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Stock Market & Financial Investment News

News Breaks
July 24, 2014
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.
News For EXC From The Last 14 Days
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February 12, 2016
13:00 EDTEXCMerger of Exelon, Pepco looks headed for approval, CTFN reports
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February 9, 2016
15:48 EDTEXCExelon may consider walking away from Pepco acquisition, says dealReporter
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February 3, 2016
08:06 EDTEXCExelon plans to raise dividend 2.5% each year for next three year
"Despite a challenging year for the sector, strong operating performance at both our utilities and our generation business enabled us to deliver strong earnings. We will provide stable growth, sustainable earnings and an attractive dividend through a combination of regulated and contracted investments and return of capital. Consistent with this strategy, we plan to grow our dividend 2.5 percent each year over the next three years," said Exelon President and CEO Christopher Crane. Exelon's board declared a first quarter dividend of 31c per share and approved a revised dividend policy. The approved policy would raise its dividend 2.5% each year for the next three years, beginning with the June 2016 dividend. The board will take formal action to declare the next dividend in the second quarter, the company said.
08:04 EDTEXCExelon sees FY16 adjusted EPS $2.40-$2.70, consensus $2.52
Operating earnings guidance is based on the assumption of normal weather, which is determined based on historical average heating and cooling degree days for a 30-year period in the respective utilities' service territories.
08:03 EDTEXCExelon reports Q4 adjusted EPS 38c, consensus 41c
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February 2, 2016
08:42 EDTEXCExelon volatility elevated into Q4 and outlook
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