... [+]What did NextEra do right? As a disclaimer, I will note that NextEra has long been the #1 ranked stock pick in our Growth Portfolio at. As a result, I have written in great detail about the company. The following is a brief excerpt from an analysis I carried out that explains why NextEra has thrived.
The company has used the stable cash flows from its regulated Florida power utility to help finance its investments in renewables . In the process, NextEra became the largest producer of wind and solar power in the world. NextEra’s dividend is considered as safe as an investment-grade bond. Yet, it is growing its renewable energy business at a rate that rivals a tech stock.
Source: News Formal (newsformal.com)
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Mega-Chain Cineworld Closing Regal Movie Theaters Following 'No Time to Die' DelayFollowing the delay of more Hollywood tentpoles — including James Bond film 'No Time to Die' — mega-movie theater chain Cineworld is planning to close all of its locations in the U.K. and the U.S. as early as this week This is so sad for cineworld and I hope they will reopen again next year. 😢I’m just saying that movies on demand have become a bigger thing now since then, you know? I’m hoping for the movies that were on VOD come out on DVD and Blu-Ray as usual 🥰🥰 Could say that this is the bullet from the golden gun which has caused the cinemas to live and let die...
Source: THR - 🏆 411. / 53 Read more »
Regal Cinemas Suspending Operations at All U.S. LocationsThe second-largest cinema chain in the U.S. is closing all of its locations nationwide after reopening in August, escalating the pandemic-driven crisis facing the entertainment industry. Let Hollywood and their soapbox glasshouse stone throwing evil leaders and suddenly blameless employees go to hell. You the truth covering, evil narcisstic, anti-American 'journalists' can go right down with them.
Source: WSJ - 🏆 98. / 63 Read more »
Macquarie, Siemens units create U.S. distributed energy joint ventureUnits of Macquarie Group and Siemens AG are forming a venture named Calibrant Energy, that will invest in the emerging energy-as-a-service (EaaS) sector in the United States, according to a joint statement on Monday.
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Regal Cinemas coronavirus closing, history in photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus live updates: Second-largest theater chain to shutter all U.S., U.K. locations; tracking Trump's treatmentAll 536 Regal theaters in the U.S. and 127 Cineworld and Picturehouse theaters in the U.K. will close in the coming days. What's does the future hold for the movie industry as cases continue to spike in parts of the U.S.? Hollywood has never been less relevant. The truth- They are closing over Covid-19 liability concerns, pretty much consensus in the scientific community that it's airborne Who cares about movie theaters, they should not get taxpayer money
Source: CNBC - 🏆 12. / 72 Read more »
China's SMIC says has undertaken 'preliminary exchanges' with Washington regarding export restrictions: filingChinese chipmaker Semiconductor Manufacturing International Corporation has undertaken 'preliminary exchanges' with the U.S. Bureau of Industry and Security regarding export restrictions, the company said on Sunday in a filing. Bad move. SMIC is a direct competitor of TSMC and we should support Taiwan and not China if there is a choice.
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