Barclays Upgrades FirstEnergy Corp. (FE) to Overweight
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FirstEnergy (FE) Receives $132.5M Annual Increase for 3 Years in Ohio
October 12, 2016 1:45 PM EDT(Updated - October 12, 2016 1:55 PM EDT)
Ohio rejected FirstEnergy's (NYSE: FE) request for a $558 million rate hike, according to bizjournals. FirstEnergy received an increase of $132.5 million annually for 3 years, which could be extended 2 years.
FirstEnergy gets $132.5M annually for 3 years, could be extended 2 years. FE had asked for $558M annually for 8 years $FE
Tom Knox... MoreOhio Approves Staff's Rate Plan for FirstEnergy (FE) Units - Bloomberg
October 12, 2016 1:40 PM EDTOhio Approves Staff's Rate Plan for FirstEnergy (NYSE: FE) Units - Bloomberg
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