Latest news with #CNP
Hindustan Times
11 hours ago
- Politics
- Hindustan Times
US bombs Iran: 10 key developments after strikes on nuclear sites
Jun 22, 2025 07:02 AM IST President Donald Trump has announced that the United States has launched strikes against three Iranian nuclear sites. The decision to involve the US directly came after more than a week of strikes by Israel on Iran. US bombs Iran: 10 key developments after strikes on nuclear sites (Photographer: Ron Sachs/CNP/Bloomberg)(Bloomberg) In a Truth Social post, Trump wrote, 'We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter.' Following the strikes, Trump has announced that he would address the nation Saturday, June 20, at 10 pm ET. The president wrote on Truth Social, 'I will be giving an Address to the Nation at 10:00 P.M., at the White House, regarding our very successful military operation in Iran. This is an HISTORIC MOMENT FOR THE UNITED STATES OF AMERICA, ISRAEL, AND THE WORLD. IRAN MUST NOW AGREE TO END THIS WAR. THANK YOU!' In a Truth Social post after the strikes, Trump announced that 'Fordow is gone.' Iranian state media has confirmed that the Islamic Republic's Isfahan, Natanz and Fordo nuclear sites have been attacked by 'enemy strikes.' The IRIB state broadcaster claimed that the sites, as well as their enriched uranium stockpiles, were previously evacuated. CBS News reported, citing unnamed sources, that after the bombings, the US sent a message to Iran, insisting that they were limited to the Islamic Republic's nuclear program and that Washington is not looking for regime change. This is being viewed as an apparent attempt at de-escalation. The IDF's Home Front Command went on to update civilian guidelines after the US strike on Iran, saying that effective immediately, all schools across the country are closed and all gatherings are banned. Only essential businesses can operate. US House Speaker Mike Johnson said that the strikes serve 'as a clear reminder to our adversaries and allies that President Trump means what he says.' 'The President gave Iran's leader every opportunity to make a deal, but Iran refused to commit to a nuclear disarmament agreement,' he wrote on X. 'President Trump has been consistent and clear that a nuclear-armed Iran will not be tolerated. That posture has now been enforced with strength, precision, and clarity.' Hostage Matan Zanguaker's mother Einav spoke out after the US strike on Iran, saying, 'Now we can return the hostages from captivity.' She added, 'Now we can return to life and restore it. Now the dead can be returned for a proper burial. Now we can end the war in Gaza. The time is ripe. Now.' Yoav Gallant, the former Israeli Minister for Defence, hailed Trump's decision on social media. 'President Trump took a bold decision for the United States, for Israel, for all of humanity,' Gallant wrote. 'The world is now a safer place.' US Senator John Fetterman, a Democrat from Pennsylvania, praised Trump's move in an X post. He wrote, 'As I've long maintained, this was the correct move by @POTUS. Iran is the world's leading sponsor of terrorism and cannot have nuclear capabilities. I'm grateful for and salute the finest military in the world.'
Yahoo
3 days ago
- Business
- Yahoo
Is CenterPoint Energy Stock Outperforming the Nasdaq?
Valued at $23.3 billion by market cap, Houston, Texas-based CenterPoint Energy, Inc. (CNP) operates as a public utility company. It operates through Electric and Natural Gas segments, serving nearly 7 million metered customers in Indiana, Minnesota, Ohio, and Texas. Companies with a market cap of $10 billion or more are categorized as "large-cap stocks." CenterPoint fits this description perfectly, with its market cap exceeding this threshold, reflecting its substantial size and influence in the utility sector. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer CoreWeave Stock Is Too 'Expensive' According to Analysts. Should You Sell CRWV Now? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Despite its strengths, CNP stock has dropped 9.5% from its all-time high of $38.31 touched on May 6. Over the past three months, CNP stock has dipped by a marginal 28 bps, notably underperforming the Nasdaq Composite's ($NASX) 11.7% surge during the same time frame. Nevertheless, CNP's performance has remained much more impressive over the longer term. CNP stock has soared 12.1% on a YTD basis and 14.7% over the past 52 weeks, outpacing Nasdaq's 1.2% uptick in 2025 and 9.4% gains over the past year. To confirm the longer-term bullish trend and recent dip in prices, CNP stock has traded consistently above its 200-day moving average since late September last year and dropped below its 50-day moving average earlier this month. CenterPoint Energy's stock prices rose 1.5% following the release of its mixed Q1 results on Apr. 24. Driven by favorable weather and increased energy usage, the company's overall revenues for the quarter surged 18.3% year-over-year to $1.8 billion, surpassing the consensus estimates by a notable margin. However, due to an increase in financing, maintenance, and operating expenses, the company's margins observed a significant contraction. Its non-GAAP EPS for the quarter dropped 3.6% year-over-year to $0.53, missing the Street's expectations. On a more positive note, CenterPoint has outperformed its peer Dominion Energy, Inc.'s (D) marginal 59 bps uptick in 2025 and 9.6% gains over the past 52 weeks. Among the 18 analysts covering the CNP stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $38.87 suggests a 9.3% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
Business Insider
6 days ago
- Business
- Business Insider
CenterPoint Energy reaches settlement agreement on SRP
CenterPoint Energy (CNP) announced that it has reached a settlement agreement with parties to its 2026-2028 Systemwide Resiliency Plan, SRP. Subject to Public Utility Commission of Texas review and approval, the SRP represents the largest single grid resiliency investment in CenterPoint's history and is expected to reduce the impact of storm-related outages by nearly 1 billion for its 2.8 million customers by 2029. CenterPoint's 2026-2028 SRP will build on the progress made during the first two phases of the company's Greater Houston Resiliency Initiative and is designed to further address the impacts of a wide range of extreme weather threats, including more powerful storms, hurricanes, wind events like derechos, flooding, extreme temperatures, tornadoes, wildfires and winter storms. Confident Investing Starts Here:
The Print
14-06-2025
- Politics
- The Print
H-word, M-word & fading K-word. India-Pakistan alphabet soup, with a side of Trump
Let's call the first the 'zero-sum game'. If Washington sees the Subcontinent in a hyphenated manner, then it must balance the relationship. Gain for one is loss for the other. It brings an equivalence India detests. It believes it stands in a class by itself and linking with Pakistan demeans it. And its return is dreaded because our successive governments have laboured for three decades to rid us of what we see as the equivalence the big powers (read the US) used to draw between us and Pakistan. Three things follow. Much as I would've wanted to use 'khota sikka', the challenge of finding an exact translation brings me to the usual bad penny. Let's say, therefore, that like a bad penny, the dreaded H-word is back with us. H, as in hyphenation with Pakistan. The second can be called 'stature denial'. Given its growing Comprehensive National Power (CNP), India believes it deserves a sphere of influence. If ally Washington sees the region through an India-Pakistan prism, it's unacceptable. Rather than endorse India's sphere of influence, this undermines it. This is double trouble as China is already working hard at denying India that pre-eminence, which Pakistan calls hegemonism. And whereas India would expect US backing in this competition, it is galling when the US keeps saying sweet somethings to Pakistan. What's the point of the Quad then? We thought we were partners in a project to contain China. And the third, this means the return of the M-word that so triggers us. M for mediation. For Indian public opinion, Donald Trump has undone the work of the past decades by continuing to insist that he mediated the India-Pakistan ceasefire. Now, we know that his interest isn't in any mediation but in getting credit: 'nobody gives me credit for stopping a nuclear war', 'they never give me credit for anything', 'I stopped a nuclear war and I haven't seen any stories about it,' and so on. You can't blame the Pakistanis for latching on to it. They think Trump's renewed interest in the region emanates only from a fear of nuclear conflict. Therefore, they think they've been able to switch the global attention back to the nuclear threat, from the case India had built across decades for partnership in the global war on terror. Personifying this rediscovered mojo is Bilawal Bhutto, who said, in his usual breathless hyperbole, that the US will drag India to the negotiation table, if necessary, by the ear. Pakistani establishment has thrown everything in their desperation to revive their faded American connection, even a bunch of crypto. But anybody who's sidled up to Trump has ended up singing that sad old song: 'ik bewafa se pyar kiya… haye re hum ne yeh kya kiya' (best-effort translation: I fell in love with one who knows no love, how the hell did I get into this mess?). Also Read: Op Sindoor is the first battle in India's two-front war. A vicious pawn in a King's Gambit This is a very transactional Trump with no loyalties, and as focused on his domestic base as Narendra Modi in India. Any US partner who doesn't accept this, is setting themselves up for a feeling of grand betrayal and humiliation. The good thing is, our policy establishment is still wise not to respond emotionally and avoiding any public expression of anxiety. They are quietly progressing on the issue that matters right now, an India-US trade deal. If that works, much clutter would die down. In any case, nobody has brought back that other demon, the K-word as yet. Nobody is saying India and Pakistan should negotiate over Kashmir, and further that we are willing to mediate. I am not even sure Trump is aware of an issue like that. That said, Trump is now reshaping the world in his own vision uncluttered by history, facts and ideology. He's gutting NATO, ridicules the western alliance, serially insults Canada's prime ministers (Trudeau and Carney), and is impatient with Netanyahu. He detests Zelenskyy, adores Putin. Check out the latest gem from him: 'Putin says they lost 51 million people (in WWII) and we were your allies. Now everyone hates Russia and they love Germany and Japan. Let's explain that sometimes. It's a strange world.' It's unrealistic to expect that somebody making radical shifts not confused by history would even know or appreciate our concern over de-hyphenation. Modi government's current approach of social media noise-cancellation is wise. The nominated Assistant Secretary of State Paul Kapur's full testimony to the committee voting on his appointment is mature and fine for India. But just that one line saying he'd work with Pakistan where it suits America's interest has made so many in India sulk like a jilted lover. And the Centcom Commander, General Michael Kurilla calling Pakistan a phenomenal partner against terror comes from the essential geostrategic division the Pentagon has followed historically where Centcom covers Pakistan and India falls under Pacific Command. Ask any crime reporter worth her next scoop and she will explain to you how the first interest of any station house officer (SHO) at a police station is to curb crime in their own jurisdiction even if it means making deals with even the baddest guys. You might get a different answer from the Pacific Command chief. On top of this, our own news TV rumour machine, which has done more to undermine India's strategic credibility, invented its own fiction that Pakistan's newly self-minted field marshal was invited for the US Army Day parade. We were saved from mass neurosis by White House saying they weren't inviting any such guests. While such touchiness rules our larger public opinion which loves that self-defeating 'we have to do it all alone' obsession, it will be challenging for the Modi government to immunise serious policy from public responses. This government is obsessed with the buzz on social media. Also Read: Asim Munir just stole his 5th star & has nothing to show for it. It'll make him desperate, dangerous Finally, if you can use that noise-cancellation device again, and see what foreign involvement in our crises has meant. It will also help us distinguish mediation, intervention and involvement. After the Cold War, India endured about four years of intense American pressure over Kashmir over human rights. But, as India's economy grew post-reform, so did its stature. By 1998, the equation was changing. Not only was the second Clinton Administration quick to embrace the reality of a nuclear-armed India, the next year, 1999, it played a very constructive role during the Kargil crisis. Clinton hauled in Nawaz Sharif to Washington even on the US Independence Day (4 July) to give him a face-saver to retreat from Kargil. During Operation Parakram, repeated American interventions and frantic visits (most significant Secretary of Defence Donald Rumsfeld on a day we seemed closest to war) helped both sides stay calm. The solidarity in war on terror over 26/11 and onwards served a dual purpose. One, to largely dehyphenate India from Pakistan. And second, to stick the 'terror state' label on Pakistan's chest. However, times do change. And with the return of Trump, how. Every crisis in the subcontinent has drawn American involvement to defuse it. That's the fire truck at our doors. Trump has only changed the language, junking old-fashioned diplomatic discretion. Trump seeks credit like a five-year-old. It's the new reality for the world, especially for America's friends and allies. PostScript: when Musharraf came for the Agra Summit (14-16 July, 2001), Vajpayee hosted a lunch for him at the biggest banquet hall in New Delhi's Taj Palace Hotel. He was also clever enough to invite Farooq Abdullah to it, and seat him just one table away. Dessert time, Farooq predeterminedly got up and walked to the head table with a big, mischievous smile. 'Arrey, yeh dekhiye, yeh toh third party intervention ho gayi,' a startled Musharraf found a good escape line, and everybody laughed. Next week: The perils of self-hyphenation Also Read: There's an all-new N-word now. And India's soft power has become its hard liability
Wall Street Journal
12-06-2025
- Entertainment
- Wall Street Journal
Trump Says U.S. Could Set Tariff Rates for Trading Partners Soon
President Trump spoke to reporters at the Kennedy Center in Washington, where he watched "Les Misérables." (Samuel Corum - Pool via CNP/Zuma Press)
