Latest news with #NLR
Miami Herald
02-07-2025
- Business
- Miami Herald
The National Law Review Expands Scope of Legal Notices
Leading Online Legal Publication Expands Public Notice Section HIGHLAND PARK, IL / ACCESS Newswire / July 2, 2025 / The National Law Review® (NLR) is pleased to announce the launch of its National Public Notice ServiceTM (NPNS). Building on the decade of experience its DailyDACTM affiliate has in providing public notice of distressed asset sales, NLR's new National Public Notice Service is now accepting public notices in all legal and regulatory contexts requiring a party to publish a public notice. "Customer demand is what drove the move," according to NLR CEO Gary Chodes, "many law firms DailyDACworks with asked it to step in to fill the void left by the continuing closure of traditional print newspapers, and DailyDAC asked NLR to step in." Examples of public notices NLR's National Public Notice Service offers to publish include: Abandonment of propertyClass actionsDistressed asset sales (including assignments for the benefit of creditors, bankruptcies, receiverships, and sales under Article 9 of the UCC)ElectionsFormation and dissolution of legal entitiesLand use and zoning mattersName changesProbate mattersPublic bidding for government contractsPublic hearingsService by publication when a party to a lawsuit cannot be located for personal serviceTax lien sales Media Contact:Billy Thieme, Communications Director(708) 357-3317publicnotices@ About NLRThe National Law Review® is an online legal news and information source with a monthly reach of more than 3 million visitors and newsletter subscribers. It is the online descendant of a business law publication founded in 1888. SOURCE: The National Law Review
CNBC
14-06-2025
- Business
- CNBC
Power play: Two money managers bet big on uranium, predict long shelf life for gains
The uranium trade's shelf life may last years. According to Sprott Asset Management CEO John Ciampaglia, a "real shift" upward is underway due to increasing global energy demand — particularly as major tech companies look to power artificial intelligence data centers. "We've been talking about uranium and nuclear energy non-stop for four years at Sprott, and we've been incredibly bullish on the segment," he told CNBC's "ETF Edge" this week. Ciampaglia's firm runs the Sprott Physical Uranium Trust (SRUUF), which Morningstar ranks as the world's largest physical uranium fund. It's up 22% over the past two months. The firm is also behind the Sprott Uranium Miners ETF (URNM), which is up almost 38% over the past two months. The Sprott website lists Cameco and NAC Kazatomprom JSC as the top two holdings in the fund as of June 12. "It's [uranium] a reliable form of energy. It has zero greenhouse gases. It has a very good long-term track record," Ciampaglia said. "It provides a lot of electricity on a large scale, and that's right now what the grid is calling for." Ciampaglia finds attitudes are changing toward nuclear energy because it offers energy security with a low carbon footprint. Uranium is "incredibly energy-dense" compared to most fossil fuels, he said, which makes it a promising option to ensure energy security. He cited the 2022 energy crisis in Europe after Russia cut its oil supply to the region and April's grid failure in Spain and Portugal as cases for more secure energy sources. "We think this trend is long term and secular and durable," Ciampaglia said. "With the exception of Germany, I think every country around the world has flipped back to nuclear power, which is a very powerful signal." VanEck CEO Jan van Eck is also heavily involved in the uranium space. "You need reliable power," he said. "These data centers can't go down for a fraction of a second. They need to be running all the time." His firm is behind the VanEck Uranium and Nuclear ETF (NLR), which is up about 42% over the past two months. According to VanEck's website as of June 12, its top three holdings are Oklo, Nuscale Power and Constellation Energy. But he contends there's a potential downside to the uranium trade: Building new nuclear power plants can take years. "What's going to happen in the meantime?" Van Eck said. "Investors are not patient, as we know." Van Eck also thinks it's possible the Trump administration's positive attitude toward nuclear power could fast track development. He highlighted nuclear technology company Oklo during the interview. Its shares soared on Wednesday after the company announced it was anticipating a deal with the Air Force to supply nuclear power to a base in Alaska. The agreement came not long after President Donald Trump in May signed a series of executive orders to rework the Nuclear Regulatory Commission, expedite new reactor construction and expand the domestic uranium industry. "Trump controls federal land, so that's not a NIMBY [not in my backyard] kind of potential risk," said Van Eck. "They're going to leverage that hard to start to show the safety of these newer, smaller technologies."
Yahoo
27-05-2025
- Business
- Yahoo
Nuclear stocks extend rally as Trump aims to quadruple US nuclear capacity by 2050
Nuclear stocks extended their rally on Tuesday on the heels of President Trump's executive orders, which aim to quadruple US nuclear power production over the next 25 years. Sam Altman-backed Oklo (OKLO) gained more than 8%, to extend year-to-date gains to more than 145%. Centrus Energy (LEU) rose more than 11% to hover at all-time highs. NuScale Power (SMR) rose 2% while Vistra (VSTR) and Constellation Energy (CEG), the largest nuclear plant operator in the US, rose more than 3%. Producers linked to uranium, a necessary element to fuel nuclear power, also surged. Uranium Energy (UEC) and Energy Fuels (UUUU) were both up more than 1%. The executive orders, signed at the Oval Office by President Trump on Friday with nuclear energy executives in attendance, aim to expand American nuclear energy capacity from approximately 100 gigawatts in 2024 to 400 GW by 2050. "The problem with the industry has historically been regulatory delay," Constellation Energy CEO Joe Dominguez, who was in attendance at the executive order signing, said on Friday. "Delay and regulations and permitting will absolutely kill you because if you can't get the plant on, you can't get revenue, and the interest costs are horrible." The executive orders clear regulatory and permitting roadblocks and accelerate nuclear technologies such as small modular reactors (SMRs) that can be manufactured, shipped, and installed on site. The executive orders come as Big Tech has been increasing investments in nuclear technologies in order to power its data centers and AI initiatives. Earlier this month, Google (GOOG, GOOGL) announced a collaboration with advanced nuclear project developer Elementl Power, in yet another sign of Big Tech's insatiable appetite for electricity. This follows a tie-up in September between Microsoft (MSFT) and energy giant Constellation Energy (CEG), as well as Amazon's (AMZN) purchase of a data center campus from energy provider Talen Energy (TLN) last year. Oracle's (ORCL) Larry Ellison in September announced that the company intends to build a data center powered by SMRs. "AI and quantum computing and data centers now are on the rise and they understand that without nuclear its going to be a really hard issue to get to this base load [or constant amount of] energy production," Jay Jiang Yu, founder of microreactor company NANO Nuclear Energy (NNE), told Yahoo Finance on Friday. The VanEck Uranium and Nuclear ETF (NLR) was trading at a 52-week high on Tuesday, up 20% year to date. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Arnold Van Den Berg's Strategic Moves: Carter's Inc. Exits with a -2.13% Impact
Arnold Van Den Berg (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Since founding Century Management in 1974, Arnold Van Den Berg (Trades, Portfolio) has handily beaten all of the indices. Mr. Van Den Berg is a value investor, and considers himself a student of Benjamin Graham. Arnold applies value investment strategies as his investment philosophy. His investment research seeks to determine the appraised value of a company, often referred to as intrinsic value. Investments are then made at a significant discount, normally 40% to 65% below the company's current intrinsic value. This is his margin of safety. Arnold usually holds 35-40 companies when fully invested, and invests primarily in U.S. headquartered companies. Warning! GuruFocus has detected 4 Warning Sign with PHYS. Arnold Van Den Berg (Trades, Portfolio) added a total of 4 stocks, among them: The most significant addition was Schwab U.S. Large-Cap ETF (SCHX), with 22 shares, accounting for a total value of $490 million. The second largest addition to the portfolio was VanEck Uranium Nuclear Energy ETF (NLR), consisting of 216 shares, representing approximately a total value of $15,830. The third largest addition was Vanguard Mid-Cap Value ETF (VOE), with 1 share, accounting for a total value of $160. Arnold Van Den Berg (Trades, Portfolio) also increased stakes in a total of 35 stocks, among them: The most notable increase was Dell Technologies Inc (NYSE:DELL), with an additional 37,263 shares, bringing the total to 72,068 shares. This adjustment represents a significant 107.06% increase in share count, a 1.04% impact on the current portfolio, with a total value of $6,569,000. The second largest increase was Stanley Black & Decker Inc (NYSE:SWK), with an additional 38,253 shares, bringing the total to 74,033. This adjustment represents a significant 106.91% increase in share count, with a total value of $5,691,690. Arnold Van Den Berg (Trades, Portfolio) completely exited 11 holdings in the first quarter of 2025, as detailed below: Carter's Inc (NYSE:CRI): Arnold Van Den Berg (Trades, Portfolio) sold all 136,340 shares, resulting in a -2.13% impact on the portfolio. Global X Uranium ETF (URA): Arnold Van Den Berg (Trades, Portfolio) liquidated all 7,206 shares, causing a -0.06% impact on the portfolio. Arnold Van Den Berg (Trades, Portfolio) also reduced positions in 51 stocks. The most significant changes include: Reduced Berkshire Hathaway Inc (NYSE:BRK.B) by 14,948 shares, resulting in a -33.86% decrease in shares and a -1.95% impact on the portfolio. The stock traded at an average price of $486.15 during the quarter and has returned 5.64% over the past 3 months and 11.78% year-to-date. Reduced Brookfield Asset Management Ltd (NYSE:BAM) by 80,668 shares, resulting in a -73.38% reduction in shares and a -1.26% impact on the portfolio. The stock traded at an average price of $54.51 during the quarter and has returned -0.83% over the past 3 months and 9.49% year-to-date. At the first quarter of 2025, Arnold Van Den Berg (Trades, Portfolio)'s portfolio included 102 stocks, with top holdings including 6.43% in Sprott Physical Gold Trust (PHYS), 5.92% in Exxon Mobil Corp (NYSE:XOM), 4.76% in Berkshire Hathaway Inc (NYSE:BRK.B), 4.01% in Diamondback Energy Inc (NASDAQ:FANG), and 3.84% in EQT Corp (NYSE:EQT). The holdings are mainly concentrated in 9 of the 11 industries: Energy, Financial Services, Technology, Communication Services, Healthcare, Industrials, Basic Materials, Consumer Cyclical, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
