Shares of Itron are soaring to a two-year high following the company's impressive fourth-quarter performance and optimistic first-quarter guidance that exceeded analyst expectations. Stock Performance The stock surged by 25% to $93.32 in premarket trading, marking a significant increase after remaining relatively flat year-to-date up until last week's market … [Read more...] about Itron Stock Surges
Utilities
Enbridge to Acquire Three U.S. Utilities from Dominion Energy
Enbridge, the energy transportation company, has recently announced its agreement to purchase three major U.S. utilities from Dominion Energy for an impressive $14 billion. This strategic move will not only facilitate Enbridge's expansion but also establish it as the largest natural gas utility franchise in North America. Dominion Energy's decision to sell these utilities is a … [Read more...] about Enbridge to Acquire Three U.S. Utilities from Dominion Energy
