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The energy sector has emerged as 2025's early market leader, surging nearly 10% year-to-date amid a powerful confluence of catalysts. A renewed focus on domestic energy production under the new administration, combined with soaring power demands from artificial intelligence infrastructure, has created a particularly favorable environment for energy stocks.
Markets tumbled this week as a number of factors came into focus, pointing toward rates that would remain higher for longer. A hot jobs report sent stocks plummeting as the economy added 256,000 jobs vs 155,000 expected, dampening the prospects of multiple rate cuts in 2025.
Does Talen Energy Corporation (TLN) have what it takes to be a top stock pick for momentum investors? Let's find out.
TLN, SHAK and EQNR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 15, 2025.
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (NASDAQ: TLN) announced today that its wholly owned subsidiary, Talen Energy Supply, LLC (“Talen” or the “Company”), received the requisite consents in its previously announced solicitation of consents (the “Consents”) from holders of its 8.625% Senior Secured Notes due 2030 (the “Notes”) with respect to the adoption of certain proposed amendments (the “Proposed Amendments”) to the Indenture, dated as of May 12, 2023 (as amended, supplemented or otherwise modified prior to the date hereof, the “Indenture”), among Talen, the guarantors party thereto and Wilmington Savings Fund Society, FSB, as trustee.
Talen Energy Corp. is a mission-driven company focused on sustainable solutions, showing remarkable financial turnaround and strong growth, making it a 'Strong Buy.' TLN's Q3 2024 highlights include a shift from a $77M net loss in Q3 2023 to a $168M net income. TLN's strategic initiatives, including asset sales and refinancing, enhance liquidity and shareholder returns, with a $1B share repurchase program signaling strong confidence.
U.S. asset management firm Vanguard Group increased its stake in independent power producer Talen Energy Corp to 10.4%, according to a filing on Wednesday.
HOUSTON, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (NASDAQ: TLN) announced today that its wholly owned subsidiary, Talen Energy Supply, LLC (“Talen” or the “Company”), is soliciting consents (the “Consents”) from each registered holder of its 8.625% Senior Secured Notes due 2030 (the “Notes”) with respect to the adoption of certain proposed amendments (the “Proposed Amendments”) to the Indenture, dated as of May 12, 2023 (as amended, supplemented or otherwise modified prior to the date hereof, the “Indenture”), among Talen, the guarantors party thereto and Wilmington Savings Fund Society, FSB, as trustee (the “Consent Solicitation”).
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Meta Platforms leads five stocks flashing entries as they rebound above key moving averages within consolidations. The post Meta Stock, Energy Plays Lead Five Leaders Rebounding Bullishly appeared first on Investor's Business Daily.