In an article Tuesday, the Post looked to the future with a report, “European industry flocks to U.S. to take advantage of cheaper gas,” while the Times complained Monday that the “Jobs Boom Built on Cheap Energy Has Yet to Appear.”
Flocks
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Wall Street Flocks to Allegheny Shares on Word of Debt Deal
Shares of Allegheny Energy jumped more than 15% on Friday after the Wall Street Journal reported that the troubled power company is closing in on an agreement with its creditors that would remove the threat of bankruptcy looming over Allegheny in recent months. The stock also became too hard to resist for investors after several investment firms upgraded their ratings on shares of Allegheny.
January 13, 2003
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