Consolidated Edison, Inc (NYSE:ED) is a holding company of Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and the competitive energy businesses. CECONY's principal business operations are its regulated electric, gas and steam delivery businesses. O&R's principal business operations are its regulated electric and gas delivery businesses.

Consolidated Edison, Inc (NYSE:ED) achieved its new 52 week high price of $59.80 where it was opened at $59.72 down -0.90 points or -1.51% by closing at $58.61. ED transacted shares during the day were over 1.97 million shares however it has an average volume of 1.88 million shares.

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Northrop Grumman Corporation (NYSE:NOC) will build and deliver the Advanced Technology Microwave Sounder (ATMS) for the Joint Polar Satellite Systems (JPSS) under a contract with NASA.

All of the major stock indexes have been extremely volatile since the May 2, 2011 high on the S&P 500 Index. Most leading stocks continue to trade below their daily chart 50 and 200 moving averages. While many stocks continue to struggle, there is one sector that has held up very well and continues to signal strength. The group of stocks that remain very strong at this time is the utility sector.