Public Service Enterprise Group Inc
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Utilities : Multi-Utilities | Large Cap Value
Company profile

Public Service Enterprise Group Incorporated (PSEG) is a holding company. The Company is an energy company with operations located primarily in the Northeastern and Mid-Atlantic United States. The Company's segments include Public Service Electric and Gas Company (PSE&G), PSEG Power LLC (Power) and Other. PSEG is engaged in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSE&G is also the provider of last resort for gas and electric commodity service for end users in its service territory. Power is a multi-regional energy supply company that integrates the operations of its merchant nuclear and fossil generating assets with its power marketing businesses through energy sales in energy markets and fuel supply functions primarily in the Northeast and Mid-Atlantic United States through its principal subsidiaries. In addition, Power owns and operates solar generation in various states.

Closing Price
$58.15
Day's Change
-1.57 (-2.63%)
Bid
--
Ask
--
B/A Size
--
Day's High
59.72
Day's Low
57.43
Volume
(Heavy Day)
Volume:
3,240,554

10-day average volume:
2,148,714
3,240,554

Federal probe looks into contacts between Boeing, NASA executives on lunar contracts: WSJ

3:45 pm ET August 14, 2020 (MarketWatch)
Print

Federal prosecutors have started a criminal investigation into whether a senior NASA official improperly shared information about a lunar-lander project with a senior executive at Boeing Co. (BA), which then acted on his guidance, The Wall Street Journal reported Friday (https://www.wsj.com/articles/u-s-probes-former-nasa-officials-contacts-with-boeing-executive-on-lunar-contracts-11597433060?mod=hp_lead_pos1), citing people familiar with the investigation. A grand-jury investigation, led by the U.S. attorney's office for the District of Columbia, is focusing on communication early this year outside official contracting business, the newspaper reported. The contacts involve Doug Loverro, before he resigned as head of NASA's human-exploration programs in May, and Jim Chilton, senior vice president of Boeing's space and launch division, the newspaper reported. According to Boeing's website (https://www.boeing.com/company/bios/jim-chilton.page), Chilton began his career at Boeing in 1984 as an engineer and assumed the role of senior VP of the space and launch division in April 2018. Shares of Boeing rose 1.6% on Friday, and have lost 47% this year, contrasting with gains around 4% for the S&P 500 index in the same period.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 14, 2020 15:45 ET (19:45 GMT)

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