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Kenon Secures Major Investment for Solar Project
Kenon's OPC Expands Stakes in U.S. Power Plants
The last time electric power stocks in the United States were so crazy was also during the technology frenzy.
Similar to today, in the 1990s, the expected returns of independent electrical utilities stocks were much higher than regulated utility company stocks. At that time, independent electrical utilities were constructing power plants on a large scale, resulting in eventual overcapacity. However, now it seems that electrical demand will inevitably increase, so they should not face similar issues.
Prominent Wall Street short sellers: Investors should focus on defensive stocks earnings and wait for clearer employment data.
Morgan Stanley maintains a neutral stance on defensive stocks related to cyclical sectors in the economy, waiting for 'clearer' employment data. The bank believes employment data is a key driving factor for the year-end stock market.
Kenon Authorized An Increase In Its Share Repurchase Plan By $10M To Up To $60M (Including Shares Already Purchased Under The Plan), And Kenon Has Entered Into A Mandate For Repurchases Under The Plan Of Up To $30M Through March 31, 2025
Kenon Holdings Showcases Strong Q2 2024 Performance