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Wasatch Global Investors Believes Sterling (STRL) Will Benefit from Infrastructure Spending
Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 14.74% was recorded by the fund’s investor class for the Q1 of 2021, trailing the benchmark, Russell Microcap® Index, which leapt 23.89% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Micro Cap Value Fund, in its Q1 2021 investor letter, mentioned Sterling Construction Company, Inc. (NASDAQ: STRL), and shared their insights on the company. Sterling Construction Company, Inc. is a Houston, Texas-based construction company company that currently has a $649.3 million market capitalization. Since the beginning of the year, STRL delivered a 21.98% return, extending its 12-month gains to 176.66%. As of May 10, 2021, the stock closed at
HoustonTexasUnited-statesSterling-construction-company-incWasatch-micro-cap-value-fundSterlingSterling-construction-co-incFederal-reserveNasdaqWasatch-global-investorsMicro-cap-valuePress release content from Globe Newswire. The AP news staff was not involved in its creation.
DTE Energy announces Board of Directors for DT Midstream
DTE EnergyMay 7, 2021 GMT
Board comprised of highly qualified, diverse directors with experience and expertise to oversee the new independent midstream company
Director appointments will be effective upon completion of DT Midstream spin-off, which is expected in July 2021
DT Midstream files Form 10 registration statement with Securities and Exchange Commission
DETROIT, May 07, 2021 (GLOBE NEWSWIRE) DTE Energy (NYSE: DTE) today announced the composition of the Board of Directors for DT Midstream, the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy’s non-utility natural gas pipeline, storage and gathering business. DTE Energy expects that the spin-off will be completed in July 2021.
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