BUI News and Press, BlackRock Utility Infrastructure & Power Opportunities Trust From 02/18/24

2024-02-18 22:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-02-10 05:12:02 ET Summary The rise in large-cap growth/NASDAQ 100 has continued into 2024, but there are potential headwinds on the horizon that could lead to a broader sell-off. The market's low volatility environment may not last, and investors should be cautious about ampl...

2023-12-23 23:56:58 ET Summary Utilities remain attractive as long-term investments, and the headwind of higher rates is quickly turning into a tailwind for the sector that could continue through 2024. BlackRock Utilities, Infrastructure & Power Opportunities Trust and abrdn G...

2023-12-14 13:15:15 ET Summary The market is anticipating rate cuts, which led to a rally in November as rates on risk-free Treasuries retreated. Closed-end funds present good investment opportunities trading at historically deep discounts. While the key theme this year had be...

2023-12-04 18:00:00 ET Summary We had rated DNP a Strong Sell, as the fund had a toxic combination of leverage and premium to NAV. DNP has dropped sharply and thesis has been validated. We compare this with another fund, BUI, and tell you why we prefer the latter. We also ...

2023-11-27 04:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

Comparable store sales increased 6% versus our guidance of 5% to 7% On a GAAP basis, net income was $49 million, and diluted EPS was $0.75 On a non-GAAP basis Adjusted EPS was $0.98 versus our guidance of $0.86 to $1.01 Excluding expenses associated with the ac...

2023-11-16 10:38:54 ET Summary The BlackRock Utility & Infrastructure Trust (BUI) is currently undervalued and sitting in correction territory. BUI's discount to NAV has expanded to over 8%, suggesting that investors have disproportionately sold off the fund. Despite a 12%...

BURLINGTON, N.J., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, will release its third quarter fiscal year 2023 results before the U.S. stock market opens on Tuesday, Nove...

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Health Sciences Term Trust (NYSE: BMEZ) and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) pay month...