Eversource Energy reported an increase in fourth-quarter profit, attributed to a stronger gas business and fewer one-time charges compared to the previous year. This positive trend may improve investor confidence, suggesting potential for continued stability in earnings.
Bank of America upgrades Eversource Energy to Buy, raising price forecast to $85. Positive regulatory changes in Connecticut are enhancing Eversource’s growth outlook. Earnings estimates for 2026-2028 have been increased, indicating stronger future performance. Near-term catalysts include the proposed Aquarion sale decision and Yankee Gas final order. Eversource is approaching a cleaner balance sheet with improved funding flexibility.
A potential U.S. government shutdown threatens economic data releases. U.S. stock futures edged lower by 0.2% amid mixed global market performance. Gold futures hit a record high, up 0.7% amidst market uncertainty. President Trump faces a deadline for a federal spending bill to avoid shutdown. Treasury yields declined as near-term uncertainty affects market sentiment.
Spain will review BBVA’s bid for Sabadell based on general-interest grounds. The review cites potential sector impacts and social policy concerns. The cabinet has 30 days to provide an opinion on the merger. Government opposition raises uncertainties around BBVA's takeover strategy. The deal's value fluctuates due to its dependence on stock prices.