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Fly News Breaks for October 12, 2016
FE, AES
Oct 12, 2016 | 14:25 EDT
SunTrust said the Ohio PUC approved the staff recommendation for a Distribution Modernization Rider for First Energy (FE). The firm's analyst views this as a positive development for AES Corp (AES) as it has a similar request pending in front of the Ohio PUC, and if approved, should add 8-13c to 2017 earnings.
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