Georgia PSC approves plan to lower overall rates, deliver annual savings of $50 per year for Georgia Power residential customers – Company Announcement - FT.com
The Georgia Public Service Commission (PSC) has approved a plan to lower overall rates for Georgia Power customers, resulting in annual savings of approximately $50 for typical residential customers. This decision follows a stipulated agreement between Georgia Power and the PSC's Public Interest Advocacy Staff, stemming from cases related to fuel cost recovery and storm cost recovery after Hurricane Helene in 2024. The rate decrease is effective next month and is expected to deliver total annual savings of $285 million for all Georgia Power customers.
Ameriprise Duo With $550M Rejoins Wells Fargo in Texas
A team of two Ameriprise Financial brokers, Thomas A. Hughes and William A. Steele, managing $550 million in assets, have returned to Wells Fargo Advisors in Southlake, Texas. They previously worked at Wells Fargo for 12 years before moving to Ameriprise in 2017, generating almost $1.8 million in annual revenue. This move highlights Wells Fargo's recent success in recruiting veteran advisors, as the firm has reported its third consecutive quarter of hiring advisors with significant production.
Arch Capital (ACGL) Down 1.4% Since Last Earnings Report: Can It Rebound?
Arch Capital Group (ACGL) shares have decreased by 1.4% since its last earnings report, underperforming the S&P 500. Despite beating Q1 2026 operating income estimates, the company experienced a decline in premium volumes and weakness in its mortgage segment. The article details ACGL’s Q1 segmental results, financial updates, and discusses its Zacks Rank of #3 (Hold) for the coming months.
Union Pacific slides as U.S. rail regulator pauses UP–Norfolk Southern merger review pending more information
Union Pacific's stock dropped by 4.2% after the U.S. Surface Transportation Board (STB) paused the review of its proposed merger with Norfolk Southern. The STB requested additional information due to unclear or underdeveloped portions of the revised application, putting the environmental review on hold and likely extending the timeline for approval. This regulatory friction is seen by investors as an added hurdle, contributing to the stock's decline.
Why Is Incyte (INCY) Down 1.8% Since Last Earnings Report?
Incyte (INCY) shares have fallen 1.8% since its last earnings report, underperforming the S&P 500. The company reported strong Q1 2026 adjusted earnings of $1.81 per share and total revenues of $1.27 billion, both beating estimates, driven by robust sales of Jakafi and Opzelura. Despite some products missing consensus, new approvals and the reiteration of 2026 guidance indicate a positive outlook, with estimates trending upward.
Broadridge and Kyndryl extend agreement
Kyndryl and Broadridge Financial Solutions have extended their long-standing partnership to enhance Broadridge's core platforms with leading-edge resiliency and AI capabilities. The agreement focuses on modernizing Broadridge's data centers, network architecture, and mainframe environment, incorporating Kyndryl's AI-powered integration platform and quantum-safe technologies. This collaboration aims to boost performance, security, and future readiness for Broadridge's global financial services clients.
News | Texas billionaire to acquire Caesars Entertainment in $17.6 billion deal
Fertitta Entertainment, owned by Texas billionaire Tilman Fertitta, is set to acquire Caesars Entertainment for a total deal value of $17.6 billion, comprising $5.7 billion in cash and $11.9 billion in assumed debt. Caesars' board has approved the deal, offering shareholders $31 per share, after which the company's stock will delist from NASDAQ. Top executives at Caesars Entertainment are expected to stay on, and this acquisition follows other significant transactions in the casino hotel space.
Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina
The Duke Energy Foundation has awarded $500,000 in grants to 20 nonprofit and local government partners across North Carolina to boost hurricane preparedness ahead of the 2026 season. These funds will support emergency readiness, improve coordination during severe weather, and facilitate faster recovery for communities statewide. Since 2016, the Foundation has contributed over $8.9 million to emergency preparedness and storm response in the state.
Two Sides of the "Gift of Life" From DaVita Teammates
The article highlights two DaVita teammates, Chris Harris and Angela Laino, who have experienced the "gift of life" from different perspectives within the organ donation process. Harris, a kidney transplant recipient, now works for DaVita's Kidney Smart® program, inspired by his own care team. Laino, a social worker, became a non-directed living donor, initiating a transplant chain and deepening her understanding of the life-changing impact of organ donation. Their personal experiences enable them to connect with patients on a profound level, fostering trust and empathy, and DaVita is committed to supporting the kidney care community, sponsoring the 2026 Transplant Games of America.
Honeywell Rose 6% This Week. Here’s How Much the Stock Could Rise in 2026
Honeywell International Inc. stock gained 6% this week, trading near $230 per share, as investors reacted positively to the company's 2026 breakup plan, updated analyst targets, and institutional interest. The planned spin-off of the Aerospace business by June 29 is a significant value-unlocking catalyst, with upcoming analyst days expected to provide more detail on both the Aerospace and remaining automation businesses. TIKR's valuation model suggests Honeywell could be worth around $280 per share, implying a 20% upside, based on revenue growth, margin expansion, and higher valuations for the separated entities.







