After the Bell
Before the Bell
Jim Cramer's Daily Booyah
Winners & Losers
SOURCE FirstEnergy Corp.
TheStreet highlights 3 stocks pushing the utilities sector higher today.
FirstEnergy (FE) shares are plunging on Thursday following RBC Capital and Jefferies downgrades this morning after regulators blocked income guarantees for the company.
The Ohio utility's stock fell 10% on the news that FERC sent it orders that rescinds affiliate waivers and rejects implementing power purchase agreements with its generation businesses.
The shares of American Electric Power and First Energy are falling after a federal regulator said it would review contracts the companies received from Ohio.
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