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Tue, May 1, 2012

Conditions of Growth, Economic Analysis - Research Report on FirstEnergy Corp. and Northeast Utilities System


Published on 2012-05-01 07:52:09 - Market Wire
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May 01, 2012 10:39 ET

Conditions of Growth, Economic Analysis - Research Report on FirstEnergy Corp. and Northeast Utilities System

HONG KONG--(Marketwire - May 1, 2012) - Today, [ www.EquityLeader.com ] introduced research coverage of FirstEnergy Corp. (NYSE: [ FE ]) and Northeast Utilities System (NYSE: [ NU ]). Full research reports are available to readers at: [ www.EquityLeader.com/index.php?sm1=FE&sm2=NU ].

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential - there remains strong opportunity within careful discretion.

Equity Leader has decided to cover FirstEnergy Corp. for its current position within the utilities industry. FirstEnergy Corp. (FirstEnergy) is engaged in the holding, directly or indirectly, of its subsidiaries: Ohio Edison Company (OE), The Cleveland Electric Illuminating Company (CEI), The Toledo Edison Company (TE), Pennsylvania Power Company (Penn) (a wholly owned subsidiary of OE), American Transmission Systems, Incorporated (ATSI), Jersey Central Power & Light Company (JCP&L), Metropolitan Edison Company (Met-Ed), Pennsylvania Electric Company (Penelec). A copy of this report detailing FirstEnergy Corp. (NYSE: [ FE ]) is available at: [ www.EquityLeader.com/index.php?sm1=FE ].

Equity Leader is also taking note of Northeast Utilities System for its changing role within the utilities industry. Northeast Utilities (NU) is a public utility holding company. To download free research on Northeast Utilities System (NYSE: [ NU ]) investors may visit: [ www.EquityLeader.com/index.php?sm2=NU ].

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