Utilities Higher on Rate Hopes -- Utilities Roundup
Shares of power-plant operators ticked up as traders bet there would be a hiatus in rate increases for some time after Wednesday's Federal Reserve move.
German utility RWE may pay down debt if it divests a stake in British power concern Innogy in an upcoming transaction, helping RWE to shift resources to renewable-energy generation, said analysts at brokerage Goldman Sachs, in a research note.
Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
December 14, 2017 17:36 ET (22:36 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.