Jefferies Remains Sidelined on FirstEnergy (FE) After Adjusting Forecast
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
FirstEnergy Foundation Donates $10,000 to Cuyahoga County Public Library System to Support 22 Homework Centers
October 21, 2016 12:45 PM EDTAKRON, Ohio, Oct. 21, 2016 /PRNewswire/ -- The FirstEnergy Foundation has donated $10,000 to the Cuyahoga County Public Library System to support the efforts of 22 Homework Centers in branches across Greater Cleveland. This after-school program helps thousands of at-risk children improve their grades and increase subject comprehension.
The Homework Centers are... More
JCP&L Celebrates Careers in Utilities Week with Demonstration Event for Public Officials
October 20, 2016 3:30 PM EDTMORRISTOWN, N.J., Oct. 20, 2016 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) celebrated "New Jersey Careers in Utilities Week" today with a demonstration event in Morristown for public officials showcasing the special training and equipment needed to help provide safe and reliable electric service to customers.
JCP&L President Jim Fakult and New Jersey Board of Public Utilities Commissioner Joseph Fiordaliso welcomed guests, including municipal officials and community leaders, to a company facility in Morristown.Â
Employees from JCP&L's line, substation and meter reading departments participated in skills demonstrations and displayed... More
Wooden Pole Inspection and Replacement Program Continues at Met-Ed to Enhance Service Reliability
October 20, 2016 9:45 AM EDTREADING, Pa., Oct. 20, 2016 /PRNewswire/ -- To help enhance the reliability of its system, Metropolitan Edison Company (Met-Ed), a FirstEnergy Corp. (NYSE: FE) utility, has inspected more than 16,400 wooden utility poles this year for signs of wear, insect infestation or damage from motor vehicle accidents as part of the company's annual inspection program. As a result of the inspections, the company expects to replace or repair nearly 100 wooden utility poles this year, which would stretch nearly a mile if laid end to end.  Â
A standard 40-foot wooden distribution pole typically... More
Pole Inspection and Replacement Program Continues at Penelec to Enhance Service Reliability
October 20, 2016 9:45 AM EDTREADING, Pa., Oct. 20, 2016 /PRNewswire/ -- To help enhance the reliability of its system, Pennsylvania Electric Company (Penelec), a FirstEnergy Corp. (NYSE: FE) utility, expects to replace or repair more than 3,700 wooden utility poles this year as part of the company's annual inspection program. The poles would stretch about 28 miles if laid end to end.Â
Overall, Penelec crews have inspected more than 43,400 of its 493,000 wooden poles in 2016 for signs of wear, insect infestation or damage from motor vehicle accidents.
A standard 40-foot wooden distribution pole typically is... More