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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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August 28, 2015
16:29 EDTEXCStocks end volatile week higher as China whipsaws U.S. market
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August 25, 2015
16:43 EDTEXCOn 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 EDTEXCExelon, Pepco to review options regarding D.C. commission decision
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12:20 EDTEXCOn The Fly: Top stock stories at midday
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12:08 EDTEXCOptions with increasing volume: EXC POM MDLZ EWJ WBA MW F KMI
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12:00 EDTEXCPublic Service Commission of D.C. denies Pepco/Exelon merger application
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11:34 EDTEXCPepco 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 EDTEXCD.C. PSC rejects Exelon, Pepco Holdings merger
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11:28 EDTEXCPepco 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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