FINWIRES · TerminalLIVE
FINWIRES

NWS Issues Fire Weather Warning for Texas, New Mexico, Kansas, Nebraska, South Dakota

-- The US National Weather Service issued a red flag warning early Thursday for New Mexico's Raton, Clayton, Roy, Las Vegas, Tucumcari, Clovis, Portales, Roswell, Santa Rosa, Moriarty, and Santa Fe. TXNM Energy (TXNM) unit Public Service Co. of New Mexico and Xcel Energy (XEL) are among the primary electricity suppliers in the state.

A red flag warning was issued for Dalhart, Perryton, Dumas, Borger, Pampa, Amarillo, Hereford, Plainview, Dimmitt, Lubbock. Littlefield, Morton, and Clarendon in Texas. These places are primarily served by American Electric Power's (AEP) Texas unit and Xcel Energy.

Oklahoma's Boise City, Guymon, Beaver, Alva, Woodward, Gage, and Elk City were also placed under a similar warning. OGE Energy (OGE) unit Oklahoma Gas & Electric and American Electric Power subsidiary Public Service Co. of Oklahoma are the major electric utility service providers in the state.

In Kansas, a similar warning was raised for Tribune, Scott City, Garden City, Ulysses, Dodge City, Liberal, Hays, Hill City, Oakley, Colby, Goodland, St.Francis, Oberlin, Concordia, and Salina. A flood and a flash flood warning was raised for small pockets in the state. Evergy (EVRG) is among the major electric utility service providers in the state.

Almost the entirety of Nebraska, except for Omaha, Lincoln, Beatrice, Nebraska City, and Falls City, was also covered under a fire weather conditions warning watch. Most of Nebraska falls under the service area of regional transmission organization Southwest Power Pool, with Midcontinent ISO also serving some areas.

In South Dakota, a red flag warning was issued for Custer, Hermosa, Pine Ridge, Hot Springs, Kadoka, Martin, Mission, Pierre, White River, Winner, Chamberlain, Lake Andes, Mitchell, Huron, Sioux Falls, Vermillion, Brookings, Murdo, Miller, Redfield, Watertown, Milbank, Sisseton, and Aberdeen. Otter Tail (OTTR) subsidiary Otter Tail Power, Black Hills (BKH) unit Black Hills Energy, NorthWestern Energy (NWE), Xcel Energy, and MDU Resources (MDU) unit Montana-Dakota Utilities are among the major electricity providers in the state.

Also covered under a red flag warning watch were Colorado's Colorado Springs, Limon, La Junta, Kim, Springfield, Trinidad, La Veta Pass, Pueblo, Eads, Flagler, Cheyenne Wells, Pikes Peak, San Luis, Alamosa, South Fork, Saguache, Westcliffe, Canon City, Salida, Buena Vista, Leadville, Woodland Park, Fairplay, Castle Rock, Georgetown, Akron, Deer Trail, Ordway, and Wray. Meanwhile, a freeze warning was issued for Cortez, Pagosa Springs, Durango, Vail, Rifle, and Kremmling. The state is primarily served by Xcel Energy and Black Hills Energy.

Red flag warnings were also issued for Minnesota's Worthington, Pipestone, Morris, Willmar, Wheaton and Marshall; and Iowa's Sioux City.

A similar warning was raised for Wyoming's Bill, Lance Creek, Glenrock, Lance, Dusk, Glendo, Torrington, Wheatland, Chugwater, Garrett, Pine Bluffs, Cheyenne, and Newcastle. Meanwhile, a winter storm warning was issued for Cody, Dubois, Jackson, Lander, and Pinedale. These places primarily fall under the service area of PacifiCorp's Rocky Mountain Power.

The NWS issued a freeze warning for Utah's Brigham City, Ogden, Salt Lake City, Tooele, Provo, Nephi, Delta, Manti, Price, Richfield, Duchesne, Green River, Capitol Reef National Park, Cedar City, and Milford. Rocky Mountain Power is the major service provider in the state.

In Idaho, a freeze warning was issued for Caldwell, Boise, Mountain Home, Jeronte, Twin Falls, Burley, Shoshone, Arco, Pocatello, Blackfoot, Idaho Falls, Rigby, and Rexbury. These places are primarily served by Idacorp's (IDA) Idaho Power and Rocky Mountain Power.

A freeze warning was also raised for Washington's Wenatchee, Moses Lake, Yakima, Connell, Pasco, Sunnyside, Ellensburg, Walla Walla, Chelan, Coulee Dam, Ritzwell, Toledo, Centralia, Hoquiam, and Olympia. A winter storm warning was raised for Mount St. Helens, Cougar, while a flood warning was issued for areas near Chelan. Puget Sound Energy, PacifiCorp's Pacific Power, and Avista (AVA) unit Avista Utilities are among the major electricity service providers in the state.

In Oregon, a freeze warning was issued for Cave Junction, Gold Beach, Medford, Ashland, Grants Pass, Shady Cove, Cottage Grove, Eugene, Blue River, Sweet Home, Molalla, Salem, Albany and The Dalles. A winter storm warning was raised for Corbett, Mount Hood, Detroit, Santiam Pass, Bend, Oakridge, and Blue River. Pacific Power is among the service providers in these places.

California's Gasquet, Crescent City, Trinidad, Willow Creek, Weaverville, Fortuna, Eureka, Garberville, Shelter Cove, Willits, Ukiah, and Lakeport were also among the places covered under a freeze warning watch. These places are primarily served by Pacific Power and PG&E (PCG) unit Pacific Gas and Electric Company.

The NWS issued a flood warning for Michigan's Petoskey, Rogers City, Alpena, Gaylord, Mio, Traverse City, Houghton Lake, Tawas Lake, Cadillac, Houghton, Iron Mountain, Escanaba, Menominee, Big Rapids, Muskegon, Alma, Grand Rapids, Hastings, Ionia, Lansing, Kalamazoo, and Flint. CMS Energy (CMS) unit Consumers Energy, DTE Energy, WEC Energy Group (WEC) subsidiaries Upper Michigan Energy Resources and We Energies, Upper Peninsula Power Company, and Xcel Energy are among the major service providers in these places.

In Wisconsin, flood warning were raised for Janesville, Kenosha, Prairie Du Chien, Wisconsin Dells, Milwaukee, Sheboygan, La Crosse, Appleton, Green Bay, Stevens Point, Whitehall, Neillsville, and Wausau. WEC Energy Group's Wisconsin Public Service, Xcel Energy, and Alliant Energy (LNT) are among the major service providers in the state.

Flood warnings were also issued for certain parts of Minnesota, Iowa, Missouri, Illinois and Indiana.

Related Articles

Australia

Intel Poised for 'Slight Beat' Amid Solid Server CPU Demand, RBC Says

Intel (INTC) is expected to report a "slight beat" in its fiscal first-quarter results amid robust server central processing unit demand, RBC Capital Markets said in a note e-mailed Tuesday.On Thursday, the chipmaker is likely to post adjusted per-share earnings and revenue above RBC's projections for breakeven and $12.20 billion, respectively, for the March quarter, according to the brokerage. The current consensus on FactSet is for non-GAAP EPS of $0.02 and sales of $12.42 billion."We expect a slight beat/raise driven by strong server CPU demand," RBC analyst Srini Pajjuri said. "(Personal computer) market also appears to be holding up for now."First-quarter revenue in the company's data center and artificial intelligence segment is pegged at $4.3 billion, representing a 3% annual gain, with room for potential upside, according to RBC."While demand remains strong, management expected internal wafer supply constraints to be most acute in (the first quarter) which could limit near-term upside," Pajjuri wrote. "Recent media reports point to Intel raising prices which should help."For the current quarter, RBC expects Intel to issue an outlook above Wall Street's estimates of $13.1 billion in revenue and adjusted EPS of $0.09, driven by server CPU demand and improving wafer supply.The data center and AI business is projected to see sequential growth of 10% in the second quarter, with RBC seeing potential upside amid improving supply and healthy pricing. The brokerage expects server demand to continue to benefit from agentic AI and sees industry supply remaining "tight" through 2026, it said in the note.RBC maintained its sector perform rating on Intel's stock with a $48 price target.The company's shares were up 0.3% in Tuesday afternoon trade, bringing its year-to-gains to nearly 79%.Last year, the US government agreed to invest $8.9 billion in Intel's common stock as part of a deal to secure a stake in the company. Separately, Nvidia (NVDA) agreed to inject $5 billion in Intel under a collaboration that aims to develop new data center and PC chips.Price: $66.04, Change: $+0.34, Percent Change: +0.52%

$INTC$NVDA
Australia

Scholastic Reports Preliminary Results of Dutch Auction Tender Offer

Scholastic (SCHL) on Tuesday announced preliminary results from its modified Dutch auction tender offer, which closed on Monday.The company said that shareholders tendered a total of about 2.85 million shares at or below the $40 per share purchase price, including about 1 million shares that were tendered by notice of guaranteed delivery.Based on the preliminary count, Scholastic expects to purchase all properly tendered shares at $40 each, for a total cost of about $114.1 million, excluding fees and expenses, it added.The company said that following completion of the offer, it expects nearly 17.9 million shares to remain outstanding, representing a reduction of about 13.7% in its share count.Shares of Scholastic rose 2.3% in the session.Price: $40.69, Change: $+0.93, Percent Change: +2.34%

$SCHL
Sectors

Sector Update: Financial

Financial stocks were declining in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.6%.The Philadelphia Housing Index was adding 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 1.8%.Bitcoin (BTC-USD) was decreasing 0.9% to $75,117, and the yield for 10-year US Treasuries was rising 5 basis points to 4.30%.In corporate news, Coinbase (COIN) and Gemini Titan have been sued by New York Attorney General Letitia James for allegedly violating the state laws against against illegal gambling with their prediction markets, Reuters reported, citing complaints filed in a state court in Manhattan. Coinbase shares fell nearly 7%.

$COIN