FirstEnergy Corp. (FE) is an electric utility company headquartered in Akron, Ohio, serving approximately six million ...
Reporting mistakes helps us improve the experience. Generate Key Takeaways Jan. 18—Two former FirstEnergy executives are accused of participating in a $60 million bribery scheme. Former CEO and ...
However, Wolfe Research now observes that FirstEnergy is considering the sale of Signal Peak while concurrently facing earnings pressure. Additionally, the company's pension earnings are under ...
The scheme involved over $60 million in bribes to secure a $1 billion bailout of FirstEnergy's faltering nuclear plants and eliminate regulatory hurdles. The scandal has already landed one of Ohio ...
FirstEnergy (NYSE:FE) -1.3% in Thursday's trading as Wolfe Research downgrades shares to Peer Perform from Outperform with fair value at $38-$43, seeing concerns on low-quality pension and coal ...
On Jan. 23, Wolfe Research downgraded FirstEnergy to “Peer-Perform” from “Outperform,” citing concerns over its “low-quality” pension and coal earnings, as well as ongoing uncertainty ...