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'Shock' Therapy For Economic Growth?
Friday, January 13, 2017 - 11:11am | 290Read More...President-elect Donald Trump's calls for spending up to $1 trillion to improve America's infrastructure has been met with some skepticism. However, BlackRock, Inc.'s (NYSE: BLK) Chairman and CEO Larry Fink is a firm believe that infrastructure spend is vital towards growing the U.S...
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Freeport-McMoRan, Martin Marietta And Steel's Strength In The Trump Rally
Wednesday, January 11, 2017 - 3:53pm | 278Read More...The Trump rally has benefited certain sectors more than others. One of the strongest sectors that benefited is materials and metals stocks. CNBC's Dominic Chu explained that it's widely believed materials and metals stocks will benefit from President-elect Donald Trump's...
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A New Infrastructure ETF For The New Year
Tuesday, January 3, 2017 - 12:19pm | 441Read More...With President-elect Donald Trump looking to spend $1 trillion on shoring up U.S. bridges, railways, roads and more, infrastructure stocks and the related exchange-traded funds are expected to be beneficiaries of Trump being the 45th U.S. president. Legg Mason Inc (NYSE: LM), which has been growing...
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US Concrete's Stock Gains After CEO's CNBC Appearance
Monday, December 19, 2016 - 1:12pm | 261Read More...US Concrete Inc (NASDAQ: USCR), a producer of ready-mixed concretes, has seen its stock gain around 25 percent since the start of 2016 but has also seen a strong run-up following the U.S. presidential election. President-elect Donald Trump pledged to spend upwards of $1 trillion in various...
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U.S. Steel Just Keeps Ripping
Wednesday, December 7, 2016 - 5:04pm | 326Read More...United States Steel Corporation (NYSE: X) is building on its post-election gains, even as it perches on a two-year high. The most recent catalyst being a tweet by CNBC's Brian Sullivan that CEO Mario Longhi revealed plans to rehire up to 10,000 workers previously let gone due to slowing...
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On Black Friday, Traders Loved Amazon, Bank Of America And...DryShips
Tuesday, December 6, 2016 - 7:37am | 498Read More...In a year that has flown in the face of all expectations, the top five traded stocks on Black Friday broke from tradition. Historically, Black Friday trading focuses on retail stocks expected to increase revenues because of the holiday season. This year, however, TD Ameritrade clients spent...
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U.S. Steel Shares Looking Overbought After A 60% Rise Since The Election
Tuesday, November 29, 2016 - 11:49am | 303Read More...Argus has downgraded United States Steel Corporation (NYSE: X) to Hold from Buy following the stock’s 60 percent rally since the election. Trump, Steel And Infrastructure Spending U.S. Steel should benefit from the Trump administration’s plans to boost infrastructure spending and limit...
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Why Trump's $1 Trillion 10-Year Infrastructure Plan Will Only Provide $200 Billion In Stimulus
Wednesday, November 23, 2016 - 3:22pm | 410Read More...One of the central parts of President-elect Donald Trump’s economic plan is his call for $1 trillion in infrastructure spending over the next 10 years. Investors have taken that massive infrastructure spending plan as spectacular news for infrastructure stocks, which have surged in 2016....
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Why Goldman Sachs Is Buying Emerging Software Giants
Tuesday, December 15, 2015 - 2:34pm | 431Read More...Goldman Sachs has initiated coverage on several emerging software names. The firm believes that coming cash flow inflection will serve as a catalyst for leading stocks in the space. Goldman also anticipates that attractive valuations will lead to a pickup in M&A activity as well. This week,...
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RBC Says Stick With Infrastructure Stocks Until The Fed Raises Rates
Wednesday, November 25, 2015 - 3:51pm | 643Read More...Shelby Tucker of RBC Capital Markets commented in a note that the "most impactful" catalyst to the markets over the next three to six months will come from the Federal Reserve. Tucker added that investors are "still waiting" for power markets to recover and YieldCos to "settle down." The analyst...
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UPDATE: Brean Capital Initiates Coverage On Stantec
Wednesday, December 17, 2014 - 9:41am | 215Read More...Michael Gaugler of Brean Capital initiated coverage of Stantec Inc. (USA) (NYSE: STN) on Wednesday with a Buy rating and $34 price target. The analyst also placed a C$39 on shares listed on the Toronto Stock Exchange. "Stantec is primarily a design firm comprised of three Business...
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Texas Eyes Renewable Energy Zone
Monday, July 11, 2011 - 5:51pm | 247Read More...A joint venture between American Electric Power Company (NYSE: AEP) and MidAmerican Energy has recently begun construction on a major renewable zone with in Texas. The partnership, called Electric Transmission Texas, plans to invest $1.4 billion in the Competitive Renewable Energy Zone (CREZ)...
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Time For Steel
Tuesday, July 5, 2011 - 2:34pm | 297Read More...Higher iron ore prices haven't been very kind to global steel producers as of late. Higher production costs have caused several major steel producers to warn on earnings for the second quarter. The latest was Steel Dynamics (NASDAQ: STLD), which said its second-quarter earnings per share would be...
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ACE11 Highlights Issues Facing North America's Water Industry
Monday, June 20, 2011 - 4:05pm | 273Read More...Under the radar of most investors, The American Water Works Association (AWWA) held its Annual Conference & Exposition (ACE11) last week in Washington, D.C. Featuring over 500 exhibitors, the conference helped highlight many of the water issues facing North America as well as the emerging world...
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$250 Billion on Infrastructure (IDX, PXR)
Monday, May 16, 2011 - 3:57pm | 227Read More...According to Morgan Stanley, Indonesia will spend about $250 billion on infrastructure investments over the next five years. That's a huge amount. The resulting public and private spending on infrastructure will be equivalent to 5.9% of the nation's gross domestic product in 2015. The country aims...
