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Ameresco (AMRC) drew fresh attention after the U.S. Army selected the energy solutions specialist for exclusive talks on long-term power generation leases at Aberdeen Proving Ground and Picatinny Arsenal. Despite this contract spotlight, Ameresco’s recent trading tells a different story, with the share price at US$21.48 and the 1-year total shareholder return down 38.3% and the 5-year total shareholder return down 65.0%. This points to fading longer term momentum even as fresh project wins...
A number of stocks fell in the afternoon session after the 10-year Treasury yield jumped to 5.14%, reaching levels last seen in 2007 and raising borrowing costs across the economy. U.S. stocks fell early Thursday, according to the Associated Press, as surging Treasury yields and rebounding energy prices weighed on financial markets.
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