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Stock Market & Financial Investment News

News Breaks
December 27, 2013
05:44 EDTFEFirstEnergy upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded FirstEnergy citing valuation and the company's transition to a more regulated-centric strategy. Wells says a key element of its upgrade is the assumption that FirstEnergy reduces its dividend by 40% to an annual rate of $1.32 per share beginning in 2014. The firm raised its price target range for shares to $39-$40 from $35-$36.
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April 7, 2014
16:02 EDTFEPenelec's Utility Workers Union of America Local 180 to return to work
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