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Stock Market & Financial Investment News

News Breaks
July 1, 2014
18:28 EDTEXCExelon reports over 400K ComEd customers affected by storm
ComEd has restored approximately 257,000 customers after storms with hurricane force winds swept through the ComEd territory on Monday night, knocking out power to more than 400,000 customers. Lightning and winds in excess of 75 mph caused widespread damage, bringing down power lines and trees and causing severe damage. Currently, approximately 147,000 customers remain without service. ComEd has mobilized roughly 760 ComEd and contract crews to restore power as quickly and safely as possible to those affected. In addition, the utility secured additional resources from nine other states Ė including Kansas, Tennessee and Massachusetts. ComEdís South region was hardest hit, with approximately 134,000 customers currently out of power. Chicago has 7,000 customers without power. The West region has 5,700 customers without power while outages in the North region are affecting approximately 600 customers. Based on past storms of a similar magnitude, the company currently estimates that the remaining customers will have their service restored by late Thursday night, with the exception of some pockets in hardest hit areas. ComEdís restoration process begins immediately with damage assessment. This process enables the company to determine hardest hit areas and establish restoration times. The company then prioritizes outage restoration to ensure public safety first such as police and fire, followed by hospitals and other critical customers such as pumping stations. ComEd then restores feeders, which allows the company to return power to the largest numbers of customers at one time, followed by smaller service restorations and individual outages.
News For EXC From The Last 14 Days
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November 24, 2014
06:07 EDTEXCComverge and Constellation to combine demand response businesses
H.I.G. Capital announced that its portfolio company Comverge, together with Constellation, a subsidiary of Exelon, have combined their demand response businesses serving commercial & industrial customers. The combined business, named CPower, is headquartered in Baltimore, Md., and will operate as a new, standalone company independent from Comverge and Constellation.
November 21, 2014
08:04 EDTEXCFERC approves merger of Exelon, Pepco Holdings
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November 19, 2014
17:20 EDTEXCConstellation NewEnergy awarded $167.91M government contract
Constellation NewEnergy, an Exelon company, has been awarded a maximum $167.91M firm-fixed-price contract for electricity and ancillary services. This contract was a competitive acquisition, and six offers were received. This is a two-year base contract. Location of performance is Maryland with a Jan. 31, 2017 performance completion date.
November 13, 2014
05:54 EDTEXCStocks with implied volatility movement; EXC BTU
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