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Stock Market & Financial Investment News

News Breaks
June 18, 2014
11:17 EDTPOM, EXCExelon, Pepco Holdings file for merger approval with utility commissions
Exelon Corporation (EXC) and Pepco Holdings (POM) filed applications seeking approval of their proposed merger with the Delaware Public Service Commission, the Public Service Commission of the District of Columbia and the New Jersey Board of Public Utilities. The companies announced their proposed merger on April 30. The companies have already made transaction-related filings with the Federal Energy Regulatory Commission and the Virginia State Corporation Commission. The transaction is also subject to the notification and reporting requirements under the Hart-Scott-Rodino Act and other customary closing conditions. The transaction requires the approval of the stockholders of PHI. The companies plan to file for merger approval with the Maryland Public Service Commission in August, which still allows for the completion of the merger in the anticipated timeframe of the second or third quarter of 2015.
News For EXC;POM From The Last 14 Days
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August 28, 2015
16:29 EDTEXC, POMStocks end volatile week higher as China whipsaws U.S. market
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August 25, 2015
16:43 EDTPOM, EXCOn The Fly: Top stock stories for Tuesday
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13:55 EDTEXCExelon downgraded to Neutral from Buy at Guggenheim
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12:42 EDTEXC, POMExelon, Pepco to review options regarding D.C. commission decision
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12:20 EDTPOM, EXCOn The Fly: Top stock stories at midday
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12:08 EDTEXC, POMOptions with increasing volume: EXC POM MDLZ EWJ WBA MW F KMI
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12:00 EDTEXC, POMPublic Service Commission of D.C. denies Pepco/Exelon merger application
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11:34 EDTEXC, POMPepco plunges after D.C. commission rejects Exelon merger
The Public Service Commission of the District of Columbia voted 2 to 1 that the merger of Pepco Holdings (POM) and Exelon (EXC) is not in the public interest and that Exelon failed to prove the benefit to customer. Following the news, Pepco shares have dropped 15% to $22.96, while Exelon shares are down nearly 3% to $31.70.
11:31 EDTEXC, POMD.C. PSC rejects Exelon, Pepco Holdings merger
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11:28 EDTPOM, EXCPepco Holdings, Exelon drop sharply
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August 24, 2015
08:03 EDTEXCExelon announces outcome of 2018-19 PJM capacity auction
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August 21, 2015
17:29 EDTEXCPJM releases results for 2018-2019 PJM Interconnection capacity auction
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August 19, 2015
07:08 EDTEXCExelon called 'clear value' ahead of PJM auction results at Deutsche Bank
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