Utilities Up on Rates, Earnings Views -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators rose. New Jersey utility PSEG has an array of positive developments for its share price emerging in the near future, said analysts at brokerage Morgan Stanley, in a note to clients. These include: regulatory changes on setting power prices, New Jersey's possible rejoining of an emissions-trading program, a possible settlement of a rates dispute, and the likely flow of dollars from any tax cut directly to PSEG's bottom line.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

October 11, 2017 16:55 ET (20:55 GMT)