Weyerhaeuser (WY) Receives a Buy from RBC Capital
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, McKellar is a 3-star analyst with an average return of 3.5% and a 44.19% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Clearwater Paper, Mercer International, and Rayonier Advanced Materials.
In addition to RBC Capital, Weyerhaeuser also received a Buy from Bank of America Securities's George Staphos in a report issued on July 14. However, on July 15, Truist Financial maintained a Hold rating on Weyerhaeuser (NYSE: WY).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
27 minutes ago
- Business Wire
ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced ChoiceOne Bank, a bank holding company headquartered in Sparta, Mich., with 56 branches across the state of Michigan and more than $4.3 billion in assets, has transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from Osaic Institutions, Inc. The bank's investment program now operates under the name ChoiceOne Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC. The program includes 10 financial advisors and two support staff members who help clients manage approximately $780 million in assets across the state of Michigan. 1 'This new partnership with the Ameriprise Financial Institutions Group aligns with our ongoing efforts to deliver high-quality financial services while maintaining our commitment to local banking excellence,' said Rob Jamula, Senior Vice President, ChoiceOne Wealth Management. 'We look forward to leveraging the deep industry expertise and resources of Ameriprise to offer our clients expanded investment opportunities and an even more seamless wealth management experience.' Through Ameriprise Financial, ChoiceOne clients will have access to a full range of leading services and solutions including: Personalized advice and financial planning capabilities tailored to their individual needs. Robust investment products to help them achieve their financial goals with more confidence. Digital capabilities that allow clients to connect with their advisors where and how they want – face-to-face, online, video or phone meetings. 'We're excited to welcome ChoiceOne Bank to Ameriprise Financial and support their continued effort to deliver outstanding investment and advisory services to clients,' said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group. 'ChoiceOne has a strong legacy of serving communities with excellence across the state of Michigan, and we're proud to partner with them to deliver an exceptional wealth management experience backed by industry-leading capabilities.' About ChoiceOne ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan, with assets over $4 billion, and the parent corporation of ChoiceOne Bank. Member FDIC. ChoiceOne Bank operates 56 offices in West, Central, and Southeast Michigan. ChoiceOne Bank offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services, Inc. common stock is quoted on the Nasdaq Capital Market under the symbol 'COFS.' For more information, please visit Investor Relations at ChoiceOne's website About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors 2, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. About Ameriprise Financial Institutions Group (AFIG) With more than 30 years 3 serving the investment program needs of banks and credit unions, Ameriprise Financial Institutions Group brings a depth of understanding, experience, and knowledge to the financial institutions space – helping deliver value for clients/members while driving revenue for the financial institutions. To find out why financial institutions are partnering with Ameriprise Financial, visit Ameriprise Financial Services has a partnership with this financial institution to provide financial planning services and solutions to clients. The financial institution is not an investment client of Ameriprise but has a revenue sharing relationship with us that creates a conflict of interest. 1 ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management – bringing the combined AUM of the program to $780M. 2 Ameriprise Financial Q4 2024 Earnings Release. 3 Investment Professionals, Inc (IPI) was founded in 1992 and specialized in the on-site delivery of investment programs for financial institutions. Ameriprise Financial, Inc. acquired IPI in 2017, bringing together the years of experience of the two organizations. 1 ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management – bringing the combined AUM of the program to $780M. Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value. Ameriprise Financial Services partners with financial institutions to provide investment advisory, brokerage and insurance services to their clients. This is a contractual relationship, which earns the financial institution compensation from Ameriprise for successful referrals. In most cases, the financial institution also receives a majority of the commissions and fees generated by Ameriprise financial advisors for the services noted above. This applies as long as the referred client maintains a relationship with Ameriprise. Non-licensed employees of the financial institutions may receive incentives from their employer for referring clients to Ameriprise. These incentives create a conflict of interest. Ameriprise Financial cannot guarantee future financial results. ChoiceOne Wealth Management is a financial advisory practice of Ameriprise Financial Services, LLC. Ameriprise Financial and ChoiceOne Bank are not affiliated. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. © 2025 Ameriprise Financial, Inc. All rights reserved.
Business Wire
27 minutes ago
- Business Wire
NRG Closes on Texas Energy Fund Loan for 456 MW Natural Gas Generation Project
HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) executed a loan agreement with the Public Utility Commission of Texas (PUCT) and received initial funding for two new natural gas units at the company's existing TH Wharton power plant as a part of the Texas Energy Fund (TEF) Loan Program. The combined 456 MW nameplate capacity units are expected to start bringing reliable power to the constrained Houston load zone in Summer 2026. 'Demand for electricity across Texas is surging, and we're working quickly to supply new dispatchable natural gas generation to the grid,' said Robert J. Gaudette, Executive Vice President, President of NRG Business and Wholesale Operations. 'Our new units at TH Wharton will add lasting benefits to the surrounding community with the addition of jobs, enhanced grid stability and economic growth. We want to thank Governor Greg Abbott, the Texas Legislature and the PUCT for being great partners in helping power Texas forward.' As the state faces significant demand growth from rapid industrial expansion, AI-powered data centers, and residential development, the TH Wharton project will deliver much-needed, reliable power that Texans can depend on for decades to come. NRG is committed to serving the needs of Texans today and in the future. In addition to the TH Wharton project, NRG has two additional projects at its Cedar Bayou and Greens Bayou sites that are progressing through the TEF due diligence process. In total, NRG's TEF projects are estimated to bring over 1.5 GW of new natural gas generation to Texas by 2028, providing enough capacity to power over 1.5 million homes during the course of a year. About NRG NRG Energy, Inc. is leading the future of energy—now. Our solutions power a smarter, brighter future by helping customers achieve today's goals while solving for the challenges of tomorrow. Every day, we deliver innovative natural gas, electricity, and smart home solutions to customers large and small across North America. Visit for more information, and connect with us on Facebook, Instagram, LinkedIn, and X. Safe Harbor This communication contains forward-looking statements that may state NRG's or its management's intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as 'will,' 'expect,' 'estimate,' 'anticipate,' 'forecast,' 'plan,' 'believe' and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally.
Yahoo
an hour ago
- Yahoo
MIAX-parent Miami International targets $1.7 billion valuation in rare exchange IPO
(Reuters) -Miami International Holdings, the parent of bourse operator MIAX, said on Monday it was targeting a valuation of up to $1.67 billion in its New York initial public offering, setting the stage for a rare flotation of a U.S. financial exchange. The Princeton, New Jersey-based company, backed by private equity firm Warburg Pincus, is seeking to raise up to $315 million by offering 15 million shares priced between $19 and $21 apiece. The listing comes at a time when frequent bouts of market volatility, triggered by geopolitical tensions and tariff turmoil, have boosted trading volumes and profits for exchanges in recent quarters. Exchange IPOs are rare. Less than half of U.S. bourse operators are public. Cboe Global Markets was the last to get listed in 2010 after a $339 million IPO. Miami International, which competes with CME Group, Cboe, Nasdaq and New York Stock Exchange owner Intercontinental Exchange, has eyed a stock market listing for some time. It confidentially filed paperwork in 2022. In the first half of 2025, Miami International's revenue jumped 21.4% to $654.9 million, while adjusted earnings nearly quadrupled to $67.8 million. RAPID RISE MIAX was founded in 2007 after a wave of consolidation amongst equity and options exchanges. It is led by Thomas Gallagher, one of its principal founders. The firm operates nine exchanges across asset classes, including options, equities and futures. Since launching its first options exchange in 2012, MIAX has steadily grabbed market share from its peers, making it the fourth-largest U.S. options exchange, according to the Options Clearing Corporation. In June, MIAX acquired the International Stock Exchange, a European listing venue, to bolster its global footprint. It also owns the Bermuda Stock Exchange. Miami International secured $100 million investment from Warburg Pincus last year and another $40 million in June. Asset manager Wellington Management has also indicated interest in buying up to $40 million of shares. J.P. Morgan, Morgan Stanley and Piper Sandler are the lead joint bookrunning managers. Miami International will list on the NYSE under the symbol "MIAX".
