Notable Watch List: FirstEnergy Corp. (NYSE:FE), Ascena Retail Group Inc (NASDAQ:ASNA)

On Wednesday, Shares of FirstEnergy Corp. (NYSE:FE), subtract -2.93% and closed at $33.49 in the last trading session. The last trading range of the stock ranges between $33.38 and $34.02. FirstEnergy Corp. (FE) recently stated third quarter 2016 GAAP earnings of $380 million, or $0.89 per basic and diluted share of common stock, on revenue of $3.9 billion.  Operating (non-GAAP) earnings* for the third quarter of 2016 were $0.90 per basic share of common stock.

These results compare to third quarter of 2015 GAAP earnings of $395 million, or $0.94 per basic share of common stock ($0.93 diluted), on revenue of $4.1 billion. Operating (non-GAAP) earnings for the third quarter of 2015 were $0.98 per basic share of common stock.

“Our results for the third quarter exceeded our expectations because of the impact of record summer temperatures on our distribution business, in addition to solid operations across each of our business segments,” said Charles E. Jones, FirstEnergy president and chief executive officer.  “We also continue to make solid progress on our regulated growth strategies that are designed to provide predictable and customer-service oriented growth.”

Ascena Retail Group Inc (NASDAQ:ASNA), jumped 4.83% and closed at $5.43 in the last trading session. The last trading range of the stock ranges between $4.92 and $5.45. The company’s Market capitalization is $1.09 Billion with the total Outstanding Shares of 194.67 million. Lane Bryant, the nation’s leading women’s specialty size apparel brand, recently concluded its This Body Strands Strong campaign in support of breast cancer awareness, generating visibility and contributions for the fight against the disease. Over $540K in contributions raised during the campaign will benefit the American Cancer Society’s Making Strides Against Breast Cancer program.

Since 2012, Lane Bryant customers and associates have contributed $2.5M to the American Cancer Society’s Making Strides Against Breast Cancer program.

As a National Corporate Supporter of the American Cancer Society’s Making Strides Against Breast Cancer program, Lane Bryant aims to inspire women to contribute and educate them on risks, prevention and where to find assist through multiple channels. Lane Bryant’s This Body Stands Strong campaign was designed to increase awareness of Breast Cancer throughout all facets of the brand.

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