Key Developments: FirstEnergy Corp (FE.N)

FE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

FirstEnergy Corp Declares Unchanged Common Stock Dividend
Tuesday, 16 Jul 2013 01:43pm EDT 

FirstEnergy Corp announced that it has declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock. The dividend will be payable September 1, 2013, to shareholders of record as of August 7, 2013.  Full Article

FirstEnergy Corp Reaffirms FY 2013 EPS Guidance
Tuesday, 7 May 2013 08:30am EDT 

FirstEnergy Corp reaffirmed fiscal 2013 non-GAAP earnings guidance of $2.85 to $3.15 per share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.99 for fiscal 2013.  Full Article

FirstEnergy Corp Declares Common Stock Dividend
Tuesday, 19 Mar 2013 12:51pm EDT 

FirstEnergy Corp announced that it has declared an unchanged quarterly dividend of $0.55 per share of outstanding common stock. The dividend will be payable June 1, 2013, to shareholders of record as of May 7, 2013.  Full Article

FirstEnergy Corp Reaffirms FY 2013 EPS Guidance
Monday, 25 Feb 2013 08:30am EST 

FirstEnergy Corp reaffirmed fiscal 2013 earnings per share (EPS) guidance of $2.85 to $3.15. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.98 for fiscal 2013.  Full Article

FirstEnergy Corp Declares Unchanged Common Stock Dividend
Tuesday, 18 Dec 2012 12:05pm EST 

FirstEnergy Corp announced that the Board of Directors declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock. The dividend will be payable March 1, 2013 , to shareholders of record as of February 7, 2013  Full Article

FirstEnergy Corp Narrows FY 2012 EPS Guidance To A Range In Line With Analysts' Estimates; Issues FY 2013 EPS Guidance Above Analysts' Estimates
Thursday, 8 Nov 2012 08:25am EST 

FirstEnergy Corp announced that it is narrowing its fiscal 2012 non-GAAP earnings guidance to $3.30 to $3.40 per share, which is the lower end of the previous range of $3.30 to $3.60 per share. The Company also provided fiscal 2013 non-GAAP earnings guidance of $2.85 to $3.15 per share (EPS). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.37 for fiscal 2012 and EPS of $3.03 for fiscal 2013.  Full Article

FirstEnergy Corp Declares Common Stock Dividend
Tuesday, 18 Sep 2012 11:53am EDT 

FirstEnergy Corp announced that it declared an unchanged quarterly dividend of $0.55 per share of outstanding common stock. The dividend will be payable December 1, 2012, to shareholders of record as of November 7, 2012.  Full Article

FirstEnergy Corp Reaffirms FY 2012 EPS Guidance-Conference Call
Tuesday, 7 Aug 2012 05:00pm EDT 

FirstEnergy Corp reaffirmed fiscal 2012 guidance and expects non-GAAP earnings per share (EPS) in the range of $3.30 to $3.60. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $3.37 for fiscal 2012.  Full Article

The Babcock & Wilcox Co's Subsidiary And FirstEnergy Corp. Announces Memorandum Of Understanding
Wednesday, 25 Jul 2012 08:01am EDT 

The Babcock & Wilcox Co and FirstEnergy Corp. announced that FirstEnergy and a B&W subsidiary, Generation mPower LLC (GmP), have signed a Memorandum of Understanding regarding studies on the potential deployment of the B&W mPowerTM small modular reactor in FirstEnergy’s service territory. FirstEnergy and GmP plan to work together to perform an independent financial review of mPower economics, evaluate several alternative potential sites for construction of B&W mPower plants, complete a preliminary pre-licensing analysis, and assess the need and timing for prospective deployment of B&W mPower plants in the FirstEnergy generation fleet.  Full Article

FirstEnergy Corp Declares Common Stock Dividend
Tuesday, 17 Jul 2012 12:05pm EDT 

FirstEnergy Corp announced that its Board of Directors have declared a quarterly dividend of $0.55 per share of outstanding common stock. The dividend will be payable September 1, 2012, to shareholders of record as of August 7, 2012.  Full Article

UPDATE 3-FirstEnergy to shut two Pennsylvania coal power plants

July 9 - FirstEnergy Corp will shut two coal-fired power plants in Pennsylvania by Oct. 9 due to weak power prices and the high cost of complying with stricter environmental rules, the company said on Tuesday.

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