April 30 Shares of Florida utility NextEra Energy Inc could return 20 percent over the next year, including a 2.9 percent dividend, Barron's wrote over the weekend.
The business and investing publication said NextEra had a balanced portfolio of stable and growing businesses, a strong balance sheet and better potential than many peers to increase revenue, earnings and dividends.
Texas regulators recently nixed NextEra's proposed $18 billion purchase of Energy Future Holdings Corp. However, Barron's said NextEra would be well-positioned even if it cannot get the ruling reversed.
NextEra shares closed at $133.56 on Friday. (Reporting by Dan Freed in New York; Editing by Lisa Von Ahn)
BRIEF-EXCO Resources units are parties to purchase, sale agreement with Vog Palo Verde
* EXCO Resources Inc- co's units are parties to a purchase and sale agreement with Vog Palo Verde LP, dated as of April 7, 2017
Norway's $960 billion wealth fund should be split from central bank -reform proposal
OSLO, June 23 Norway's $960-billion wealth fund, the world's largest, should be split from the country's central bank, which has managed the fund since its launch in 1996, a government-appointed commission said on Friday.