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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.
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September 18, 2014
12:12 EDTEXCComEd to refund customers $46.2M, stemming from settlement of legal cases
ComEd, a unit of Exelon, announced that it will refund customers $46.2M. The refunds stem from settlement of long-pending legal cases brought by the Illinois Attorney Generalís Office, Citizens Utility Board and the Illinois Industrial Energy Consumers on issues related to depreciation costs in ComEdís 2007 rate case filing and from costs in the companyís smart meter pilot project in 2009. Average refunds for residential customers will total approximately $8 and will appear as a credit on November bills.
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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