Value Hunters: Look To Firstenergy Corp. (FE)
Capital Research & Management Co recently announced the acquisition of new stake in Firstenergy Corp. (NYSE:FE). The institutional investor has increased its shareholding in the Utilities company by 26.58% to 62.41 million shares with purchase of 13.1 million shares. This fresh investment now brings its stake to 10.88% valued currently at $2.31 billion. In addition, […]
Firstenergy Corp. (NYSE: FE) Not A Good Play Anymore?
Capital Research & Management Co has recently announced that it has increased stake in Firstenergy Corp. (NYSE:FE) by 26.58%. After grabbing 62.41 million shares, the institutional investor is now in possession of 13.1 million shares of the Utilities Company. The new investment brought the stake of investor firm to 10.88% having worth around $2.31 billion. […]
