Utilities Select Sector SPDR Fund News
NRG Energy Jumps; Goldman Upgrade Reflects Rebound From Storm
NRG expects to grow its retail-customer presence and margins in the second half, Goldman Sachs said, upgrading the power provider.
Utilities ETF's Price Drop Creates Opportunity for a Generous Dividend Yield
The utilities ETF is down nearly 25% over the past five days. This creates a bargain opportunity to buy XLU for its dividend yield of 4.3%.
Flight-to-Safety ETFs for Bonds, Utilities and Gold Have Upside Limits
The ETF for treasury bonds is outperforming ETFs for utility stocks and gold. Avoid the ETF for junk bonds.
Treasury Bond and Utility ETFs Near Risky Levels - Here Are Trades
Book profits on TLT and XLU on strength to February risky levels: $149.28 for TLT and $69.83 XLU. Avoid market volatility with savings accounts at FDIC-insured banks.
Buy Treasury Bonds, Utilities or These Two Dogs of the Dow to Earn Dividends
An investment strategy during volatile times is to focus on dividends. TLT offers a dividend of 2.21%. XLU has a dividend of 2.99%. IBM and XOM have dividends of 5.08% and 4.94%, respectively.
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.