Wall Street Fundamentals Releases New In-Depth Stock Reports on DUK, EXC, FE and SO


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Companies Mentioned

NYSE:DUK / NYSE:EXC / NYSE:FE / NYSE:SO
06/04/2013 [ACCESSWIRE]

Shares of high paying dividend stocks have slumped in recent weeks as a sharp rise in U.S. Treasury yields has triggered a selloff in dividend-rich equities. The yield on the benchmark 10-year U.S. Treasury note has climbed to 2.160 percent from 1.674 percent at the beginning of May. Shares of Utility stocks in the Standard & Poor's 500-stock index have declined 9.1 percent in May. According to FactSet, utilities currently offer an average dividend yield of 4.1 percent.

Duke Energy Corp (NYSE: DUK) shares traded in the range of $66.18 to $67.64 Monday before settling to close at $67.20. The stock appears to be facing resistance at $67.64 with some support at $65.51. The company offers an annual dividend of $3.06 per share, or a yield of approximately 4.55 percent. Shares of Duke Energy have fallen roughly 9.75 percent in the past month.

More information on Duke Energy and access to the free equity report can be found at:  www.WallStreetFundamentals.com/DUK

Exelon Corporation (NYSE: EXC) shares traded in the range of $31.25 to $32.01 Monday before settling to close at $31.61, an increase of 0.86 percent. The stock appears to be facing stiff resistance at $32.89 with support at $29.94. The company offers an annual dividend of $1.24 per share, or a yield of approximately 3.9 percent. Shares of Exelon have fallen roughly 11.7 percent in the past month.

More information on Exelon and access to the free equity report can be found at:       www.WallStreetFundamentals.com/EXC

FirstEnergy Corp. (NYSE: FE) shares traded in the range of $38.85 to $39.72 Monday before settling to close at $39.16, down 6.2 percent year-to-date. The stock appears to be facing resistance at $40.94 with support at $39.52. The company offers an annual dividend of $2.20 per share, or a yield of approximately 5.6 percent. Shares of FirstEnergy have fallen roughly 13.0 percent in the past week.

More information on FirstEnergy and access to the free equity report can be found at:      www.WallStreetFundamentals.com/FE

The Southern Company (NYSE: SO) shares traded in the range of $43.25 to $44.43 Monday before settling to close at $44.09. The stock appears to be facing resistance at the $44.39 and $44.70 levels. The company offers an annual dividend of $2.03 per share, or a yield of approximately 4.6 percent. Shares of the Southern Company have fallen roughly 6.7 percent in the past month.

More information on The Southern Company and access to the free equity report can be found at:  www.WallStreetFundamentals.com/SO

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Disclaimer:
Information, opinions and analysis contained herein are based on sources
believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:                                                                                                                                                          Wall Street Fundamentals                                                                                                                       Website: www.WallStreetFundamentals.com                                                                                            Email: editor@wallstreetfundamentals.com



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