Utilities Up on Rate Bets -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators rose as traders bet the sector would benefit from a delay in interest-rate hikes. Former managers of Sunrun, one of the largest U.S. solar-energy developers say they manipulated a key sales metric, understating the number of customers who cancelled service, around the time of the company's August 2015 initial public offering.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 22, 2017 16:44 ET (20:44 GMT)