FirstEnergy Corp. (NYSE:FE)

Genesee & Wyoming Acquisition Boosts Rail Stocks

Posted: July 1, 2019 at 11:20 am

For nearly 80 years since its founding in 1899, the Genesee & Wyoming Railroad's sole asset was a 14-mile stretch of track in western New York. Since 1977, the company, ...
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Are Utilities Losing Their Defensive Appeal Ahead of Summer?

Posted: June 2, 2019 at 11:40 am

It is no secret that the economy and the market have run across some newfound challenges. On top of slower global growth, as well as an escalating trade war with ...
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Why One Red-Hot Sector May Go Even Higher as Interest Rates Plunge

Posted: May 24, 2019 at 7:05 am

Typically, falling interest rates are a positive for business and consumers, as the cost of borrowing drops dramatically. Home refinancing has jumped as mortgage rates are near the lowest levels ...
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Top Analyst Upgrades and Downgrades: Allergan, Costco, Cree, Dollar Tree, Eli Lilly, FedEx, Mylan, NextEra, Peabody, Teva, Yum Brands and More

Posted: March 20, 2019 at 8:55 am

Stocks were indicated to open marginally higher on Wednesday ahead of the FOMC decision on interest rates. With the market having recouped so much ground in 2019, investors need to ...
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Sempra Energy to Sell Entire US Renewables Portfolio

Posted: June 28, 2018 at 1:25 pm

Energy infrastructure and distribution company Sempra Energy (NYSE: SRE) announced Thursday morning that it plans to sell all its U.S. wind and solar assets, along with other infrastructure assets and ...
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Top Analyst Upgrades and Downgrades: Apple, Chevron, FirstEnergy, Intel, Kinder Morgan, Mattel, Sprint, T-Mobile, Take-Two, Wayfair and More

Posted: April 30, 2018 at 9:05 am

Stocks were indicated to open higher on Monday after a mixed week has come and gone. The Dow Jones industrial average remains under 24,500, and the tech-heavy Nasdaq barely closed ...
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Fund Managers Load Up on 5 Top Mid-Cap Value Stocks

Posted: April 27, 2018 at 9:00 am

To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatement and always has been. While publicly they sometimes seem reluctant to ...
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Top Analyst Upgrades and Downgrades: Alcoa, Alphabet, BP, Epizyme, FirstEnergy, First Solar, KeyCorp, Nvidia, Vale and More

Posted: April 24, 2018 at 8:50 am

Stocks had been selling off up until today, but the major equity indices were up after strong earnings from the Dow Jones industrials added support. Some investors have reconsidered what ...
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FirstEnergy Solutions Bankruptcy Could Take a Long Time

Posted: April 19, 2018 at 1:55 pm

When FirstEnergy Corp. (NYSE: FE) subsidiary FirstEnergy Solutions (FES) filed for bankruptcy on the last day of March, the engine started running on what could be a procedure that takes ...
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Why FirstEnergy Subsidiaries Seek Bankruptcy for Merchant Power Business

Posted: April 2, 2018 at 8:25 am

On Sunday, electric utility FirstEnergy Corp. (NYSE: FE) announced that its merchant power subsidiary, FirstEnergy Solutions, and its nuclear operating company voluntarily filed for Chapter 11 bankruptcy protection. Not included ...
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Can Trump Administration Deliver the Coal and Boost FirstEnergy?

Posted: February 9, 2018 at 10:10 am

The Trump administration, particularly Energy Secretary Rick Perry, suffered a major setback last month when the Federal Energy Regulatory Commission (FERC) rejected Perry's proposal to pay coal plant operators for ...
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5 Ultra-Safe Utilities to Buy as Market Volatility Skyrockets

Posted: February 9, 2018 at 8:20 am

If there is any sector that is safe when the going gets treacherous it’s the utilities, and with good reason. Regardless of the economy or other circumstances that affect consumers ...
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Top Analyst Upgrades and Downgrades: Bed Bath & Beyond, Caterpillar, FirstEnergy, Gilead, Intel, Starbucks, Yamana Gold and More

Posted: January 26, 2018 at 9:00 am

Stocks were indicated to open higher yet again on Friday, with the Dow Jones Industrial Average indicated up over 26,400 and the S&P 500 challenging 2,850. Now that the bull ...
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Monday’s Biggest Winners and Losers in the S&P 500

Posted: January 22, 2018 at 4:08 pm

January 22, 2018: The S&P 500 closed up 0.8% at 2,832.98. The DJIA closed up 0.55% at 26,214.59. Separately, the Nasdaq was up 1.0% at 7,408.03. Monday was a positive ...
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FirstEnergy Gets $2.5 Billion Investment

Posted: January 22, 2018 at 10:40 am

Electric utility FirstEnergy Corp. (NYSE: FE) announced Monday morning that it is receiving a $2.5 billion equity investment from affiliates of Paul Singer's Elliott Management, Bluescape, GIC and Zimmer Partners. ...
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