A diversified holding company. Its utility operations consist of Detroit Edison and MichCon and non-utility subsidiaries are engaged in energy marketing and trading, energy services, and various other electricity, coal and gas related businesses.
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stock has declined along with manufacturing decline.
Should Ford continue to improve, Chrysler/Fiat regroup and grow and GM trim back its auto line and eliminate most truck lines and then reorganize with a European partner, there could be a resurgense in energy usage.