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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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October 22, 2014
18:04 EDTEXCICC approves ComEdís Grand Prairie Gateway Project
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October 17, 2014
10:00 EDTEXCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
06:16 EDTEXCExelon upgraded to Neutral from Sell at Citigroup
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October 15, 2014
08:09 EDTEXCExelon, Chicago Bridge & Iron and 8 Rivers partner for demonstration plant
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