- Barrons.com•3 hours ago
Utilities, real-estate investment trusts and consumer staple stocks are sporting nosebleed valuations, but David Abella, manager of the $240 million City National Rochdale Dividend & Income fund (RIMHX), doesn’t think those sectors are entirely picked over. Among the fund holdings highlighted by Abella, 50, are General Mills (GIS), $5 billion B&G Foods (BGS), real estate investment trusts Lamar Advertising (LAMR) and EPR Properties (EPR) and electric utility giant Duke Energy (DUK). While they aren’t cheap, Abella says they sport reasonable valuations relative to sector peers and pay a nice dividend.
- American City Business Journals•15 hours ago
Duke Energy Renewables now provides wind and solar operating and monitoring services for 1,000 megawatts worth of renewable projects owned by other companies. The rapid growth in services sold to third parties is in part attributable to the expanded control center it opened last year in the NASCAR Plaza Building in Charlotte at a cost of $3 million . Duke Renewables, a subsidiary of Duke Energy Corp. (DUK), also operates 2,500 megawatts worth of wind and solar projects it owns out of the center.
Duke Energy CorporationNYSE
After hours: 85.200.00 (0.00%) as of 4:38 PM EDT
|Bid||84.00 x 3700|
|Ask||85.80 x 200|
|52wk Range||65.50 - 87.31|
|Day's Range||84.64 - 85.43|
|Avg Vol (3m)||3,092,226|
As of 4:00 PM EDT. Market closed.