The recent developments surrounding FirstEnergy Corp. (FE) indicate mixed performances when compared with competitors on different days. Despite this, several investment management firms such as SG Americas Securities LLC, BI Asset Management Fondsmaeglerselskab A S, and Daiwa Securities Group Inc. have increased their stake in the corporation. Other companies, including Mutual of America Capital Management LLC and Oppenheimer Asset Management Inc., have sold, reducing their stake in FE. In addition, FirstEnergy declared increased common stock dividends, has surpassed earnings expectations, unveiled a $26 Billion investment plan, and received an industry award for winter storm outage restoration efforts. The company continues to focus on infrastructure upgrades, as evidenced by various actions like consolidating Pennsylvania subsidiaries into a single operating company and modernizing the New Jersey electric grid. It seems that FirstEnergy is receiving recognition for its diversity and corporate culture, as exemplified by its ranking as a top 50 diversity employer and one of America's greatest workplaces.
Firstenergy Corp FE News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Sun, 14 Jul 2024 15:25:11 GMT - Rating 4 - Innovation 7 - Information 8 - Rumor -1
