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       Sector: Utilities  >  Industry: Electric Utilities
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FE: Bull or Bear? From:    SocialPicks  |  Blogsphere  |  All

From the Blogosphere

FirstEnergy to Develop Norton – Analyst Blog
Logo1
38%

FirstEnergy Generation Corp., a subsidiary of FirstEnergy Corporation (FE), has acquired the rights to develop the Norton Energy Storage Project - compressed air energy storage (CAES) facility in Norton, Ohio - from CAES Development Company, LLC. The transaction includes rights to a 600-acre underground cavern, formerly operated as a limestone mine, which is ideal for energy storage technology. 

FirstEnergy believes that the compressed-air technology at this site will enable the company to store energy at night, when electricity demand is less, and use it during the day when demand escalate...
By  StraightStocks   (-6.13%  risk: moderate)  11/24/09 Comment


FE’s Nuclear License Extended – Analyst Blog
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38%

FirstEnergy Nuclear Operating Co., a subsidiary of FirstEnergy Corp. (FE), received a 20-year license extension for the Beaver Valley Power Station Unit 1 and Unit 2 in Shippingport, Pennsylvania.

<>The Nuclear Regulatory Commission (NRC) granted the license renewal after thorough inspection and audit of the plant’s safety and environmental programs; the hearing detailed information from Beaver Valley representatives during five public meetings; and review of more than 3,000 pages of supporting documents.
 
FirstEnergy Nuclear Operating Co. (FENOC) submitted a revised license renewal applicat...
By  StraightStocks   (-6.13%  risk: moderate)  11/11/09 Comment


FirstEnergy Beats, Cuts Forecasts
FirstEnergy Corp. (FE) posted third-quarter adjusted of $1.11 per share, topping the Zacks Consensus Estimate by 9 cents.
By  Zacks.com   (-12.96%  risk: moderate)  10/29/09 Comment


FirstEnergy Beats, Cuts Forecasts
28%
FirstEnergy Corp. (FE) posted third-quarter adjusted of $1.11 per share, topping the Zacks Consensus Estimate by 9 cents.
By  reity   (-33.88%  risk: aggressive)  10/29/09 Comment


Analyst upgrades, downgrades and initiations: AMZN, BKS, POT, XOM, WM ...

Filed under: Analyst reports, Analyst upgrades and downgrades, Amazon.com (AMZN), Exxon Mobil (XOM), Analyst initiations

Analyst upgrades:

<>
  • Allegheny (NYSE: AYE) was initiated with a buy at Citigroup as attractive at current levels. Target is $33.
  • PPL Corp. (NYSE: PPL) was initiated with a buy at Citigroup. Citi believes PPL's earnings power from the Pennsylvania regulated utility market is being underappreciated. Target is $35.
    • <>FirstEnergy (NYSE: FE) was initiated with a Buy at Citigroup who believes the company's current valuation doesn't reflect its transition to full market-ba...
    By  Eric Buscemi   (+0.00%)  10/23/09 Comment



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