Altria Stock Gets a Downgrade. Why Gas Prices Are Partly to Blame.

Altria Inventory Will get a Downgrade. Why Fuel Costs Are Partly to Blame.

Textual content dimension Analyst Pamela Kaufman lowered her value goal to $50 from $54. Illustration by Joel Arbaje Altria Group inventory fell Wednesday after Morgan Stanley warned of accelerating headwinds to the cigarette trade. Analyst Pamela Kaufman downgraded her score of the cigarette firm to Underweight from Equal Weight and lowered her value goal to […]

Plug Power Falls on Wider Loss as Margins Remain Under Pressure

Plug Energy Falls on Wider Loss as Margins Stay Underneath Stress

Textual content dimension Plug Energy reported a first-quarter lack of 27 cents per share. Analysts anticipated a lack of 16 cents. Courtesy Plug Energy Shares of Plug Energy fell Tuesday after the fuel-cell firm reported a wider-than-expected first-loss and income that missed Wall Avenue forecasts. Plug Energy (ticker: PLUG) fell 1.1% to $16.45. The inventory […]

Biden says latest Strategic Petroleum Reserve release could cut gas prices...

Biden says newest Strategic Petroleum Reserve launch might lower gasoline costs…

President Joe Biden introduced Thursday the each day launch of 1 million barrels of oil from the nation’s reserves for the following six months as a method to convey down gasoline costs which were breaking information just lately. That is “a bridge by the disaster” to counter “Putin’s worth hike on the pump,” the White […]