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Moody’s Lowers the Credit Rating of Otter Tail Corporation (OTTR) ’s Utility Subsidiary, Otter Tail Power Company
Yahoo Finance· 2025-09-27 15:40
Otter Tail Corporation (NASDAQ:OTTR) is one of the 13 Best Diversified Stocks to Buy According to Hedge Funds. Moody’s Lowers the Credit Rating of Otter Tail Corporation (OTTR) ’s Utility Subsidiary, Otter Tail Power Company On August 29, 2025, Moody’s lowered the credit rating of Otter Tail Corporation (NASDAQ:OTTR)’s utility subsidiary, Otter Tail Power Company. The credit rating firm cited the company’s higher spending on projects and increased borrowing. Yet the outlook remains stable. This follows t ...
Jefferies Resumes Coverage of Brookfield Infrastructure Partners (BIP) Stock
Yahoo Finance· 2025-09-19 04:57
Brookfield Infrastructure Partners L.P. (NYSE:BIP) is one of the Best Electric Utility Stocks to Buy According to Analysts. On August 28, Jefferies resumed coverage of the company’s stock with a “Buy” rating and a price objective of $35, as reported by The Fly. The research firm highlighted Brookfield Infrastructure Partners L.P. (NYSE:BIP)’s unique position with its global footprint throughout Transport, Utilities, Midstream, and Data sectors. Furthermore, the firm believes that while the company’s YTD ac ...
5 Sector ETFs Set to Power Q2 Earnings Growth
ZACKS· 2025-07-10 16:00
Core Insights - The second-quarter 2025 earnings season is expected to show resilience and an improving outlook for the banking sector and overall market [1] - Total S&P 500 earnings are projected to increase by 4.9% year-over-year, driven by a 3.9% rise in revenues [2] - Nine out of sixteen Zacks sectors are anticipated to report earnings growth, with Consumer Discretionary leading at 105.6% [3] Sector Performance - Consumer Discretionary sector is expected to see the highest earnings growth at 105.6%, followed by Aerospace at 15.1%, Technology at 11.8%, Finance at 7.8%, and Utilities at 7.7% [3] - The "Magnificent 7" companies are projected to have an 11.3% increase in earnings with an 11.2% rise in revenues compared to the same period last year [3] ETF Highlights - Consumer Discretionary Select Sector SPDR Fund (XLY) has an AUM of $22.5 billion and an expense ratio of 0.08% [5] - iShares U.S. Aerospace & Defense ETF (ITA) holds $8.4 billion in AUM with an expense ratio of 0.40% [6] - Vanguard Information Technology ETF (VGT) manages $95 billion in assets and has an expense ratio of 0.09% [7] - Financial Select Sector SPDR Fund (XLF) has an AUM of $51.3 billion and charges 0.08% in annual fees [8] - Utilities Select Sector SPDR (XLU) has an AUM of $19.1 billion and an expense ratio of 0.08% [9]