FirstEnergy reports higher Q2 earnings and debt actions
FirstEnergy Corp reports Q2 2000 net income of 134.6 million or 0.60 per share versus 125.3 million or 0.55 in 1999. For six months ending June 30, net income 275.5 million or 1.23 per share versus 262 million or 1.15. Debt retirements totaled 130.4 million, saving 9.1 million annually. The company settled with major parties on its December transition plan under Ohio electricity restructuring. FirstEnergy, based in Akron, serves 2.2 million customers in Ohio and western Pennsylvania with four utilities Ohio Edison, Pennsylvania Power, The Illuminating Company, and Toledo Edison.
MENTIONED IN THIS ARTICLE
FirstEnergy Corp
FirstEnergy
Ohio
Akron
Pennsylvania
Ohio Edison
Pennsylvania Power
the Illuminating Company
Toledo Edison
Philadelphia convention draw may boost city economy
GOP visitors spent on hotels, meals, and shopping as Philadelphia hosted a four day convention. Officials tout 45000 ambassadors and plan on leveraging the event to attract future tourism and business, with a new visitors center and Liberty Bell pavilion opening later this year. Authorities forecast the strongest impact will come over the next three years.
MENTIONED IN THIS ARTICLE
Philadelphia
Meryl Levitz
Greater Philadelphia Tourism and Marketing Corp
Pennsylvania
New Jersey
Delaware
King of Prussia Mall
Nieman-Marcus
Tiffany & Co
Leigh Ann Barnes
Franklin Mills
Rose Leoni
Leoni
American Society of Association Executives
Orlando
Fla
Tom Muldoon
Philadelphia Convention and Visitors Bureau
Muldoon
ASBA
Levitz
Missouri
Liberty Bell Pavilion
Independence Mall
Levi
Unemployment Steady as Census Layoffs Hit July Jobs
The U S unemployment rate held at 4 percent in July with a 108000 payroll decline mainly from census related government layoffs. Private payrolls rose 138000 signaling tight labor demand. Wage gains increased 0.4 percent to 13.76 dollars hourly while manufacturing and services added jobs. Federal Reserve concerns persist about inflation risk despite an expanding economy.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Robert Dederick
Northern Trust Co
Chicago
U.S
Clinton
White House
Dederick
Federal Reserve
Fed
Lieved
Green power firms seek flat rates amid California energy surge
San Diego faces sharp electric bills under deregulation as heat and growth push prices up. Renewables firms push flat-rate plans, arguing known generation costs from solar, wind, and hydro allow stable pricing. Green Mountain Energy notes PX ties. others see consumer appeal but advisers warn shortages remain.
MENTIONED IN THIS ARTICLE
San
Jon Coffman
Lighten the
Energy Restruc
Turing Education Group
San Diego
Jan Hamlin
Center For Resource Solutions
Green Mountain Energy Co
California
Pennsylvania
New Jersey
Power Exchange
Green Mountain
Ss Quinn
Green Mountain Spa
New business announces launch and services
A new business opens with owners and location details. The release provides services offered and a contact number 654-6651 ext. 615 for manager Conley during business hours. A photo of the owner accompanies the announcement.
MENTIONED IN THIS ARTICLE
Conley
Also Mentioned on This Page
Firstinergy
New Castile
Parker/Hunter Inc
At&t (T
Columbia Gas
Lemesres
Financi
ESBF
First Comm
FCF
First Energy
First Merit
FMER
FEN/Mercer
Heinz
HNZ
Steel
LTV
Matthews
MATW
Eenee
McDonalds
Mellon Bank
MEL
Labs
A Nati City Bank
New Castle
Wfraw
Cel
Ellwood City
Grove City
Wise Eyes
Doctors of Optomer
Ici
Wice
Penavision
St. Francis Hospital
Joe Kollar
John Luellen
Melissa Kolin
CRNP
David Szilagy
D.O
Arlene Crisci
Ken Greer
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