% | $
Quotes you view appear here for quick access.

FirstEnergy Corp. Message Board

  • bengrahamman bengrahamman Jul 31, 2013 7:19 PM Flag

    Fitchg Downgraded FE and subs today

    Sorry, no link, just Bing it. Fitch Downgrades First Energy & Subsidiaries To BB+ from BBB- The Stable Outlook for Supply takes into consideration plans by FE management
    to eventually merge Supply into FES. The companies will remain separate
    entities for the near-to medium-term. However, FES and Supply are currently
    managed operationally and financially as one entity (together FE Generation).


    A rating upgrade at this juncture appears unlikely for FE and its
    subsidiaries. A credit rating downgrade could be triggered by: lower than
    expected margins and volumes at FES and Supply; continued deterioration at
    JCP&L; and or an unexpected adverse operating event at one of FE's nuclear or
    large coal-fired generating units.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
30.95+0.36(+1.18%)Oct 2 4:09 PMEDT