Market News

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Source: Seeking Alpha News Agency
3 weeks ago
General Medium Importance
IDACORP: Still Knocking On The Buy Zone's Door Now

IDACORP: Still Knocking On The Buy Zone's Door Now

Since June, IDACORP, Inc. has trailed the S&P 500 index. The regulated utility's mix of large contract customer ramp-ups, customer growth, and a multi-gigawatt pipeline should power robust diluted EPS growth. IDACORP's interest coverage ratio is respectable for a regulated utility.

Source: Seeking Alpha
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Source: Seeking Alpha News Agency
3 weeks ago
General Medium Importance
Fairfax Financial: Getting Paid To Hold Float At 7.8x Earnings

Fairfax Financial: Getting Paid To Hold Float At 7.8x Earnings

Fairfax Financial earns a Buy rating, trading at 7.8x trailing earnings and near adjusted book value. FRFHF's insurance operations remain profitable, with a 93.1% combined ratio and $459M Q2 underwriting profit despite softening premium growth. The $77.3B investment portfolio yields ~5% from high-quality, short-duration fixed income, driving rising interest income.

Source: Seeking Alpha
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Source: Seeking Alpha News Agency
3 weeks ago
General Medium Importance
Uniti Group: The Fiber Buildout Is Creating A New Earnings Engine

Uniti Group: The Fiber Buildout Is Creating A New Earnings Engine

Uniti Group Inc. is positioned to benefit from accelerating fiber demand, integrating Kinetic broadband and Fiber Infrastructure for multiple recurring revenue streams. Kinetic delivered record net fiber additions and penetration, while Fiber Infrastructure achieved record bookings, signaling growing demand and monetization potential. I assign UNIT a speculative 'Buy' rating, targeting $13–$16 per share if execution on penetration, EBITDA growth, and capital efficiency continue.

Source: Seeking Alpha
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Source: Seeking Alpha News Agency
3 weeks ago
General Medium Importance
Universal Technical Institute: What Really Failed This Summer

Universal Technical Institute: What Really Failed This Summer

Universal Technical Institute is rated Buy, trading at 1.17x 2027E sales, with market overreacting to operational, not demand, issues. Recent revenue guidance cut is primarily due to high school channel staffing failures, not underlying demand weakness, as evidenced by strong inquiry growth. New campus openings in San Antonio and Atlanta are exceeding expectations, supporting continued enrollment and revenue growth into 2027.

Source: Seeking Alpha
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Source: CNBC News Agency
3 weeks ago
General Medium Importance
Yen jumps to one-month high as traders weigh chance of further intervention

Yen jumps to one-month high as traders weigh chance of further intervention

The Japanese yen jumped more than 1% against the greenback on Thursday, briefly reaching 156.34 per dollar, its strongest level in a month. The move revived speculation about possible currency intervention after Japan spent a record 15.4 trillion yen between July 30 and Aug. 26 and the U.S. participated in a coordinated yen-buying effort.

Source: CNBC
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