FirstEnergy downgraded at Wolfe
FirstEnergy Stock Slips After Wolfe Downgrade, But Retail Remains Optimistic
FirstEnergy downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research downgraded FirstEnergy (FE) to Peer Perform from Outperform with a $38-$43 fair value estimate. The firm sees concerns on
FirstEnergy downgraded at Wolfe as old concerns resurface
FirstEnergy downgraded by Wolfe Research, seeing concerns on low-quality pension and coal earnings resurfacing, while the Ohio rate case remains an overhang.
Chuck Jones and a former senior vice president are the first FirstEnergy executives to face federal charges in a corruption probe tied to an Ohio energy
Two former FirstEnergy executives are charged in a racketeering scheme and turned themselves into federal authorities on Friday.
SPRINGFIELD, Ohio (WKRC) - An Ohio-based power company added a surcharge to customers who pay their bill from a bank account without autopay. According to WFMJ, FirstEnergy Corp, an electric utility company and parent company of Ohio Edison, has added a surcharge to its customers who are paying their monthly bill from their checking accounts.
However, FirstEnergy, the parent company of Ohio Edison, is now adding a surcharge to customers who pay their monthly electric bill from their checking accounts. The new policy started in January.
A former CEO and one of his top executives at an Ohio energy company have been indicted on federal racketeering charges.
The revised price target reflects Jefferies' analysis of the company's growth prospects and the potential impact of external factors on its financial outlook. FirstEnergy (NYSE:FE)'s stock performance in the coming months may be influenced by the resolution of its Ohio cases and the company's ability to achieve its projected rate base growth.
Ohio Gov. Mike DeWine supports repealing a remaining aspect of corrupt legislation that forces ratepayers to spend hundreds of millions per year on an out-of-state and unprofitable coal plant. This comes as the state moves forward in its case against the architects of House Bill 6,
Utilities that provide electricity to the Mahoning and Shenango Valleys say they are preparing for this week’s frigid temperatures.
The Sixth Circuit appeals court also upheld FERC's decision ending the extra return on equity in the state for American Electric Power and Dayton Power.
A former CEO and one of his top executives at an Ohio energy company have been indicted on federal racketeering charges.
Two former energy executives are charged in a racketeering scheme and turned themselves into federal authorities on Friday.
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