FirstEnergy Gets $2.5 Billion Investment
A group of investors including Paul Singer's hedge fund, has paid $2.5 billion to acquire both preferred and common stock in electric utility holding company FirstEnergy.
A group of investors including Paul Singer's hedge fund, has paid $2.5 billion to acquire both preferred and common stock in electric utility holding company FirstEnergy.
The top analyst upgrades, downgrades and other research calls from Monday include CenterPoint Energy, NetApp, NiSource, Nvidia, Orbital ATK and Weyerhaeuser.
Here are six defensive utilities with upside to the consensus analyst target prices from firms we cover on Wall Street and Thomson Reuters, each with solid dividends.
24/7 Wall St. has conducted a review of the top dividends from America’s largest companies. There were 25 such companies paying a yield of 3.5% or more — and some much higher.
While there is no guarantee that these stocks all thrive after the November election, they all have very strong and mature franchises that should continue to drive earnings regardless of who sits…
The top analyst upgrades, downgrades and initiations seen on Monday morning include BlackRock, Bristol-Myers, Level 3, NVIDIA, Monsanto and Twenty-First Century Fox.
Even though the utility sector has totally blown away other S&P 500 sectors this year, and many of the stocks in the sector are very pricey, the run may not be over.
FirstEnergy had a rough trading day on Thursday on news that it and American Electric Power are facing a regulatory review of Ohio power plant contracts.
In a recent research report from Jefferies, as they do every week, the analysts highlight their top value ideas to buy now.
Analysts are concerned that this earnings season could be the worst quarterly comparisons since the end of the recession. Goldman Sachs even worries now that good economic news is bad news is…
A recent report from the strategists at Merrill Lynch flat-out says to stay bearish and defensive. They recommend staying long consumer staples, utilities and telecommunication companies.
Tuesday's top analyst upgrades, downgrades and initiations include CenturyLink, JetBlue AIrways, Level 3 Communications, Netflix, PulteGroup, United Technologies, VMware and Whiting Petroleum.
Credit Suisse has just come out with its top picks for the utilities sector. The firm updated its target prices and estimates for the first quarter of 2015.
Now that so many utilities have seen their shares rise and their dividend yields compress, investors who like the defensive nature of utilities, and the dividends, are wondering where to go in…
Tuesday's top analyst upgrades and downgrades include American Express, BIND Therapeutics, Devon Energy, General Motors, Novavax and Toyota.