AES said in a statement that the plants, J.M. Stuart and Killen, would not be "economically viable beyond mid-2018."
U.S. stock index futures indicated a higher open on Friday as traders digested a better-than-expected jobs report.
CNBC Senior Markets Commentator Mike Santoli explains how the market has imposed a high cost on the owners of "cheap" stocks this year.
Despite a tepid performance in November, the stock market is once again trading within striking distance of its all-time high reached in May.
The New York Stock Exchange invoked the largely unknown Rule 48 four times in the past week. Here's what the market usually does in response.
The New York Stock Exchange invoked the largely unknown Rule 48 three times this week. Here's what the market usually does in response.
Take a look at some of Tuesday's after-hours buzz: American Express, Vertex & more
German utility RWE and other investors are betting that the largest traded renewable company in Europe has a bright future.
Take a look at some of Friday's midday movers:
Some of Monday's midday movers:
U.S. stocks closed down in low volume trade on Tuesday, pressured by weakness abroad and a sharp decline in the utilities sector.
Take a look at some of Tuesday's midday movers:
Some of Thursday's midday movers:
Two market pros explain where they are looking to make money in this market, and what names are on their buy list.
Some of Wednesday's midday movers:
Some S&P 500 companies in conservative states already are managing weather shifts, according to a new report. Inside the climate change fight.
Since January, utilities have been the top performer in the S&P. But investors beware: If interest rates rise, you could be hard-hit.
Nuclear power producer Exelon Corp. said it would buy Pepco Holdings for $6.83 billion to create the biggest mid-Atlantic electric and gas utility.
Battles between solar backers and power companies are a skirmish in a much wider war: the regulated utility model could be in a death spiral.
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.