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Stock Market & Financial Investment News

News Breaks
June 26, 2014
16:19 EDTCEP, EXCConstellation Energy settles lawsuit with Constellation Energy Partners Holding
Constellation Energy Partners (CEP) announced that it has settled the lawsuit brought by Constellation Energy Partners Holdings, CEPH, a subsidiary of Exelon Corporation (EXC), against CEP in the Court of Chancery of the State of Delaware. In conjunction with the settlement, CEP has paid CEPH $1.65M in exchange for all of the Class C member interests, also referred to as the “management incentive interests,” and Class D interests held by CEPH. Together these account for all of the Class C and Class D interests issued by CEP. Effective with the acquisition from CEPH, CEP cancelled the Class C and Class D interests. As a result of the settlement, the settling parties agree to file a stipulation in the Court of Chancery of the State of Delaware seeking dismissal of the Exelon Litigation with prejudice. The settlement agreement includes mutual releases among the settling parties.
News For CEP;EXC From The Last 14 Days
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March 5, 2015
10:05 EDTEXCOn The Fly: Analyst Upgrade Summary
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07:36 EDTEXCESCO Energy Services expands channel partner agreement with Constellation
ESCO Energy Services, a wholly-owned subsidiary of ForceField Energy (FNRG) announced that its ESCO Energy Services subsidiary will be expanding its relationship with Constellation, a subsidiary of Exelon (EXC) in marketing Constellation's Efficiency Made EasySM, or EME, campaign, an innovative program designed to assist clients in implementing energy efficiency projects without up-front capital outlay. As one of Constellation's longest serving and most accomplished Channel Partners, ESCO has provided comprehensive turn-key energy efficiency services encompassing 25 projects totaling over $5M and providing over 9,000,000 kilowatt hours in annual energy savings. Projects have been successfully completed across a diverse portfolio of facilities including commercial and industrial buildings, hospitals and universities.
06:02 EDTEXCExelon upgraded to Overweight from Neutral at JPMorgan
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March 4, 2015
08:07 EDTEXCExelon, Pepco enhance proposed package of merger benefits in Maryland
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March 3, 2015
10:00 EDTEXCOn The Fly: Analyst Upgrade Summary
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08:34 EDTEXCExelon upgraded to Equal Weight from Underweight at Morgan Stanley
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February 27, 2015
07:26 EDTEXCPepco anticipates closing Exelon merger in Q2 or Q3
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07:26 EDTEXCPepco Holdings sees Exelon deal closing in Q2 or Q3
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February 19, 2015
11:31 EDTEXCConstellation selected by Federal Bureau of Prisons for $45M project
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