Clean Energy Fuels rallies on new renewable natural gas supply deals
Aug. 29, 2022 7:20 AM ET
Clean Energy Fuels Corp. (CLNE)
Clean Energy Fuels (NASDAQ:
CLNE)+7.7% pre-market on Monday after announcing
new supply deals for renewable natural gas.
Among several deals unveiled by the company, California Transportation Dynamics signed a fueling agreement with Clean Energy (
CLNE) for ~1.2M gallons of RNG for the length of the contract and is migrating 40 diesel trucks to units powered by RNG.
Airline bookings demand shows signs of cracking...
Park Hotels & Resorts upgraded to Overweight from Equal Weight at Wells Fargo 05:10 PK Wells Fargo analyst Dori…
Disney parks make record sales, profits despite limited attendance, WSJ says 07:32 DIS
Disney wins deal to air global cricket events in India, WSJ reports 06:56 DIS Disney h
RBC starts Vivid Seats at Sector Perform, sees position balanced by valuation 06:31 SEAT RBC Capital analyst Brad Erickson initiated coverage of Vivid Seats with a Sector Perform rating and $10.50 price target. The analyst is positive on the company's position as the leading player in North American online secondary ticketing market featuring "solid growth and attractive profitability", also noting that its sports and concert exposure along with its SPAC sponsor's network are favorable for potential share gains. Erickson adds however that Vivid Seats shares trade at 14-times on enterprise value to expected FY23 EBITDA, and he sees risk/reward as balanced given modest potential upside.
Inflation: Higher income Americans are pulling back on spending
You might expect high-income households to fare relatively well during challenging economic periods. But they too are changing the way they spend as
inflationeats away at purchasing power.
Consider this anecdote about Walmart evolving customer mix (via
CNBC):
According to
The Bank of America Institute, spending among households earning more than $125,000 has declined over the last three consecutive months.
View Smart Windows selected for Phase Two of The Interlock 07:10 VIEW View announced its Smart Windows have been selected for phase two of The Interlock, a $750M mixed-use property being developed by SJC Ventures in the emerging West Midtown neighborhood of Atlanta, Georgia. The project is SJC Ventures' second with View Smart Windows, following the successful installation at phase one of The Interlock, a walkable nearby nine-acre mixed-use project, which outperformed the market and received the Distinguished Achievement Award from real estate trade publication Commercial Property Executive in 2019. At phase two of The Interlock, View Smart Windows will enclose all offices, creating a healthier and more sustainable environment for occupants. The windows, which use artificial intelligence to automatically adjust in response to the sun, will maximize natural light and views of downtown West Midtown while ensuring thermal comfort and energy efficiency. Show Related Items >>