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Pinnacle


Notícias

US utilities poised to ride data center demand wave in second half

UPDATE 1-US utilities poised to ride data center demand wave in second half Adds graphic to story published on Monday with no changes to text, headline By Seher Dareen and Vallari Srivastava Aug 12 (Reuters) - U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year.
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US utilities signal booming demand from data centers as AI takes root

FACTBOX-US utilities signal booming demand from data centers as AI takes root Aug 12 (Reuters) - U.S. utilities are finally inking concrete supply deals with data-center operators hungry for more power amid a boom in artificial intelligence, paving the way for higher sales and profit in the coming quarters. Data centers are expected to account for 8% of the power generated in the U.S.
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US utilities poised to ride data center demand wave in second half

US utilities poised to ride data center demand wave in second half By Seher Dareen and Vallari Srivastava Aug 12 (Reuters) - U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year.
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Pinnacle West Capital Corp reports results for the quarter ended in June - Earnings Summary

Pinnacle West Capital Corp reports results for the quarter ended in June - Earnings Summary Pinnacle West Capital Corp PNW.N reported quarterly adjusted earnings of $1.76​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 94 cents. The mean expectation of ten analysts for the quarter was for earnings of $1.25 per share.
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Pinnacle West quarterly profit soars as record high temperature drives demand

Pinnacle West quarterly profit soars as record high temperature drives demand Aug 1 (Reuters) - Pinnacle West Capital PNW.N almost doubled its second-quarter profit, as the utility company benefited from higher demand due to record June heat and new customer rates for its services. Weather directly affects how much energy Pinnacle West's customers use to cool their homes and businesses, with summer temperatures pushing people to crank up their air conditioning.
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Pinnacle West Q2 EPS USD 1.76 Vs. IBES Estimate USD 1.25

BRIEF-Pinnacle West Q2 EPS USD 1.76 Vs. IBES Estimate USD 1.25 Aug 01 (Reuters) - Pinnacle West Q2 operating income USD 313.747 million. Q2 net income USD 208.111 million Q2 pretax profit USD 240.532 million Q2 operating revenue USD 1,308.994 million
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Pinnacle West Capital Corp <PNW.N> expected to post earnings of $1.25 a share - Earnings Preview

Pinnacle West Capital Corp expected to post earnings of $1.25 a share - Earnings Preview Pinnacle West Capital Corp PNW.N , PNW is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Phoenix Arizona-based company is expected to report a 7.7% increase in revenue to $1.208 billion from $1.12 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
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South Korean battery maker LGES pauses some part of U.S. battery plant construction

South Korean battery maker LGES pauses some part of U.S. battery plant construction SEOUL, June 28 (Reuters) - LG Energy Solution (LGES) 373220.KS has paused part of construction of its multi-billion dollar battery factory in the U.S. state of Arizona due to changing environment of battery market, the company said on Friday. The South Korean battery maker, which supplies automakers including Tesla TSLA.O , General Motors GM.N , Hyundai Motor 005380.KS among others, said it has suspended the cons
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Pinnacle West Appoints Three New Members To Its Board Of Directors

BRIEF-Pinnacle West Appoints Three New Members To Its Board Of Directors Pinnacle West Capital Corp PNW.N : PINNACLE WEST APPOINTS THREE NEW MEMBERS TO ITS BOARD OF DIRECTORS PINNACLE WEST CAPITAL - APPOINTMENTS, EFFECTIVE JULY 1, INCREASE NUMBER OF PINNACLE WEST DIRECTORS FROM 9 TO 12, OF WHICH 11 ARE INDEPENDENT MEMBERS Source text for Eikon: ID:
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Pinnacle West Prices Upsized Offering Of $475 Mln Of 4.75% Convertible Senior Notes Due 2027

BRIEF-Pinnacle West Prices Upsized Offering Of $475 Mln Of 4.75% Convertible Senior Notes Due 2027 June 4 (Reuters) - Pinnacle West Capital Corp PNW.N : PINNACLE WEST UPSIZES AND PRICES OFFERING OF $475 MILLION OF 4.75% CONVERTIBLE SENIOR NOTES DUE 2027 Source text for Eikon: ID:nBw61xTSna Further company coverage: PNW.N
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U.S. STOCKS Arrowhead, Novavax, Precigen

BUZZ-U.S. STOCKS ON THE MOVE-Arrowhead, Novavax, Precigen Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 inched up on Monday as falling U.S. Treasury yields boosted megacap growth stocks, while investors assessed data that showed local manufacturing activity had eased for the second consecutive month in May.
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U.S. STOCKS MarineMax, JetBlue Airways, Boston Beer

BUZZ-U.S. STOCKS ON THE MOVE-MarineMax, JetBlue Airways, Boston Beer Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Nasdaq and S&P 500 futures started the month on a positive note on Monday as falling U.S. Treasury yields boosted megacap growth stocks ahead of a data-packed week.
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Pinnacle West drops on convertible debt deal plans

BUZZ-Pinnacle West drops on convertible debt deal plans ** Pinnacle West's PNW.N shares down 3.7% at $76 premarket as utility firm looks to raise capital ** Co says offering privately $450 mln convertible bonds due 2027 ** It says plans to use net offering proceeds for general corp purposes, including debt repayment/refinancing, working capital and investments in operating subsidiary, Arizona Public Service Company ** Pinnacle has ~$9 bln market cap, per LSEG data ** Through Fri, PNW up 9.8% YTD
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Pinnacle West Announces Proposed Offering Of $450 Mln Of Convertible Senior Notes Due 2027

BRIEF-Pinnacle West Announces Proposed Offering Of $450 Mln Of Convertible Senior Notes Due 2027 June 3 (Reuters) - Pinnacle West Capital Corp PNW.N : PINNACLE WEST ANNOUNCES PROPOSED OFFERING OF $450 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2027 Source text for Eikon: ID:nBw2CKmGfa Further company coverage: PNW.N
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