Utilities Gain as Bonds Strengthen -- Utilities Roundup
Shares of utilities recouped a portion of their recent losses as Treasury yields declined. Utilities are often viewed as proxy for bonds in the stock market.
Georgia Power has objected to Westinghouse Electric's proposed $800 million bankruptcy loan, saying the financing could threaten the construction of the first new nuclear reactors to be built in the U.S. in decades.
-By Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
April 27, 2017 17:17 ET (21:17 GMT)