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Stock Market & Financial Investment News

News Breaks
February 20, 2013
15:16 EDTFEFirstEnergy names Taylor to replace Wagner as Chief Accounting Officer
FirstEnergy announced that Jon Taylor, VP and assistant controller, has been named the company's VP, controller and chief accounting officer, effective May 1. He succeeds Harvey Wagner, who has elected to retire.
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February 2, 2016
08:33 EDTFECRA says auction process to be conducted for FirstEnergy Penn utilities
CRA International (CRAI) announced that an auction process will be conducted for FirstEnergy Corp.'s (FE) Pennsylvania utilities - Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company and West Penn Power Company - to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auction that is scheduled for April 11, 2016. The bidding process will use a descending-price clock auction format. The auction will be managed by Independent Evaluator and Auction Manager CRA International, Inc. The auction is being conducted pursuant to FirstEnergy's Pennsylvania Default Service Program as approved by the Pennsylvania Public Utility Commission. This is the seventh auction in the series of DSP-III auctions that began in October 2014.
08:32 EDTFEFirstEnergy produced over 88.9M MW hours of electricity
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