The former FirstEnergy Corp. executives — ex-CEO Chuck Jones and Senior Vice President Michael Dowling — were accused of taking part in an enterprise to bribe state officials and secure a $1 ...
Wolfe Research downgraded FirstEnergy (FE) to Peer Perform from Outperform with a $38-$43 fair value estimate. The firm sees concerns on ...
Two former FirstEnergy executives were indicted in connection with a massive statewide bribery scandal that put one of Ohio's most powerful politicians in federal prison. Former FirstEnergy CEO ...
The analyst noted that while the transition away from low-quality earnings is generally a positive move, it is concerning if FirstEnergy cannot identify adequate compensatory measures. This issue is ...
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 ...
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 ...
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