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Stock Market & Financial Investment News

News Breaks
June 10, 2014
16:03 EDTEXCExelon files to sell 50M shares, 20M equity units
Exelon announced today that it plans to commence concurrent registered offerings of 50M shares of its common stock in connection with forward sales agreements and 20M equity units, aggregate stated amount of $1B. Net proceeds of the offerings will be used to finance a portion of the Pepco Holdings Inc. acquisition announced on April 30, 2014, and for general corporate purposes. Exelon expects to enter into forward sale agreements with an affiliate of Barclays Capital Inc. and Goldman, Sachs & Co.
News For EXC From The Last 14 Days
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July 29, 2014
08:16 EDTEXCExelon to provide equity financing for 21MW of Bloom Energy fuel cell projects
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07:27 EDTEXCUtilities coping with new environment as electricity sales sputter, WSJ says
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July 24, 2014
10:03 EDTEXCOn The Fly: Analyst Downgrade Summary
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08:29 EDTEXCExelon downgraded to Neutral from Buy at ISI Group
ISI Group downgraded Execlon to Neutral and cut its price target to $33 from $40. The analyst downgraded shares due to reasonable valuation and lack of visibility into the short-medium term power market.
July 21, 2014
11:04 EDTEXCExelon upgraded to Outperform from Neutral at Macquarie (pre-open)
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July 16, 2014
09:21 EDTEXCComEd announces partnership with AMSC
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