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  • Dec 12, 2024

EVgo Closes $1.25 Billion Loan From Government To Expand Fast Charging Network; Stock Gains

EVgo Inc. (NASDAQ:EVGO) shares are trading higher on Friday. EVgo announced the closure of a $1.25 billion guaranteed loan facility from the U.S. Department of Energy’s (DOE) Loan Programs Office. This loan is part of the DOE’s Title 17 Clean Energy Financing Program and is designed to support EVgo’s ambitious plans to expand its public electric vehicle (EV) charging infrastructure. The company aims to build 7,500 new fast charging stalls across the U.S., increasing its network to at least 10,00

  • Dec 12, 2024

European Banks Still Have Upside After Market-Leading 2024 Gains

(Bloomberg) -- European banks face multiple headwinds but analysts from Barclays Plc to Goldman Sachs Group Inc. remain bullish on the sector — albeit selectively.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO ResignsLenders are the top-performing equity group in Europe in 2024, up 26% year-to-date. But slowing eco

  • Dec 12, 2024

Pimco, Fidelity See Risk of More ECB Cuts Than Market Expects

(Bloomberg) -- Pacific Investment Management Co. and Fidelity International are among investors who say the darkening economic outlook in Europe may force policymakers to cut interest rates more than the market expects.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsHow California Sees the World, and ItselfThe latest pricing suggests the European Ce

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