Northeast Utilities System (NYSE:NU)
Engaged in the energy delivery business, providing franchised retail electric service through three of its wholly-owned subsidiaries; The Connecticut Light & Power Company, Public Service Company of New Hampshire & Western Massachusetts Electric Company.
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Similar story here - good dividend protects stock price with upside there to be realized as economy improves.
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started a terrible downturn from a technical standpoing
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Is going done the right path in focusing on core competencies and divesting those business segments that don't fit.
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