢收息也能做到保本；万一全面牛市或者风格转换，还是有波补涨或者 反弹的吧；而且还能作为打新仓位。 以前的低位可转债不也是这个道理嘛：到期保本，下跌有底，上涨不封顶。 毛之川 不好意思，你说的那几个我都有。 风风雨雨 老登股没有下修、没有回售等利于投资者条款！ lgs11 招商估值可不低，只是以前一直享受偏高估值而已。 民生当初也是优秀学生，后来呢。 老李爱转债 其他几个不敢说，招商银行现在比转债合适。现在招商银行pb差不多0.89，过去10年中，招 商银行PB低于0.90的时间，最长只有20天。机会比风险大。 转债现在价格高，市场感觉没有风险了。这是又忘了前几年很多100元以下的债了。 不戒 现价的可转债和老登股，居然大多数人还认为可转债这好那好，老登股这差那差。 我可以负 责任地拍一下脑袋：楼上多数人是长期亏钱专业户，对可转债也是一知半解。 你看上他的股息，他看上你的本金。低处未见低，作为多年大秦股东的我的忠告。 deelor 很久以前吹上天的房地产，白酒，都暴雷了，甚至保险公司前几年因为深度介入房地产也暴 ...

TECHNICAL ASSISTANCE REPORT BURKINA FASO Climate Policy Diagnostic SEPTEMBER 2025 Prepared By Suphachol Suphachalasai, Alberto Garcia Huitron, Michal Pietrkiewicz, Sunalika Singh, and Sylke von Thadden-Kostopoulos Fiscal Affairs Department ©2026 International Monetary Fund The contents of this document constitute technical advice provided by the staff of the International Monetary Fund to the authorities of Burkina Faso (the "CD recipient") in response to their request for technical assistance. Unless the C ...

Core Viewpoint - Tokyo Electric Power Company Holdings (TEPCO) has introduced its Fifth Comprehensive Special Business Plan, focusing on the decommissioning of Fukushima Daiichi and committing to ¥3.1 trillion ($19–20 billion) in cumulative cost reductions over FY2025–FY2034, alongside asset sales and potential partnerships to strengthen its financial position [1][2]. Financial Strategy - The new plan represents a significant shift from the previous strategy, recognizing TEPCO's inability to finance both Fukushima decommissioning and growth investments simultaneously under current conditions, even with potential nuclear restarts [2]. - TEPCO aims to achieve ¥3.1 trillion in cumulative cost reductions through third-party benchmarking, project reprioritization, and stricter capital discipline over the next decade [5]. - The company plans to generate ¥200 billion from asset sales within three years, including real estate and non-core holdings [5]. - A return to positive free cash flow is targeted to restore autonomous funding capacity and reduce reliance on emergency financing [5]. Decommissioning Focus - TEPCO has characterized the next phase of Fukushima Daiichi decommissioning, particularly large-scale fuel debris retrieval, as technologically and economically uncertain, with estimated decommissioning-related costs reaching approximately ¥5.4 trillion [3]. - The governance structure has been adjusted to grant the decommissioning entity greater autonomy over resources and decision-making, while still under the oversight of Japan's Nuclear Damage Compensation and Decommissioning Facilitation Corporation (NDF) [4]. Strategic Alliances and Energy Transition - TEPCO emphasizes the necessity of forming alliances for capital, technology, and expertise, while ensuring governance structures that secure Fukushima funding and eventual repayment of public capital [4]. - The company positions itself as a key player in Japan's GX/DX transition and energy security agenda, particularly in East Japan, with priorities including grid expansion and faster connections to meet data center demand in the Tokyo metropolitan area [6]. - Plans include the expansion of renewables, grid-scale storage, and decarbonized power procurement, along with nuclear restarts at Kashiwazaki-Kariwa, contingent on local consent and regulatory confidence [6].

In this article, we will take a look at some of the most profitable stocks to invest in 2026.Dividend stocks have been part of portfolios for a long time, and they are getting renewed attention again. Bank of America expects dividend payouts to move higher in 2026.Savita Subramanian, the firm’s head of US equity and quant strategy, pointed to a familiar timing pattern. Dividend growth typically trails earnings growth by roughly three quarters. With the S&P 500 likely coming off a strong year for earnings in ...

Core Viewpoint - Edison International is recognized as a Dividend Contender, highlighting its consistent dividend growth and financial stability [1]. Group 1: Dividend Information - Edison International declared a quarterly common stock dividend of $0.8775 per share, payable on January 31, 2026, to shareholders of record on January 7, 2026, raising the annual dividend to $3.51 per share, which is a 6% increase from the previous annual rate of $3.31 [3]. - The increase in the dividend reflects the board's and management's confidence in the company's financial position and outlook, marking the company's 22nd consecutive year of dividend growth [4]. Group 2: Market Position and Analyst Outlook - Morgan Stanley raised its price target on Edison International to $61 from $57 while maintaining an Underweight rating, indicating a cautious outlook amidst a broader refresh of the utilities sector [2]. - Edison International is one of the largest electric utility holding companies in the U.S., focusing on delivering clean, reliable energy and related services through its operating subsidiaries [5].

Group 1: Company Overview - OGE Energy Corp. is a holding company primarily engaged in providing electricity in Oklahoma and western Arkansas, operating mainly through its electric utility business [5] Group 2: Analyst Ratings and Price Targets - RBC Capital analyst Stephen D'Ambrisi raised the price target on OGE Energy Corp. to $51 from $49 while maintaining a Sector Perform rating, ahead of the fourth-quarter earnings in the utilities sector [2] - BMO Capital initiated coverage of OGE Energy with a Market Perform rating and a $45 price target, citing a supportive fundamental backdrop and generation capacity needs as opportunities for capital investment [4] Group 3: Sector Trends - The utilities sector has experienced frequent changes in capital deployment plans over the past 18 months, with many utilities providing early or off-cycle previews of revised capital plans, prompting RBC to adjust its sector models [3]

Group 1 - American Electric Power Company, Inc. (AEP) is recognized in the Dividend Contenders List as one of the top 20 stocks [1] - Morgan Stanley has raised its price target for AEP to $125 from $120, maintaining an Overweight rating, while noting that utilities lagged behind the S&P's return in December [2] - AEP's unit is set to purchase a significant portion of its option for solid oxide fuel cells in a deal valued at approximately $2.65 billion, aligning with its plan to develop a fuel cell power generation facility [3][4] Group 2 - AEP has secured a long-term offtake agreement for 20 years with an unnamed customer, which will take the full output of the planned fuel cell facility near Cheyenne, Wyoming, contingent on certain conditions expected to be met by Q2 2026 [5] - AEP operates as an electric utility holding company, providing services to over five million retail customers across multiple states including Arkansas, Indiana, Kentucky, and others [6]

Core Insights - The article highlights the significant growth potential of companies like Brookfield Corporation, Prologis, and NextEra Energy in the AI infrastructure sector, which is often overlooked by investors [1][14]. Brookfield Corporation - Brookfield Corporation is a leading global investment firm with over $1 trillion in assets under management, positioned to capitalize on the AI infrastructure megatrend [2][3]. - The firm sees a $7 trillion opportunity in AI infrastructure over the next decade and has launched the Brookfield Artificial Intelligence Infrastructure Fund, aiming to acquire up to $100 billion in AI infrastructure assets [3]. - Brookfield is investing in renewable energy to support AI power demand, including a commitment to build 10.5 gigawatts (GW) of power for Microsoft [5][3]. Prologis - Prologis is a real estate investment trust (REIT) focused on logistics facilities and has experience in installing solar energy and battery storage systems [6]. - The company is expanding into data center development, having initiated $2 billion in projects since 2023, with an additional $1 billion in projects representing 300 megawatts (MW) of power capacity under development [8]. - Prologis has a data center power pipeline of 5.7 GW and estimates it can invest $30 billion to $50 billion in data center projects over the next decade, potentially creating $7.5 billion to $25 billion in shareholder value [9]. NextEra Energy - NextEra Energy is a leading electric utility and clean power development company, recognized for its renewable energy production and battery storage capabilities [10]. - The company has secured 2.5 GW of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment [12]. - NextEra Energy is also developing data centers in partnership with other companies, including a joint effort with Google for multiple GW-scale data center campuses [13].

Group 1: Institutional Investment Activity - Arkadios Wealth Advisors increased its position in Xcel Energy by 85.1% during Q3, owning 16,115 shares valued at $1,300,000 after acquiring an additional 7,409 shares [2] - ORG Partners LLC raised its position by 168.4% in Q3, now owning 314 shares worth $25,000 after acquiring 197 additional shares [3] - Clearstead Trust LLC grew its position by 202.2% in Q2, now holding 417 shares valued at $28,000 after purchasing 279 shares [3] - Salomon & Ludwin LLC increased its stake by 98.8% in Q3, owning 509 shares worth $41,000 after acquiring 253 shares [3] - Harel Insurance Investments & Financial Services Ltd. purchased a new stake valued at about $50,000 in Q3 [3] - Institutional investors collectively own 78.38% of Xcel Energy's stock [3] Group 2: Analyst Ratings and Price Targets - Royal Bank Of Canada reaffirmed an "outperform" rating with a target price of $95.00 [4] - Evercore ISI initiated coverage with an "outperform" rating and a target price of $92.00 [4] - Citigroup raised its price target from $80.00 to $92.00, maintaining a "buy" rating [4] - Mizuho set a price objective of $86.00 [4] - Weiss Ratings restated a "buy (b-)" rating [4] - The consensus rating for Xcel Energy is "Buy" with a target price of $87.53 [4] Group 3: Financial Performance - Xcel Energy reported Q3 earnings of $1.24 per share, missing the consensus estimate of $1.32 by $0.08 [6] - The company had revenue of $3.92 billion for the quarter, exceeding expectations of $3.89 billion, with a year-over-year revenue increase of 7.4% [6] - The return on equity was 10.45% and the net margin was 13.46% [6] Group 4: Stock and Dividend Information - Xcel Energy's stock opened at $75.01, with a market capitalization of $44.37 billion and a P/E ratio of 22.87 [5] - The company has a 52-week low of $65.21 and a high of $83.01 [5] - A quarterly dividend of $0.57 was declared, representing an annualized dividend of $2.28 and a yield of 3.0% [7] - The dividend payout ratio is currently 69.51% [7] Group 5: Company Overview - Xcel Energy is a Minneapolis-based utility holding company that operates regulated electricity and natural gas delivery systems [9] - The company engages in the generation, transmission, and distribution of electricity, as well as the delivery of natural gas [9] - Xcel Energy's generation portfolio includes nuclear, natural gas, coal, and a growing share of renewable resources such as wind and solar [10]