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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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September 17, 2014
13:01 EDTEXCPepco Holdings to host special shareholder meeting
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07:36 EDTEXCWolfe Research to hold a conference
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September 16, 2014
11:01 EDTEXCComEd awarded grant from Energy Department for microgrid controller
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September 3, 2014
09:23 EDTEXCUranerz Energy makes first Uranium delivery
Uranerz Energy (URZ) announced that it has delivered its first drums of uranium, as U3O8, produced from its wholly-owned Nichols Ranch ISR Uranium Project in the Powder River Basin of Wyoming, U.S.A. The shipment of approximately 36,000 pounds was received at ConverDyn's Metropolis Works Facility, located in Metropolis, Illinois, for subsequent transfer to one of the company's utility customers. Uranerz signed its first long-term uranium sales agreement in 2009 with Exelon Generation Company (EXC), and signed its second sales agreement with another major U.S. utility later that same year. This delivery will satisfy a portion of Uranerz' existing long-term sales contracts and the company expects to make its next shipment of uranium later this quarter.

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