While real rebound in the economy is still uncertain, the best investments may be in stocks that pay investors to wait. Dividend plays are back in demand and Michael Crofton, CEO of Philadelphia Trust Company and Tim O’Brien, senior portfolio manager at Evergreen Utility and Telecommunications Fund said they should remain the core of any portfolio. Read More
FirstEnergy drew bullish options activity Friday after electrical workers ended a two-month strike against a Pennsylvania utility that is one of its subsidiaries. Read More
U.S.-based stocks had a tough week. Peter Boockvar and others have pointed out that stocks with the most U.S.-based focus were the biggest decliners on the week. Read More
FirstEnergy, which operates largely in Ohio, uses an auction method to partially sell output from its power plants. The results of the auction were announced last night: $61.50 a megawatt hour, from June 2009 through May 2011. Read More