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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 10, 1987
Page
16
A dense table lists numerous stocks with latest prices, percentage changes, and volume markers across industries. Hecla, Exxon, Pfizer, DuPont, and General Electric appear among many others, with notes on dividends and market sources for eight markets.
Centerior Energy Corp plans to sell its 32 percent stake in the Bruce Mansfield coal plant and 44 percent share in Beaver Valley Unit 2 near Pittsburgh to reduce future rate increases. The deal, to be completed by early fall, will be a leaseback keeping Toledo Edison and CEI as buyers and distributors. Tax advantages and continued regulation by PUCO are noted, with projected annual savings of at least 35 million dollars from lower rate increases.
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