FirstEnergy Corp is an energy company that primarily operates as a utility provider, delivering electric service to millions of customers across several states in the United States. The company manages a diverse portfolio of electric generation facilities and transmission networks, ensuring reliable power distribution while also focusing on sustainable energy solutions. FirstEnergy is committed to improving the overall customer experience and providing innovative energy products and services, as well as investing in infrastructure to enhance the safety and efficiency of its operations. Additionally, the company advocates for clean energy initiatives and aims to reduce its environmental impact while meeting the energy needs of the communities it serves. Read More
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
BofA Securities analyst Julien Dumoulin-Smith upgraded FirstEnergy Corp (NYSE: FE) to a Neutral rating and raised its price target to $45. This reflects Ohio's regulatory transition risks, but the proposed framework may benefit FE's regulated business in the long term. Even if Ohio rates remain frozen until 2027, FE can offset a small EPS shortfall with $150 million in capex optimization.
Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.
While finding stocks that are boosting dividends is good, it is even better when their dividend yields are already higher than the market. Generally speaking, many consider the S&P 500 Index to be “the market."
Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Let's delve into the developments on the US markets in the middle of the day on Thursday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Wall Street is monitoring FirstEnergy's regulatory cases in Ohio and is concerned about the company’s ability to replace earnings from pensions and Signal Peak coal operations as it transitions away from legacy income sources.
