Ohio ratepayers are being forced to spend hundreds of millions propping up two 68-year-old coal-fired power plants that supposedly couldn’t survive without subsidies.
HighTower Advisors LLC decreased its position in FirstEnergy Corp. (NYSE:FE – Free Report) by 0.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,056 shares of the utilities provider’s stock after selling 397 shares during the period. HighTower Advisors […]
StockNews.com lowered shares of FirstEnergy (NYSE:FE – Free Report) from a hold rating to a sell rating in a report published on Monday morning. A number of other equities research analysts have also recently commented on FE. UBS Group cut shares of FirstEnergy from a buy rating to a neutral rating and dropped their price […]
FirstEnergy Corp. (NYSE:FE – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 12,230,000 shares, an increase of 6.1% from the July 31st total of 11,530,000 shares. Based on an average daily volume of 3,160,000 shares, the […]