DTE Energy, Michigan's largest utility, is rated Strong Buy with a $165 12-month price target due to its robust $36.5 billion five-year capital expenditure plan supported by contracts with Google and Oracle. This plan underpins expected long-term EPS growth of 6–8% at a 9.9% authorized return on equity, while the stock trades at a 7% forward P/E discount compared to peers. The company benefits from superior growth prospects and regulatory outcomes, disciplined capital allocation, and strong dividend coverage. Key risks include regulatory decisions by the Michigan Public Service Commission, coal plant retirements, weather impacts, and potential equity dilution from a planned $500 million to $600 million issuance.
Sanofi has decided to stop the clinical development of amlitélimab, an antibody for moderate to severe atopic dermatitis, after strategic review showed insufficient efficacy and safety benefits. Despite some positive long-term results from the phase ...
Cadillac Mines Corporation has priced and upsized its initial public offering to $385 million, selling 47.1 million common shares at $6.90 each and 6.3 million special flow-through shares at $9.52 each. The offering includes a treasury sale raising a...
Cadillac Mines Corporation announced the pricing and upsizing of its initial public offering (IPO) to approximately CA$385 million, selling 47.1 million common shares at CA$6.90 each and 6.3 million special accretive shares at CA$9.52 each. The incre...
XRP's price has fallen 69% from its January 2026 high of $3.65 to $1.13 as of July 23, yet large holders have added 600 million tokens worth about $678 million in five weeks. The market awaits the CLARITY Act legislation, which could impact XRP's fut...
BitMEX faces a class action lawsuit accusing it of fraudulently engineering forced liquidations and keeping Bitcoin collateral from traders, with plaintiffs claiming losses of over 622 BTC. The suit alleges BitMEX’s internal trading desk had unfair a...
