Gabelli Utility Trust (The) Stock News

More than $6B in proposed utility rate increases from Duke Energy (NYSE:DUK), Dominion Energy (NYSE:D) and others have been thrown into question now that regulators must decide whether to raise bills

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. EDD and MSD reduce distributions by -7.7%. Look for rotation oppo

North American power markets will see disruptions lasting 18 months or more due to the coronavirus and the economic impacts of a shuttered economy, Utility Dive reports, citing a new analysis from Woo

Utility shares (XLU -3.6%) were among the day's worst performers, as the traditionally stable area continues its recent spike in volatility.Among today's biggest decliners: AEP -5.6%, EXC -5.6%, ETR -

None out of the 23 CEF sectors positive on price and zero out of 23 sectors were positive on NAV this week. Liquidity crash hits CEFs. NHF cuts by -50%, but sti

Some of the biggest U.S. utilities (NYSEARCA:XLU) have arranged for more than $14B in cash and credit by selling bonds, entering into new credit facilities or drawing on existing lines to boost liquid

The S&P utilities sector (XLU +5.5%) is the leading performer in today's advance, extending this week's gain to 13% while trimming its Q1 loss to 17%.The relatively high dividend yield offered by

Zero out of 23 CEF sectors positive on price and zero out of 23 sectors positive on NAV this week. MLPs lead the downside. Several CEFs deleverage. Watch for ab

The Environmental Protection Agency is expected to waive compliance requirements and deadlines for a range of industries, including oil refiners, water utilities and sewage plants, as it seeks to help

The unusually weak performance in the utilities sector (XLU -6.9%) - sinking 17% over the past week - is drawing attention, considering the group generally is regarded as a defensive-oriented, counter

The U.S. electric industry may ask essential employees to live on site at power plants and control centers to keep operations running if the coronavirus outbreak worsens, Reuters reports, citing indus

On Thursday morning, 1178 companies hit new 52-week lows. Facts of Interest: The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...

The utilities sector (XLU +10.5%) is today's clear market leader, as stable higher-yielding companies begin to attract investors in a volatile market trying to rebound from heavy selling.Among notable

Utility companies across the U.S. are suspending service shutoffs for failure to pay bills during the ongoing coronavirus pandemic.Duke Energy (NYSE:DUK) says it is suspending disconnections for nonpa

12 out of 23 CEF sectors positive on price and 8 out of 23 sectors positive on NAV this week. Franklin Resources buys Legg Mason. HQH and GGZ boosts their distr