Stocks with bullish Float Short: $AES $BIDU $RF – Wire Real Estate

Stocks with bullish Float Short: $AES $BIDU $RF




Sep 1, 2020

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AES Corpis bullish as its strikes deal for early termination of two tolling agreemnts

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AES Corp (NYSE:AES) with a float short of 1.93% looks bullish.

AES Gener, a subsidiary of AES Corporation has reached an agreement with the 558 MW Angamos coal-fired plant in Chile for early termination of two tolling agreements. With this new agreement, the company will terminate the PPAs in August 2021. As stipulated in the PPAs, Angamos will be paid $720 million reflecting the current value of fixed charges through 2029.

Another bullish stock is Baidu as its unveils its quantum machine learning development toolkit

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Baidu Inc (NASDAQ:BIDU) with a float short of 2.05% looks bullish

Baidu, the leading search engine and AI Company in China recently unveiled a quantum machine learning development toolkit it has named Paddle Quantum. The move is one among many that the company has taken to integrate AI and quantum. The company established the Institute for Quantum Computing in 2018 as part of the initiative. In a statement, Dr. Runyao Duan, Director of the Institute for Quantum Computing said Quantum computing is quickly becoming one of the most active research field in modern science.

Regions Financial is positive as its announces launching walk-in services

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Regions Financial Corp (NYSE:RF) with a float short of 2.14% looks bullish

Regions Bank has launched walk-in services at its branch lobbies and also out in place measures to implement health standards and reduce the spread of COVID-19. As the company's comprehensive approach to combat the spread of COVID-19, the bank limited in-person branch-banking services to drive-through. In addition, Regions Bank limited lobby services to appointments only. Since the outbreak of COVID-19, the company has implemented several health and safety best practices. These include offering support to communities where it services as well as providing tailored assistance to customers facing hardship.

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