Enterprise Products Partners (NYSE: EPD) is one of the more popular energy stocks. A big driver of its popularity is its big-time payout. The master limited partnership (MLP) currently offers a 7.2%-yielding distribution. Further, the company has increased its payment for 25 straight years. Investors who like Enterprise Products Partners (and understand the tax complexities […]
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While Nvidia‘s (NASDAQ: NVDA) AI-fueled rally may not be over, it becomes increasingly difficult to justify buying the stock as the GPU maker’s valuation soars. With a market capitalization of $2.2 trillion as of midday Wednesday, the stock requires investors to ignore the myriad threats that could unravel the company’s dominance of the AI chip […]
Mar. 1—Cleburne’s Johns Manville plant moved one step closer to investing $25 million in capital improvement projects over the next five years thanks to the Cleburne City Council. Council members on Tuesday approved an ordinance authorizing participation in the Texas Enterprise Zone Program and nominating Johns Manville as a Texas Enterprise project. “Johns Manville desires […]
Feb. 19—The Effingham County Board is set to vote on a request annex a subdivision located near Effingham Country Club, Prairie Ace Estates, into the Effingham/Effingham County Enterprise Zone during its meeting Tuesday, Feb. 20. In a 5-2 vote Thursday, the Effingham County Tax and Finance Committee recommended that the board approve the petition for […]
ENTERPRISE, Ala. (WDHN) — Tuesday night Enterprise City Council members approved three ordinances that would make a 300-acre property off Highway 84 and Moates Street into an industrial property. City residents were quick to voice their concerns. From traffic to safety hazards, many concerned citizens opposed the idea of bringing this type of wood industry […]
Jan. 19—As Effingham County’s housing shortage drags on, residential developers are requesting the annexation of local suburb into the Effingham/Effingham County Enterprise Zone, which offers incentives for the construction of new homes. The Effingham/Effingham County Enterprise Zone Board Wednesday voted to annex Prairie Ace Estates, an approximately 50.3 acre subdivision located near the Effingham Country […]
Ukraine’s military’s Main Intelligence Directorate (HUR) conducted a successful cyberattack on a Russian state-owned enterprise involved in construction work for Russia’s Defense Ministry, HUR confirmed on Telegram on Jan. 19. Read also: Ukrainian hackers steal construction plans for 500 Russian military sites — report Specialists from the Ukrainian hacking group “Blackjack” executed the operation, infiltrating […]
By Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm’s $14 billion bid to acquire Juniper Networks. HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used […]
Hewlett Packard Enterprise is buying Juniper Networks in an all-cash deal valued at about $14 billion, which is anticipated to double HPE’s networking business. Shares of both companies rose before the market open on Wednesday. A Wall Street Journal report about a potential deal saw Juniper’s stock surge 22% and HPE’s stock dip 9% before […]
(Reuters) -Hewlett Packard Enterprise will buy networking gear maker Juniper Networks for $14 billion, in an attempt to spruce up the company’s artificial intelligence offerings. HPE offered $40 per share to Juniper shareholders, the companies said on Tuesday. That represents a 32.4% premium to the stock’s close on Monday, when the news of the deal […]
(Reuters) – Hewlett Packard Enterprise is in advanced talks to buy network gear maker Juniper Networks for about $13 billion to bolster the nearly 100-year-old technology company’s artificial intelligence (AI) offerings, the Wall Street Journal reported on Monday. A deal between the two companies could be announced as soon as this week, according to the […]