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Stock Market & Financial Investment News

News Breaks
January 11, 2013
07:09 EDTPOMPepco Holdings downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Pepco Holdings due to headwinds from rate case schedules following the unexpected negative LILO decision against ConEd. Price target lowered to $20.50 from $23
News For POM From The Last 14 Days
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July 29, 2015
08:10 EDTPOMExelon to extend termination date of merger pact with Pepco to October 29
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July 27, 2015
07:32 EDTPOMPepco reports Q2 adjusted EPS 23c, consensus 30c
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July 23, 2015
14:33 EDTPOMPepco continues to expect to complete merger with Exelon in Q3
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14:32 EDTPOMPepco says request filed for stay of MPSC order related to merger
In a regulatory filing, Pepco Holdings (POM) disclosed that on July 21, the Maryland Office of People’s Counsel filed a Motion in the Circuit Court for Queen Anne’s County, Maryland, requesting a stay of the MPSC Order and to conduct additional discovery and present additional evidence in light of an alleged conflict of interest on the part of a former MPSC Commissioner. "Pepco Holdings believes the motion is without merit and intends to vigorously oppose it and any other attempts to impede the effectiveness of the MPSC Order or delay the closing of the merger," the company said. As previously disclosed, on April 29, 2014, Pepco Holdings entered into an agreement and plan of merger with Exelon (EXC).

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