Utilities Higher on Rate Hopes -- Utilities Roundup

12/14/17 05:36 PM EST

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, rob.curran@dowjones.com

 

(END) Dow Jones Newswires

December 14, 2017 17:36 ET (22:36 GMT)

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