St. Louis-based Ameren Corp. is a public utility that serves 2.4 million electric customers and 900,000 natural gas customers through its Ameren Missouri and Ameren Illinois regulated subsidiaries. Customers are located in central and eastern Missouri and southern Illinois. Ameren Missouri provides vertically integrated electric service, with a generating capacity of 10,800 megawatts. Ameren Illinois provides electric transmission service as well as natural gas delivery. Ameren Transmission Co. of Illinois develops regional electric transmission projects. AEE also operates one nuclear-generating facility. In 2023, electricity accounted for about 83% of total revenues. Management is committed to electric and gas service expansion and infrastructure improvements in the company's regulated service territories. Ameren has exited the volatile non-regulated merchant energy business, and has shown little interest in acquiring non-regulated assets. The company operates several nuclear generators, but still relies heavily on coal. Of the utility's generating capacity, the 2023 fuel mix is about 44% coal, 12% nuclear, 29% natural gas/oil, and 15% renewables. Management estimates that about 14% of revenues came from coal generation in 2023, and expects coal generation to drop to about 3% of rate-base generation by the end of 2028. The company is targeting net-zero carbon emissions by 2045, and has been adding solar and wind projects in Missouri. AEE has 9,000 employees. The shares are a component of the S&P 500. The company's market cap is approximately $22.5 billion.

The Nasdaq is up nearly 3% and the other indices are also celebrating the Fed's supersized rate cut yesterday. Now the Monday morning quarterbacking begins. What about next time? We had forecast 25 this time, and the Fed cut 50. So adjusting, we still see two more cuts this year. But we're adding one more cut to next year, for a total of three cuts in 2025. So five in total, all in the size of 25 bps.

AMERICAN FINANCIAL GROUP INC has an Investment Rating of HOLD; a target price of $141.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

Aegon is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through an extensive transformation program where management has sought to divest noncore operations and improve the risk profile of the business. Financial assets are the parts of the business that are now being run off. Aegon is looking to cycle out of capital-consumptive and volatile-earnings products and recycle funds into capital-light and more predictable strategic businesses.